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www.janaushadhi.gov.in. Pradhan Mantri Bharatiya Janaushadhi Pariyojana ( PMBJP) ( transl. Prime Minister Indian Public Medicine Scheme) is a campaign–public welfare scheme of Government of India. It was launched by the Department of Pharmaceuticals to provide quality medicines at affordable prices to the masses through special kendras known ...
Government procurement or public procurement is when a governing body purchases goods, works, and services from an organization for themselves or the taxpayers. [1] [2] [3] In 2019, public procurement accounted for approximately 12% of GDP in OECD countries. [4] [5] In 2021 the World Bank Group estimated that public procurement made up about 15 ...
Construction bidding is the process of submitting a proposal ( tender) to undertake, or manage the undertaking of a construction project. The process starts with a cost estimate from blueprints and material take offs . The tender is treated as an offer to do the work for a certain amount of money (firm price), or a certain amount of profit ...
Narendra Damodardas Modi ( Gujarati: [ˈnəɾendɾə dɑmodəɾˈdɑs ˈmodiː] ⓘ; born 17 September 1950) [b] is an Indian politician who has served as the 14th prime minister of India from 26 May 2014, to 5 June 2024 and is currently serving as the Caretaker Prime Minister of India until a new government is formed. Modi was the chief ...
Tender notification. A tender notification is the publication and circulation of procurement opportunities by the procuring entity in various media like: Newspapers, purchasers's own website and government tender bulletin etc. The main objective of wider publicity is to make these opportunities available to a wider supplier community, increase ...
Design–bid–build (or design/bid/build, and abbreviated D–B–B or D/B/B accordingly), also known as Design–tender (or "design/tender"), traditional method, or hardbid, is a project delivery method in which the agency or owner contracts with separate entities for the design and construction of a project. Design–bid–build is the ...
Tender offer. In corporate finance, a tender offer is a type of public takeover bid. The tender offer is a public, open offer or invitation (usually announced in a newspaper advertisement) by a prospective acquirer to all stockholders of a publicly traded corporation (the target corporation) to tender their stock for sale at a specified price ...
A bid bond guarantees that the “obligee” will be paid the difference between the principal's tender price and the next closest tender price. This action is only triggered should the principal be awarded the contract but fails to enter into the contract, as agreed, with the obligee. The bid bond penalty is a percentage of the total bid ...