The Indian Government, along with State and local governments, their agencies and departments, buy many goods and services from the private sector, and provide a significant market opportunity for businesses. The government market provides many opportunities to tender for a wide range of goods and services, from large procurements and projects such as Defence, infrastructure and health, to supply of stationary and cleaning contracts.
Government tendering involves various guidelines and procedures, such as the Commonwealth Procurement Guidelines, to ensure that the process is conducted in accordance with ethical, fair and transparent practices. As the Government is accountable to tax-payers and the society, they ensure that the tendering process is equitable and non-discriminatory. Government procurement processes are designed to encourage competition and promote the efficient, effective and ethical use of government resources.
- A valuable reference that may assist you to secure contracts in the private sector or overseas.
- Experience gained is a strong selling point to other public authorities.
- Provides a reliable source of business.
The core principle in Government tendering and procurement is achieving value for money. This does not just refer to offering the lowest price or best offer. Value for money can also be assessed by looking at factors including:
- The relative risk of the proposal
- Fitness for purpose
- The performance history of the supplier
- All direct and indirect financial costs and benefits over the life of the procurement
- The flexibility of the proposal to adapt to possible change
- The anticipated price that could be obtained, or cost incurred, at the time of disposal.
By accessing Government tenders, your business has the opportunity to gain a vast considerable amount of work from a reliable organization, offering not only contracts for work being tendered, but also an opportunity to obtain ongoing work through building relationships and establishing your business as a reputable and trustworthy supplier to government.
For more information on government tendering, visit the TendersIndia website. All government business opportunities, future tenders, corrigendum and bid awarded are published on TendersIndia.
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