Friday, October 29, 2021

Finance Ministry releases revised guidelines ushering in reforms in public procurement

In appropriate cases, quality parameters can be given weightage during evaluation of the proposal in a transparent and fair manner, through a Quality cum Cost Based Selection (QCBS) as an alternative to the traditional L1 system, the ministry said.

from Economy-News-Economic Times https://ift.tt/2ZvvlTG

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