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CVC Tender Guidelines Explained for Financial Turnover Criteria | Tender18

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The CVC tender guidelines clearly state that financial turnover in tender should be a qualifying condition only when it is genuinely required. Excessive turnover demands often discourage competition and violate vigilance norms. CVC recommends using average turnover of previous years instead of a single financial year to assess capacity fairly. Understanding tender eligibility turnover... https://tender18.com/blog-details/CVC-Guidelines-For-Turnover-in-Tender

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