ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Indian Peoples Human Righls Commission

For construction projects, out of 90 unsuccessful bids valued at Rs 3,262 crore in 1984 and 1985, 71 valued at Rs 1,861 crore were lost due to price and 5 valued at Rs 836 crore were lost due to credit terms. The average value of construction projects lost due to price was Rs 26.2 crore whereas the average value of construction projects lost due to credit terms was much higher, at Rs 167.2 crore. It thus seems that larger value projects in construction have been lost due to credit terms rather than due to price. For consultancy, out of 11 unsuccessful bids valued al Rs 53 crore in 1984 and 1985, 5 valued at Rs 21 crore were lost due to price while 3 valued at Rs 28 crore were lost due to credit terms. Turn-key and capital goods supply bids were lost mainly due to price.

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