🇮🇳India

RFP बिड रिजेक्शन

2 verified sources

Definition

Bids rejected for missing GSTIN, experience certificates, or improper sealing; represents lost revenue from multi-crore event contracts.

Key Findings

  • Financial Impact: 100% opportunity cost (₹5-20 लाख per rejected tender)
  • Frequency: Per tender submission
  • Root Cause: Manual document preparation without checklists

Why This Matters

The Pitch: Events firms miss ₹50 लाख+ annual revenue from rejected govt tenders. Automated RFP compliance tracking captures these opportunities.

Affected Stakeholders

Bid Manager, Legal Team

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

GST गैर-अनुपालन जुर्माना

₹10,000-₹25,000 penalty per return + 100% of denied ITC (typically 2-5% of vendor spend)

कॉन्ट्रैक्ट अतिरिक्त लागत

15-25% cost overrun on total contract value (e.g., ₹1-2 लाख extra per event)

वेंडर ब्लैकलिस्टिंग हानि

Full contract value forfeiture (₹10-50 लाख/event) + 2-3 year blacklisting

वेन्यू अनुबंध धोखाधड़ी और जमा हड़पना

₹ Crores in tax evasion penalties; 50-60% cash payments evade 18% GST; ₹8-10 lakh inflated venue rentals per event

अनबिल्ड वेन्यू जमा और संविदा त्रुटियाँ

2-5% revenue loss from unbilled deposits; typical ₹ lakhs per event in overlooked advances

जीएसटी उल्लंघन वेन्यू जमा पर

18% GST evasion penalty (₹100-200% of tax evaded); minimum ₹10,000 per instance + interest

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