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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:10.55041/IJSREM21168

Swiss Challenge Method of Procurement

Stream/Area:

-

Subject:

-

Paper ID:

10.55041/IJSREM21168

Volume:

7 |

5 |

May 2023

Pages:

Publication Frequency:

Monthly (12 issues per year)

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Not assigned

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

RRT

Rahul Reddy Talakola

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Abstract

With changing time and needs it is important to evolve newer and better techniques and procurement methods to meet the growing demand of Infrastructural and social development projects which are critical inputs necessary for the continued growth of the Indian economy. Swiss Challenge Method is globally recognized procurement method based on PPP Modal which provides an opportunity to private sector to conceive an innovative unsolicited project proposal in India under the State and Central government. Governments in India had implemented various projects under Swiss Challenge Method. Various State governments of India had proposed guidelines to adopt the Swiss Challenge Method for project procurement/execution for development works to strengthen private and public sector participation. A comparative study was conducted based on State guideline and procedure adopted in Indian states of Maharashtra, Haryana, Madhya Pradesh, Rajasthan, Karnataka and Andhra Pradesh. A comparison was made based on Preliminary Detail of Proposal required, Content requirement of pre-feasibility study report, Content of detailed project report, Project financial summary and Time frame allotted. An attempt was also made to identify eligible sectors, advantages and weaknesses of Swiss Challenge Method.

KEYWORDS

Swiss Challenge Method (SCM) Public Private Partnership (PPP) Unsolicited Proposal Unsolicited Project Proponent (USPP) Original Project Proponent (OPP) Suo-Motu Proposal Directorate of Institutional Finance (DIF) State Level Executive Committee (SLEC).

Cite This Article

Rahul Reddy Talakola, "Swiss Challenge Method of Procurement," International Journal of Scientific Research in Engineering and Management, vol. 7, no. 5, May 2023. https://doi.org/10.55041/IJSREM21168

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Publication Date

5/16/2023

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Double-Blind Peer Review

Review Rounds: 2

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The authors declare no conflict of interest related to this research work.

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