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The Public Procurement Bill, 2011

Planning Commission

Working Papers from eSocialSciences

Abstract: An Act to regulate public procurement with the objective of maximising economy and efficiency, promoting competition among suppliers and contractors while ensuring a fair, transparent and equitable procurement process, and promoting the integrity of, and public confidence in, the procurement process undertaken by the Central Government, its statutory bodies and companies. URL:[http://planningcommission.nic.in/reports/genrep/public_pro_bill.pdf].

Keywords: PUBLIC PROCUREMENT; central government; statutory bodies; companies; public confidence; economy; suppliers; contractors; efficiency; goods or services; security; bank guarantees; surety bonds; stand-by letters of credit; bankers’ cheques or cash deposits; termination payment (search for similar items in EconPapers)
Date: 2011-11
Note: Policy Matters
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