The Greater Visakha Municipal Corporation Contractors’ Association on Tuesday took to the notice of Municipal Commissioner M.V. Satyanarayana the problems they were facing.
The Commissioner ordered the release of earnest money deposits (EMDs) to the tune of Rs. 90 lakh. Led by president Rongali Jagannadham, a team of contractors explained the ‘lengthy’ process involved in getting back the EMDs.
A press release said Mr. Satyanarayana asked Chief Engineer B. Jayarami Reddy, Examiner of Accounts Satyanarayana and Additional Commissioner (Finance) P. Purnachandra Rao to reduce the process to three levels and track pending status to fix accountability.