India's information technology firms are accepting tougher contract terms to win large deals from clients as they compete for fewer orders in an uncertain global economy, industry insiders and analysts say. The $245-billion sector, which gained immensely from the pandemic-induced boom in digital services, has struggled in recent quarters as clients slashed spending on discretionary projects amid inflationary pressures and recession fears. That is forcing companies including Tata Consultancy Services, Infosys and HCLTech to accept contract conditions such as guaranteeing minimum cost savings, billing the client only if certain goals are achieved and reviewing cost overruns.
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Tonga Water Board REQUEST FOR PROPOSAL / QUOTATION TWB Laboratory Construction Project Title :Tonga Water Board Laboratory Construction Source of Funding :Tonga Water Board Contract Ref :Tonga Water Board Laboratory Date of Issue of Request :21st November 2023 The Tonga Water Board (Purchaser), hereby requests you to submit price quotation/proposal(s) for the construction