{"id":66173,"date":"2020-06-03T16:51:59","date_gmt":"2020-06-03T11:51:59","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66173"},"modified":"2020-06-03T16:52:01","modified_gmt":"2020-06-03T11:52:01","slug":"kmc-to-issue-tender-documents-only-after-advance-payment-submissions","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kmc-to-issue-tender-documents-only-after-advance-payment-submissions.html","title":{"rendered":"KMC to issue tender documents only after advance payment submissions"},"content":{"rendered":"\n<p>Karachi: The Karachi Metropolitan Corporation (KMC) has notified its decision to issue tender documents only after advance payments amounting to 5% of project costs have been submitted by applicant contractors, a news source reported. The move is expected to help make the process of awarding contracts more transparent and efficient.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/kmc-defers-rent-payments-43-markets-introduces-four-month-instalment-plan.html\" target=\"_blank\" rel=\"noreferrer noopener\">KMC defers rent payments in 43 markets; introduces four-month instalment plan<\/a><\/p>\n\n\n\n<p>According to details, the KMC decided to impose the requirement of 5% down payment in order to ensure that only the contractors will participate in the tendering process. It is hoped that through this method the tendering process will not be compromised and the appropriate contractors will end up acquiring the contracts, after obtaining the tender documents.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/kmc-market-tenants-have-rent-relief.html\" target=\"_blank\" rel=\"noreferrer noopener\">Karachi mayor shares details of relief measures for KMC Market tenants<\/a><\/p>\n\n\n\n<p>In a related development, Karachi Mayor Wasim Akhtar met a delegation of the KMC Contractors Association. He vowed to resolve all the issues of the contractors working with KMC and promised that the dues of the contractors will be soon cleared.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Karachi Metropolitan Corporation (KMC) has notified its decision to issue tender documents only after advance payments amounting to 5% of project costs have been submitted by applicant contractors, a news source reported. The move is expected to help make the process of awarding contracts more transparent and efficient. Read: KMC defers rent payments in 43 markets; introduces four-month instalment plan According to details, the KMC decided to impose the requirement of 5% down payment in order to ensure that only the contractors will participate in the tendering process. It is hoped that through this method the tendering process will not be compromised and the appropriate contractors will end up acquiring the contracts, after obtaining the tender documents. Read: Karachi mayor shares details of relief measures for KMC Market tenants In a related development, Karachi Mayor Wasim Akhtar met a delegation of the KMC Contractors Association. He vowed to resolve all the issues of the contractors working with KMC and promised that the dues of the contractors will be soon cleared.<\/p>\n","protected":false},"author":57,"featured_media":61769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[30815],"persona":[],"class_list":{"0":"post-66173","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-kmc-to-issue-tender-documents-only-after-advance-payment-submissions","9":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KMC changes process for issuing tender documents - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Karachi Metropolitan Corporation (KMC) has notified its decision to issue tender documents only after advance payments amounting to 5% of project costs have been submitted by applicant contractors, a news source reported.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/kmc-to-issue-tender-documents-only-after-advance-payment-submissions.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KMC changes process for issuing tender documents - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Karachi Metropolitan Corporation (KMC) has notified its decision to issue tender documents only after advance payments amounting to 5% of project costs have been submitted by applicant contractors, a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kmc-to-issue-tender-documents-only-after-advance-payment-submissions.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-03T11:51:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-03T11:52:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/KMC.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Muhammad Farhad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Farhad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"KMC changes process for issuing tender documents - Zameen News","description":"Karachi: The Karachi Metropolitan Corporation (KMC) has notified its decision to issue tender documents only after advance payments amounting to 5% of project costs have been submitted by applicant contractors, a news source reported.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/kmc-to-issue-tender-documents-only-after-advance-payment-submissions.html","og_locale":"en_US","og_type":"article","og_title":"KMC changes process for issuing tender documents - Zameen News","og_description":"Karachi: The Karachi Metropolitan Corporation (KMC) has notified its decision to issue tender documents only after advance payments amounting to 5% of project costs have been submitted by applicant contractors, a news source reported.","og_url":"https:\/\/www.zameen.com\/news\/kmc-to-issue-tender-documents-only-after-advance-payment-submissions.html","og_site_name":"Pakistan Real Estate News &amp; 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