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HC upholds additional security deposit rule for contractors bidding below fixed rates | Jaipur News

Jodhpur: In a decision with potentially far-reaching impacts on public-funded projects, the principal seat of the Rajasthan high court in Jodhpur has ruled that contractors who secure tenders at rates 15% or lower than the govt’s fixed price will be required to provide additional security deposits.Legal experts say the decision is significant because it is…

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