MUMBAI, February 24: ICRA Ltd and the Construction Industry Development Council (CIDC) will jointly grade contractors, project owners, co...
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MUMBAI, February 24: ICRA Ltd and the Construction Industry Development Council (CIDC) will jointly grade contractors, project owners, consultants and the project itself to facilitate greater efficiency and easier flow of credit to construction sector.
Moreover, the project is more likely to be completed in time and within the stipulated cost as the contract has been given to a meritorious company. The grading system will be totally transparent and interactive-based on information given by the client. Moreover, the rating will be valid for one year and be monitored throughout the period for change.
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