Draft Public Procurement Bill, 2011 Prepared to Ensure Tranparency, Fair and Equitable Treatment of Bidders, Promote Competition and Enhance Efficiency and Economy in the Procurement Process; Comments and Suggestions Sought by 24th December, 2011 https://www.taxtmi.com/news?id=2477 The draft Public Procurement Bill, 2011 proposes a uniform statutory framework for procurement by central ministries, CPSEs and controlled autonomous bodies, establishing objectives of transparency, fair and equitable bidder treatment, promotion of competition, and improved efficiency and economy; it sets broad principles to be supplemented by rules and provides a grievance redressal mechanism and penal provisions for offences, with stakeholder consultation to refine the draft. en-us Wed, 30 Nov 2011 18:58:12 +0530 Wed, 30 Nov 2011 18:58:12 +0530 TaxTMI RSS Generator Draft Public Procurement Bill, 2011 Prepared to Ensure Tranparency, Fair and Equitable Treatment of Bidders, Promote Competition and Enhance Efficiency and Economy in the Procurement Process; Comments and Suggestions Sought by 24th December, 2011 https://www.taxtmi.com/news?id=2477 The draft Public Procurement Bill, 2011 proposes a uniform statutory framework for procurement by central ministries, CPSEs and controlled autonomous bodies, establishing objectives of transparency, fair and equitable bidder treatment, promotion of competition, and improved efficiency and economy; it sets broad principles to be supplemented by rules and provides a grievance redressal mechanism and penal provisions for offences, with stakeholder consultation to refine the draft. News - Wed, 30 Nov 2011 18:58:12 +0530 https://www.taxtmi.com/news?id=2477