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tender articles

14 articles

Motor grader working on airport runway construction
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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Backhoe loader loading stone on a construction site
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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Motor grader on a highway construction site
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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Excavator working on a heavy construction site at dusk
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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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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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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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…

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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…

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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…

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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…

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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
Tender evaluation showing L1, L2 and L3 bidders and award process

L1 Bidder, L2 and L3: How a Tender Is Actually Awarded

Laptop displaying the GeM Portal registration page with construction equipment at a project site for contractor registration.

GeM Portal Registration for Contractors: Hiring Machines Out to Government Buyers

Construction professional reviewing tender documents at a project site with heavy equipment in the background, representing government construction tender bidding in India.

How to Bid for Government Construction Tenders as a Machine Owner

Contractor reviewing a performance bank guarantee document for a construction contract

Performance Bank Guarantee: What It Costs a Contractor

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