Swiss challenge: UPSC Daily Important Topic | 6 March 2022

Swiss challenge

✓Swiss Challenge method is one of the ways of awarding government contracts to private players.

✓Without an invitation from government, a private player can submit a proposal to government for development of an infrastructure project with exclusive intellectual property rights. Then government has two options with it:

✓Government can buy the intellectual property rights from the original proponent and call for a competitive bidding to award the project.

✓Government allows other players with similar capabilities to submit their proposals. If any proposal is better than the proposal of the original proponent, the original proponent is asked to match with the other proposal. If he fails, then it would be awarded to the best bidder.