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Inviting suggestions on list of 469 items reserved for exclusive purchase from MSEs under Public Procurement Policy

Start Date :
Nov 01, 2022
Last Date :
Nov 30, 2022
23:45 PM IST (GMT +5.30 Hrs)
The Central Government Ministries/ Departments and Central Public Sector Undertaking are mandated to procure 25% (as amended in 2018) of their annual value of goods or services ...
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Showing 604 Submission(s)
SUTHAHAR P
3 years 11 months ago
Robotic process automation (RPA), advanced analytics, advanced sourcing optimization, artificial intelligence (AI) and advanced contract analytics will be the highest priority areas for investment for procurement. These technologies will be increasingly used to augment and replace existing human capabilities.
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SUTHAHAR P
3 years 11 months ago
Basic Procurement Principles
Being in compliance with laws and social rules.
Striving to prevent accident and ensure safety.
Striving to protect the environment.
Striving to respect human rights and eliminate discrimination.
Placing importance on work environment.
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SUTHAHAR P
3 years 11 months ago
Steps to Improve Procurement Efficiency
Identify inefficient processes. ...
Consolidate your supplier lists. ...
Educate your workforce. ...
Establish clear expectations for your supply base. ...
Accelerate your P2P cycle time with an automated system. ...
Standardize your procurement processes.
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SUTHAHAR P
3 years 11 months ago
As per Rule 170 of General Financial Rules (GFRS) 2017, Micro and Small Enterprises (MSES) and the firms registered with concerned Ministries/ Departments are exempted from submission of Bid Security.
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SUTHAHAR P
3 years 11 months ago
Between bids of the same price, the bid, which was placed prior in point of time, shall supersede.
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SUTHAHAR P
3 years 11 months ago
One of the most important procurement department functions is to purchase goods, services or works from external sources. It plays a vital part in the company's overall business strategy as it requires strategic planning to acquire these things at the best possible cost.
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SUTHAHAR P
3 years 11 months ago
The Five Pillars are:
Value for Money. In short this means that it is not necessarily the tender with the lowest price that is going to win the bid. ...
Open and Effective Competition. ...
Ethics and Fair Dealing. ...
Accountability and Reporting. ...
Equity.
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SUTHAHAR P
3 years 11 months ago
The policy talks about the need for a more systematic approach such as the following.
Enhancement of the coordination amongst the procurement and the vendor division.
Well-prepared and detailed content with an experienced resource.
The content must comprise of the following:
Procurement Potential and an Annual Procurement Plan
Understanding of the Vendor Registration Processes
E-procurement and Digital Signature
Preparation of Bids and Common mistakes made by MSEs
Grievance Redressal Mechanism
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SUTHAHAR P
3 years 11 months ago
The primary access barriers to the public procurement market by MSE is the limited access to information, low skill sets, tedious registration/ contracting/ bidding procedures and payment delays. This policy also advises the procuring organisations to take actions such as vendor development programmes, buyer-seller meets, and outreach activities which could enhance the MSE’s ability to participate in public procurement in addition to the procurement goal. Most organisations are undertaking this in various formats and with varying degrees of impact.
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SUTHAHAR P
3 years 11 months ago
The identification of the procurement area where sub-contracting is practical, as well as feasible.
The preparation of a Tender or a Request for the proposal documents: While drafting the bid documents, clauses concerning to MSE subcontracting should be included with the complete details on who could be considered as an MSE, the requirement of documentation from leading suppliers and so on. In the technical evaluation criteria, additional points or weight could be allotted for the inclusion of MSE as a subcontractor.
Monitoring and Reporting: The responsibility of ensuring that the subcontractor is an MSE must be allocated to the main contractor with explicit contractual provisions.
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