when can't competitive bidding be used
Tamil Nadu will select developers through Tariff based reverse / competitive bidding.
When insider information is circulating or when there is an arrangement between the bidders. That would cheat the purpose of competitive bidding.
gives life
One advantage to bidding on governmental contracts is the fact that the winning bid will offer the best services for the job. A disadvantage to the process is the fact that bidding may make a business bid too much for the contract.
One of the biggest weaknesses in the bidding process is that it encourages competition. Competitive bidding is helpful in some ways though because it helps people get items for cheaper prices.
slaves to do their bidding
Procurement is an activity of acquiring, finding, buying goods or services from an external source. It helps the competitive bidding process.
competitive
competitive bidding and fair and open competition. This ensures that companies have an equal opportunity to provide goods and services to the Government and that taxpayer dollars are spent efficiently and effectively. Additionally, the Government may also consider other factors such as past performance and technical capability in the selection process.
Turn key projects are allowed for government contruction. It is not consdiered to be avoiding competive bidding. When a turn key project is done, the client is not affected by market rise.
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