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🔆Swiss challenge model : The Swiss challenge model is a fexible method of giving contracts which can be used in PPP as well as non-PPP projects. In this, one bidder is asked by the government to submit the proposal for the project which is put in public domain. Afterwards, several other bidders submit their proposals aimed at improving and beating the original (frst) bidder— fnally an improved bid is selected (called a counter proposal). If the original bidder is not able to match the counter proposal, the project is awarded to the counter bidder.
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🔆Swiss challenge model : The Swiss challenge model is a fexible method of giving contracts which can be used in PPP as well as non-PPP projects. In this, one bidder is asked by the government to submit the proposal for the project which is put in public domain. Afterwards, several other bidders submit their proposals aimed at improving and beating the original (frst) bidder— fnally an improved bid is selected (called a counter proposal). If the original bidder is not able to match the counter proposal, the project is awarded to the counter bidder.

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For some time, Mr. Durov and a few dozen staffers had no fixed headquarters, but rather traveled the world, setting up shop in one city after another, he told the Journal in 2016. The company now has its operational base in Dubai, though it says it doesn’t keep servers there.Mr. Durov maintains a yearslong friendship from his VK days with actor and tech investor Jared Leto, with whom he shares an ascetic lifestyle that eschews meat and alcohol.

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