This discussion clarifies the earnest money deposit (EMD) facilities available to Micro, Small, and Medium Enterprises (MSMEs) when participating in tenders. It highlights that MSMEs are eligible for EMD exemptions under Rule 170 of the General Financial Rules (GFR), which are the financial regulations governing government spending.
24 February 2022
What are the facilities related to earnest money for tender in case of MSME. I am specifically asking about concessions and facilities for MSME when they are going for a tender.