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LATEST NEWS UPDATES | Explained: Why Lowest Bid May No Longer Be Enough To Win Govt Tenders As Centre Makes Quality Move </title>
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<h1 class="cat-box-title">Explained: Why Lowest Bid May No Longer Be Enough To Win Govt Tenders As Centre Makes Quality Move </h1>
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<p style="text-align:justify">-News18.com</p><p style="text-align:justify"><em>The Modi govt has introduced quality-cum-cost based selection as a mode for awarding contracts, which means lowest-cost bid is no longer the chief criterion</em></p><p style="text-align:justify">If the quality of execution has not always been regarded as the forte of public works in India, a key reason is the tendering guidelines, which said that contracts have to go to the lowest bidder. However, this stipulation, known as the L1 approach, is now no longer the primary criterion for the awarding of government contracts as the Narendra Modi government has brought in new guidelines to reform the procurement and project management process, paving the way for giving of weightage to quality in public works. Here’s what you need to know.</p><p style="text-align:justify">Please <a href="https://www.news18.com/news/explainers/explained-why-lowest-bid-may-no-longer-be-enough-to-win-govt-tenders-as-centre-makes-quality-move-4426787.html" title="https://www.news18.com/news/explainers/explained-why-lowest-bid-may-no-longer-be-enough-to-win-govt-tenders-as-centre-makes-quality-move-4426787.html">click here</a> to read more. </p>
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<h1 class="cat-box-title">Explained: Why Lowest Bid May No Longer Be Enough To Win Govt Tenders As Centre Makes Quality Move </h1>
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<p style="text-align:justify">-News18.com</p><p style="text-align:justify"><em>The Modi govt has introduced quality-cum-cost based selection as a mode for awarding contracts, which means lowest-cost bid is no longer the chief criterion</em></p><p style="text-align:justify">If the quality of execution has not always been regarded as the forte of public works in India, a key reason is the tendering guidelines, which said that contracts have to go to the lowest bidder. However, this stipulation, known as the L1 approach, is now no longer the primary criterion for the awarding of government contracts as the Narendra Modi government has brought in new guidelines to reform the procurement and project management process, paving the way for giving of weightage to quality in public works. Here’s what you need to know.</p><p style="text-align:justify">Please <a href="https://www.news18.com/news/explainers/explained-why-lowest-bid-may-no-longer-be-enough-to-win-govt-tenders-as-centre-makes-quality-move-4426787.html" title="https://www.news18.com/news/explainers/explained-why-lowest-bid-may-no-longer-be-enough-to-win-govt-tenders-as-centre-makes-quality-move-4426787.html">click here</a> to read more. </p>
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<h1 class="cat-box-title">Explained: Why Lowest Bid May No Longer Be Enough To Win Govt Tenders As Centre Makes Quality Move </h1>
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<p style="text-align:justify">-News18.com</p><p style="text-align:justify"><em>The Modi govt has introduced quality-cum-cost based selection as a mode for awarding contracts, which means lowest-cost bid is no longer the chief criterion</em></p><p style="text-align:justify">If the quality of execution has not always been regarded as the forte of public works in India, a key reason is the tendering guidelines, which said that contracts have to go to the lowest bidder. However, this stipulation, known as the L1 approach, is now no longer the primary criterion for the awarding of government contracts as the Narendra Modi government has brought in new guidelines to reform the procurement and project management process, paving the way for giving of weightage to quality in public works. Here’s what you need to know.</p><p style="text-align:justify">Please <a href="https://www.news18.com/news/explainers/explained-why-lowest-bid-may-no-longer-be-enough-to-win-govt-tenders-as-centre-makes-quality-move-4426787.html" title="https://www.news18.com/news/explainers/explained-why-lowest-bid-may-no-longer-be-enough-to-win-govt-tenders-as-centre-makes-quality-move-4426787.html">click here</a> to read more. </p>
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LATEST NEWS UPDATES | Explained: Why Lowest Bid May No Longer Be Enough To Win Govt Tenders As Centre Makes Quality Move
Explained: Why Lowest Bid May No Longer Be Enough To Win Govt Tenders As Centre Makes Quality Move
Published on Nov 10, 2021
Modified on Nov 11, 2021
-News18.com
The Modi govt has introduced quality-cum-cost based selection as a mode for awarding contracts, which means lowest-cost bid is no longer the chief criterion
If the quality of execution has not always been regarded as the forte of public works in India, a key reason is the tendering guidelines, which said that contracts have to go to the lowest bidder. However, this stipulation, known as the L1 approach, is now no longer the primary criterion for the awarding of government contracts as the Narendra Modi government has brought in new guidelines to reform the procurement and project management process, paving the way for giving of weightage to quality in public works. Here’s what you need to know.
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