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tender articles

15 articles

Subletting of Contract in Construction: When It Is Allowed
Saurav Agarwal
Compliance & Regulation

Subletting of Contract in Construction: When It Is Allowed

What counts as subletting of contract on a works job, why hiring machines or labour does not, when…

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…

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…

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…

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…

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…

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…

GST on Free Issue Material: When the Client's Cement Lands in Your Taxable Value
Saurav Agarwal
Compliance & Regulation

GST on Free Issue Material: When the Client's Cement Lands in Your Taxable Value

The department supplies cement and steel free and you execute the work. Whether that material gets added to…

Item Rate Tender vs Percentage Rate Tender: What Actually Changes for You
Saurav Agarwal
Business & Growth

Item Rate Tender vs Percentage Rate Tender: What Actually Changes for You

Two standard Indian tender forms, two very different risks. Which one lets you price item by item, and…

GST on Liquidated Damages: Does the Deduction Carry Tax?
Saurav Agarwal
Compliance & Regulation

GST on Liquidated Damages: Does the Deduction Carry Tax?

A client deducts delay damages from your bill and then asks you to pay tax on it. What…

Power of Attorney for Tender: Who Can Sign Your Bid, and What Breaks If the Wrong Person Does
Saurav Agarwal
Compliance & Regulation

Power of Attorney for Tender: Who Can Sign Your Bid, and What Breaks If the Wrong Person Does

A tender bid is signed by a person, not by a firm. Here is which authority document your…

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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