Your working capital is sitting with government buyers
Earnest money is refundable, and nobody refunds it unprompted. Lakhs sit past their due date while you decline the next tender for want of headroom, and the bank guarantee you never released keeps charging commission.
| Tender reference | Amount | Mode | Age | |
|---|---|---|---|---|
| MAHATENDERS/PWD/2026/1042 | ₹8.50 L | BG | 120d | CHASE |
| CPPP/CPWD/2026/1108 | ₹14.20 L | DD | 95d | CHASE |
| KPPP/BBMP/2026/1090 | ₹3.20 L | DD | 70d | DUE |
| GEM/MCGM/2026/1177 | ₹4.75 L | Online | 40d | HELD |
| MAHATENDERS/DMA/2026/1203 | ₹6.10 L | eBG | 22d | HELD |
Every deposit, aged
What you paid, when the refund fell due, and how many days it is overdue. Aged from the refund date, not the payment date, because that is the number that has a claim behind it.
The cost, quantified
Interest foregone on overdue deposits at a working-capital rate. It turns “we should chase that” into a figure your finance person will act on.
Chase letters drafted
Addressed to the tender inviting authority, quoting the NIT clause and the date the refund fell due. You sign and send, the product does not send anything on your behalf.
Guarantees before they lapse
PBGs, security deposits and retention with expiry dates and commission paid to date. Start the release the day the defect liability period ends, not the day someone remembers.
Questions
When is EMD supposed to be refunded?
To unsuccessful bidders after the financial bids are opened, and to the successful bidder once the performance guarantee is furnished. Departmental manuals set the outer limit; in practice it moves when somebody asks.
Are MSEs exempt from EMD?
Yes. Micro and small enterprises registered on Udyam are exempt from EMD and tender fee under the Public Procurement Policy for MSEs 2012, on production of the Udyam certificate. The exemption is claimed, not applied automatically.
Does Avsar hold my money?
No. It is a register and a chasing tool. Deposits are paid by you to the buyer through the portal; Avsar never touches funds.
The rest of the product
7,027 live tenders. Free to search.
Create a workspace, add your turnover and one completed work order, and the eligibility engine starts returning verdicts on the tenders you are already looking at.
Start free, no cardAvsar never submits a bid for you and never asks for your digital signature certificate.