LUCKNOW, Jan. 5 -- In an attempt to ensure quality is not compromised for cost, the Uttar Pradesh Public Works Department (PWD) is planning changes in its tender process by introducing a provision for higher earnest money deposit (EMD) for bidders who quote a very low price.
According to officials, the department will add a clause in road tenders requiring companies that submit bids quoting an unexpectedly low price to deposit a significantly higher EMD. If the quality of work is affected, the deposit will be forfeited. The lowest margin in each tender will be decided separately.
"The idea is to check companies that submit bids for tenders just to grab it, but in their attempt to do so, they quote such a low price that it compromises qu...
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