Artefact Projects Limited has secured its inaugural Railway Consultancy project, receiving a letter of award from South Central Railway (SCR) for providing Project Management Services (PMS) at various construction sites for a period of 24 months in a joint venture with AVOK Engineering Consulting & Contracting Pvt Ltd & TUMAS Turkish Engineering Consulting & Contracting Inc. The contracted fees for this project, excluding GST, amount to Rs 21,12,89,143.54, and the contract includes a performance guarantee equivalent to 5% of the total value.
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