6 Pages Posted: 29 Apr 2014 Last revised: 15 Jun 2014
Date Written: April 28, 2014
This short academic paper explores the rapidly changing legal position in India on contract extension to an incumbent contractor in an existing government contract, vis-à-vis the exercise of competing options by public contracting officials in terms of open re-bidding with or without a price preference or a right of first refusal to incumbent contractors.
Keywords: India, Public Procurement, Government Contracts, Incumbent Contractor, Contract Extension, Contract Renewal
JEL Classification: K12, K23
Suggested Citation: Suggested Citation
Verma, Sandeep, To Re-Tender, or Not to Re-Tender; That is the Question: Potential Litigation by Incumbent Contractors as the New 'First Come, Only Serve' Method of Awarding Public Contracts in India (April 28, 2014). Available at SSRN: https://ssrn.com/abstract=2430059 or http://dx.doi.org/10.2139/ssrn.2430059