An RTI reply from the Margao Municipal Council (MMC) has revealed that the project implementation agency, GEDE, has not submitted any performance guarantee or security deposit to the civic body for the Margao waste project.
The information was furnished in response to an RTI application filed by Joseph Paul Savio Coutinho. In reply to Point No. 8 of the application, which sought a copy of the performance bank guarantee or security deposit submitted by the agency, the MMC stated that no such guarantee or deposit had been submitted to the council by GEDE.
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The disclosure has raised questions over the financial safeguards put in place by the civic body while implementing the waste management project and whether adequate security measures have been ensured to protect public funds
