The ´Swiss Challenge´ is a way of awarding project contracts to private players and the government is considering it in the development of expressways. The government may enter into direct negotiations with a private player who submits a proposal and, if they cannot agree on the terms of the project, consider calling for bids from other interested players. South Africa, Chile, Korea, Indonesia, the Philippines and Taiwan are among the countries that have already seriously considered, awarded and implemented unsolicited projects. The obvious advantages are that it cuts red tape and shortens timelines, and promotes enterprise by rewarding the private sector for its ideas, bringing innovation and technology to a project.
Contact: Government of India.