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Can I read Rajasthan Public Procurement Rules 2021 on EtoBox?
Rajasthan Public Procurement Rules 2021 by chetancs18 is a document available to read on EtoBox.
What is Rajasthan Public Procurement Rules 2021 about?
The Rajasthan Transparency in Public Procurement (Fourth Amendment) Rules, 2021 introduces a new rule 75A regarding Additional Performance Security for successful bidders with unbalanced bids. This security, amounting to 50% of the unbalanced bid amount, must be deposited before the execution of the agreement and will be refunded upon satisfactory completion of work. The rules also specify conditions under which the security may be forfeited by the procuring entity.
- Author
- chetancs18
- Language
- EN