Para 7.4.5 — NONCONSULT_MANUAL

1. Currency of Bid: In GTE (Global Tender Enquiry), foreign bidders have the flexibility to quote prices and receive payments in either Indian Rupees or freely convertible currencies

7.4.5. Global Tender Enquiry (GTE, International Competitive Bidding) If stipulated in the TIS/ AITB that this is a Global Tender Enquiry (International Competitive Bidding), the following additional aspects of the evaluation of the financial offer shall also apply:

Evaluation of Concurrent Application: MSE and Make in India Policies The concurrent application of the two procurement orders i.e., MSE Procurement Order of 2012 and PPP-MII Order may create confusion to the procuring entities on how to evaluate the bidders falling within the purview of both policies. To bring predictability both to the procuring entities as well as bidders, guidelines were issued by DoE74. These guidelines are explained in Annexure 21, along with examples in the annex thereto.

Manual for Procurement of Non-Consultancy Services, 2025 such as US Dollars, Euros, Pound Sterling, Yen, other relevant currencies 73 , or a combination thereof. However, prices for incidental goods/works (including Agency Commission) performed or sourced in India must be quoted and paid for in Indian Rupees. Indian bidders are required to quote in INR only. All offers are to be converted to Indian Rupees based on the “Bill currency selling” exchange rate on the bid submission deadline, quoted by a source as specified (if not specified, authorised exchange bankers approved by RBI) in the tender document.

2. Evaluation of Offers: Import of Goods or services or both attract integrated tax (IGST). The IGST rate and GST cess shall be applicable on the ‘Customs Assessable Value’ plus the ‘Basic Customs duty applicable thereon.’ The offers would be compared based on the principle of the total outgo from the Procuring Entity’s pockets, including all applicable taxes and duties (Customs duty, IGST, and GST Cess).

3. Agency Commission to the service provider: Provisions contained in para 4.3.1-9 of the Manual for Procurement of Goods, 2024 maybe followed.