Price deduction in government procurement means that the purchaser or procurement agency shall make provisions in the bidding documents or negotiation documents, inquiry documents, the price of enterprise products to give 6%-10% deduction. With the deducted price to participate in the evaluation, the specific deduction ratio is determined by the purchaser or procurement agency.
As an example: if the original price is 100 yuan, 2% price deduction, then 100 * (1-2%) = 98 yuan.
Expanded Information:
According to the "Measures for the Administration of Bidding for Government Procurement of Goods and Services stipulates that the bid evaluation committee shall, in accordance with the bid evaluation methods and standards stipulated in the bidding documents, conduct commercial and technical assessment, comprehensive comparison and evaluation of the bidding documents that have passed the conformity examination.
When evaluating the bids using the lowest bid evaluation method, the bidder's bid price cannot be adjusted in any way except for arithmetic corrections and price deductions required for the implementation of government procurement policies.
"Independent innovation products government procurement evaluation methods" stipulates that the lowest bid evaluation method for the evaluation of the project, the independent innovation products can be evaluated in the bid price of its bidding price deduction ranging from 5% to 10%.
The lowest bid evaluation method is used to evaluate the bid, the independent innovation products can be evaluated in the bidding price of its bidding price deduction ranging from 5% to 10%
Baidu Encyclopedia - Interim Measures for Promoting Small and Medium-sized Enterprises through Government Procurement
Chinese Government - Independent Innovation Products Government Procurement Evaluation Measures
Chinese Government - Consideration of the Ministry of Finance Adoption of Measures for the Administration of Bidding and Tendering for Government Procurement of Goods and Services