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10 articles

Make in India Purchase Preference: How a Class-I Supplier Wins a Tender
Saurav Agarwal
Business & Growth

Make in India Purchase Preference: How a Class-I Supplier Wins a Tender

A bidder who is not lowest can still take the work, and a bidder who is lowest can…

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Limited and Single Tender Enquiry: Why You Never Saw That Tender
Saurav Agarwal
Business & Growth

Limited and Single Tender Enquiry: Why You Never Saw That Tender

Not every government purchase goes out to the whole market. Two rules decide when a buyer may invite…

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Tender Cancellation and Retender: Where a Bidder Actually Stands
Saurav Agarwal
Business & Growth

Tender Cancellation and Retender: Where a Bidder Actually Stands

You were lowest, the file moved for months, and then a corrigendum scrapped the whole thing. Whether that…

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Bank Guarantee Invocation: What Happens When the Buyer Calls It In
Saurav Agarwal
Finance & Money

Bank Guarantee Invocation: What Happens When the Buyer Calls It In

The buyer writes to your bank, not to you. By the time you hear about it the money…

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Reverse Auction in GeM: How the Bidding Actually Ends
Saurav Agarwal
Business & Growth

Reverse Auction in GeM: How the Bidding Actually Ends

Price bids open, the auction runs, and then several bidders are sitting on the same lowest number. What…

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Security Deposit in a Tender: How Much Is Held, and When You Get It Back
Saurav Agarwal
Business & Growth

Security Deposit in a Tender: How Much Is Held, and When You Get It Back

The post-award money a client holds against your performance — how it is built from a lump sum…

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Bid Validity Period and Extension: Should You Agree?
Saurav Agarwal
Business & Growth

Bid Validity Period and Extension: Should You Agree?

Your quoted rate stays binding for a fixed window after you submit. What that window means, who can…

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GST TDS on Works Contract: What Gets Deducted and Why
Saurav Agarwal
Compliance & Regulation

GST TDS on Works Contract: What Gets Deducted and Why

A government department shaves two per cent off your running bill and you cannot find it anywhere. Section…

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Contractor signing an integrity pact document for a construction tender
Saurav Agarwal
Compliance & Regulation

Integrity Pact in Tender: What You Are Signing

Large tenders ask you to sign an integrity pact along with the technical bid, and most owners sign…

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EMD refund process for construction tenders showing bid money being returned
Saurav Agarwal
Compliance & Regulation

EMD Refund Process: Getting Your Bid Money Back

Earnest money sits with the department long after the tender is decided, and most owners never chase it.…

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Recently updated
Bank Guarantee Invocation: What Happens When the Buyer Calls It In

Bank Guarantee Invocation: What Happens When the Buyer Calls It In

Tipper truck, dumper and backhoe loader working together at a construction and excavation site.

Tipper, Dumper or Backhoe: Which One Actually Earns More on the Money You Put In

Best Motor Grader Brands in India 2026

Best Motor Grader Brands in India 2026

desi machines poclain machines in india

Poclain Machine in India (2026): Price List, Types & Buying Guide

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