ride is, while its digital technology records the exact location of the bumps from the starting point,” Srinivas said.
In September, while the Bombay High Court was hearing a suo motu PIL against the deteriorating condition of the city’s roads, the civic body said it would increase the performance guarantee of contracts. This has been raised from 3 per cent for all road contracts to 20 per cent for companies that bid 20 per cent less than the estimated road cost.
“If the firm bid 5 per cent more or 5 per cent less than the estimated cost, the performance guarantee remains at 3 per cent. For those that bid 20 per cent lower than the estimated cost, in case the work is not up to the mark, we will hold back the 20 per cent performance guarantee,” a senior civic official had said.