When was compulsory competitive tendering introduced
This is a preview of subscription content, log in to check access. David Wilson Chris Game There are no affiliations available. Personalised recommendations. Cite chapter How to cite? ENW EndNote. Compulsory Competitive tendering is only specific to UK and in the UK government removed the compulsion. Example of Compulsory competitive tendering or CCT is If Indian Railways has to hire a private firm for cleaning of the coaches of the train because of an amendment made in the law, so it has to compulsorily open up a tendering process for the same.
This can lead to savings for the public sector organization and also lead to better facilities as there will be greater competition. Browse the definition and meaning of more similar terms. The Management Dictionary covers over business concepts from 5 categories.
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