https://www.taxtmi.com/news?id=24619 The Department of Expenditure guidelines reform public procurement and project management by prescribing strict timelines for payments, timely ad hoc releases to improve contractor liquidity (especially for MSMEs), mandating Electronic Measurement Books for progress recording, permitting alternative contractor selection methods, and allowing Quality cum Cost Based Selection (QCBS) as a transparent alternative to the traditional L1 evaluation, following consultations led by the CVC and monitored as a specified campaign. en-us Fri, 29 Oct 2021 18:20:08 +0530 Fri, 29 Oct 2021 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24619 The Department of Expenditure guidelines reform public procurement and project management by prescribing strict timelines for payments, timely ad hoc releases to improve contractor liquidity (especially for MSMEs), mandating Electronic Measurement Books for progress recording, permitting alternative contractor selection methods, and allowing Quality cum Cost Based Selection (QCBS) as a transparent alternative to the traditional L1 evaluation, following consultations led by the CVC and monitored as a specified campaign. News - Fri, 29 Oct 2021 18:20:08 +0530 https://www.taxtmi.com/news?id=24619