Limited Tender Enquiry (LTE)

Which of the following is the best UPSC-level description of Limited Tender Enquiry?

Type: MCQ • Marks: 1
Which of the following is the best UPSC-level description of Limited Tender Enquiry?
Options
A. A procurement method that permits unrestricted supplier selection by the Principal
B. A competitive procurement method in which bids are invited from a limited pool of eligible suppliers, with transparency, fairness, financial propriety, objective evaluation and proper documentation remaining essential
C. A method of purchasing exclusively from a nominated supplier
D. A mechanism for avoiding all procurement thresholds
Explanation
#VALUE!
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UPSC Principal & Vice Principal Management Finance Administration

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