NIS Management Wins Rs 10,36,07,027 Housekeeping Contract in Patna

NIS Management Ltd has been awarded a five-year facility management contract by the Central Building Division of the Building Construction Department in Patna, Bihar. Under the agreement, the company will be responsible for providing comprehensive housekeeping services at the Main Secretariat and the Old Secretariat campus in Patna.

The domestic work order carries a total value of Rs 10,36,07,027, inclusive of all applicable Taxes. Based on current exchange rates of around 90.3 Indian rupees per USD 1, the contract is approximately USD 114,700 in value.

Company management described the contract win as a strong endorsement of NIS Management’s experience and its team’s dedication to delivering quality services. The firm also highlighted that the contract does not involve any interest from its promoter group and is not categorised as a related party transaction.

The housekeeping scope of work is expected to include routine cleaning, maintenance of facilities, and other essential support services across the two key government secretariat locations over the next five years.

Incorporated in 1985, NIS Management Ltd is engaged in providing organised security services and facility management as part of the NIS group, offering manned guarding, housekeeping, electronic surveillance, technical maintenance and support, and payroll management services to government bodies, industrial clients, and multinational corporations, operating primarily on a wage-plus-service-charge model for manpower deployed to most customers.

Disclaimer: The article is for informational purposes only and not investment advice.