Firm to face penalty for delay in starting bicycle-sharing project in Chandigarh
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Tribune News Service
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Chandigarh, June 28
Chandigarh Smart City Ltd will impose a penalty on the firm implementing the public bicycle-sharing project over the delay in starting the first phase.
A senior official said there was a provision in the agreement that the company was liable to pay the penalty for delays. The penalty is to be paid on a per day basis after the deadline to implement the project expires on June 28.
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The company was already given a number of extensions due to Covid-19, but it failed to do the needful.
As many as 5,000 bicycles have to be provided at 617 docking stations across the city. The original deadline for the entire project was March 2022.
The first phase was to start in April this year, but the company failed to do it citing pandemic and related logistic issues.
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