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Bid Security and EMD

Bid security primarily protects the procuring entity against:

Type: MCQ • Marks: 1
Bid security primarily protects the procuring entity against:
Options
A. Every possible defect in the delivered goods
B. Specified defaults such as withdrawal of a bid or failure to honour specified post-award obligations, as applicable
C. Inflation
D. Changes in the Union Budget
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UPSC Principal & Vice Principal Management Finance Administration

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