= National Highways & Infrastructure Development Corporation Limited
LEST (Apubtic Sector Undertaking under the Ministry of Road. Transport & Highways, Govt of ina)
Phone: 011-23461600 317 Floor, PTI Building
4, Parliament Street
New Dethi-110001
No. NHIOCL/HR Atmanirbhar Bharat/2020/E-185330/17, Dated:- 17.06.2020
Office Order ( 37/2020)
In continuation of office order No. 23/2020 dated 10.06.2020, the Bank
Guarantee(s) held against Retention Money can also be released to the EPC
contractors of NHIDCL.
2. __ It is clarified that the Joint Account to which the Retention Money as per Para
1 above and Secured Advance as per Para 1(i) and Para 1({ii) of Office Order No.
23/2020 is released shall become “The Account” of the project and all payments,
i.e. SPS, IPC, GST etc. of the project thereafter shall be released in to the “Joint
Account” with GM(P) of the concerned PMU.
ae This issues with the approval of the Competent Authority.