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ONGC's onshore projects running out of quality bidders-II: High rate differentials worry company
Jun 13: The tender for ONGC's Group Gathering Stations cum Central Tank Farms in North Santhal, South Santhal, Sonhasan and North Kadi in the Mehsana asset saw a big variation in quoted rates, causing some people to wander whether ONGC had correctly transmitted the scope of work to the bidders.
8The rate differential among a bunch of just five bidders were extremely high, causing concern within the company of why this was so.
8Clearly, some companies were bidding very low and this in turn has opened up the possibility of sub-standard work by the lowest bidder
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