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How CVC Regulates Turnover Norms in Public Procurement | Tender18

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CVC turnover norms are designed to balance financial capability with inclusivity. Under CVC procurement guidelines, turnover criteria must be proportional to the project value and should not be arbitrarily fixed. This ensures technically capable firms are not excluded due to inflated financial requirements. A well-defined turnover in tender improves bid quality and prevents favoritism... https://tender18.com/blog-details/CVC-Guidelines-For-Turnover-in-Tender

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