FinMin asks govt entities against setting high turnover, payroll criteria in GeM consultancy tenders

The Finance Ministry has advised central government entities against strict turnover and payroll criteria. These requirements on the GeM portal can unnecessarily restrict competition for consultancy services. A study revealed high turnover and staff strength requirements exceeding project needs. The department emphasizes adhering to procurement manual guidelines for eligibility criteria.

Raccontata daeconomictimes.indiatimes.com