Government mandates scrutiny of 'abnormally low bids' in procurements, sets threshold

Economic Times - Nov 15, 2026

The finance ministry has issued a new directive regarding government procurement processes concerning bid evaluations. Government agencies must now review bids that are priced over 30 percent below estimated costs. This scrutiny is aimed at identifying potential Abnormally Low Bids that could compromise quality and execution. Clarifications and detailed price analyses will be required from bidders in such cases before contracts can be awarded.

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