Bidders undergoing Corporate Debt Restructuring
Financial soundness is judged on the basis of net worth and turnover and hence there is no scope to render a bidder ineligible simply because the bidder failed to earn profit in some years.
Government Rules regarding Tender formalities/ e-Tender Procedure/ Technical Evaluation/ Financial Bid Opening/ Acceptance of Lowest Bidder/ Letter of Indent etc.
Financial soundness is judged on the basis of net worth and turnover and hence there is no scope to render a bidder ineligible simply because the bidder failed to earn profit in some years.
Subject to any special rule or order or procedure that may be prescribed by the Government in respect of a particular department, open tender shall invariably be invited for execution of works worth Rs. 1,00,000/- or more.
Proprietary article certificate in the following form is to be provided by the Department before procuring the goods from a single source as applicable.
Government has decided to relax the provision of submission of hard copy of the original EMD documents to the tender inviting authority before financial evaluations of bids in case of e-tender.
EMD of the bidders disqualified at the technical evaluation will revert to the respective bidders accounts without any manual intervention following the same path in which the EMD was transferred from the bidder’s bank account to the pooling account electronically.
Governor is pleased to decide that all the State Government Departments and subordinate offices should immediately switch over to the e-tender procedure through the State Government e-tender portal, namely, https://wbtenders.gov.in.
The Works Departments shall abolish the system of enlistment of contractors. All works of and above Rs. 5 lakh for which e-tendering is mandatory would be awarded through open e-tender.
A security deposit of 12.5 lakhs was necessary for exemption of earnest money deposit while participating in tender. Such provision from Public Works Code is deleted.
In view of introduction of Integrated Finance Branch in Public Works Department a need was felt to reconstitute the existing Tender Committee for different wings of this department.
Re-Constitution of State Level Core Committee for implementation and monitoring of e-tender process in Government departments and subordinate offices in the state.