Bulletin Updates

L1 vs L6 spread of Rs.10 crore raises eyebrows in ONGC insulation tender – 20 May 2025

May 20, 2025

ONGC’s award for a Rs.10 lakh contract saw a bid spread from Rs.10 lakh to over Rs.10 crore, revealing extreme pricing divergence in an otherwise standard supply and install scope.

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