BHEL exempts bid fees for MSMEs registered with NSIC
Updated: Mar 21, 2014 12:52:32pm
The power house wants to purchase fuses for its vendors and is inviting bids from suppliers registered with NSIC as service providers.
NSIC operates the scheme under the government purchase programme, in which the registered small scale industries get purchase preference in government purchase programme, exemption from payment of Earnest Money Deposit etc.
The MSMEs registered with the scheme are eligible to get the benefits under “Public Procurement Policy for Micro and Small Enterprises (MSEs) Order 2012”.
The policy has the objective of achieving an overall procurement of minimum of 20 per cent, of total annual purchases of products produced and services rendered by MSEs in a period of three years. (KNN/ST)