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State of Rajasthan - Section

Section 4 in Rajasthan Transparency in Public Procurement Act, 2012

4. Fundamental principles of public procurement.

(1)In relation to a public procurement, the procuring entity shall have the responsibility and accountability to -
(a)ensure efficiency, economy and transparency;
(b)provide fair and equitable treatment to bidders;
(c)promote competition; and
(d)put in place mechanisms to prevent corrupt practices.
(2)Subject to the provision of sub-section (3) of section 3, every procuring entity shall carry out its procurement in accordance with the provisions of this Act and the rules and guidelines made thereunder.