Govt exempts procurement of spare parts from OEMs from public procurement policy

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said the government’s decision is prudent as it allows procurement of spare parts from foreign OEMs because there are no other sources of supply. “Since the equipment/machinery would have been procured from foreign OEMs, much before the introduction of restriction of global tendering, the spares inevitably have to be purchased from the same supplier,” he said.