Blacklisting of Suppliers and Contractors as Public Procurement Rules , 2004
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"blacklisting" in the context of public
procurement refers to the practice of disqualifying certain suppliers or
contractors from participating in a public bidding process. This can occur for
a variety of reasons, such as if a company has a history of failing to meet the
terms of a contract, engaging in fraudulent or corrupt behavior, or otherwise
not meeting the standards expected in the procurement process.
In many countries, there are laws
and regulations governing the public procurement process, including rules
around blacklisting. For example, in Pakistan and India, the Public Procurement
Rules 2004 outline the circumstances under which suppliers or contractors may
be blacklisted, as well as the procedures for placing a company on the
blacklist and the process for appealing a blacklisting decision. These rules
are designed to ensure fairness and transparency in the procurement process and
to protect the interests of the government and taxpayers.
To learns more about it please visit the below link of a YouTube Channel:
or
https://youtu.be/K69a0hUeU5Y

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