Learnings from the General Financial Rules (GFRs)
- GFRs, comprising rules and orders of the GOI, emphasise the need for fair, transparent, and reasonable procurement procedures
- Rule 166 allows for a ‘Single Tender Enquiry‘ under specific conditions such as emergencies, technical standardisation requirements, or if the supplier is the original manufacturer.
- Rule 173(20) warns against judging competition solely by bidder count.
- It suggests that even with just one bid, the process can be valid if the procurement is well-advertised and meets other criteria, such as reasonable qualification standards and market-aligned prices.
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