NHAI to undertake pre-tender check on the condition of highways

NHAI has decided to undertake the task of conducting due diligence for contracts prior to bidding. It will ascertain the condition of the highways being offered under the toll-operate-transfer (TOT) model and then share this data with prospective bidders. As a part of the due diligence process, consultants will establish how good the asset is, its age and the materials used in construction. The data would then be put in the public domain by NHAI for prospective bidders to study before submission of their bids. The authority has appointed three consultants–Crisil, Deloitte and Mazars–for conducting pre-bid due diligence of the nine stretches to be bid out under the second phase of TOT.