Bid Security and EMD

Which of the following would most seriously undermine the integrity of an EMD system?

Type: MCQ • Marks: 1
Which of the following would most seriously undermine the integrity of an EMD system?
Options
A. Clearly specifying the requirement in the tender document
B. Applying the same prescribed conditions to similarly situated bidders
C. Waiving EMD secretly for a preferred bidder without lawful basis
D. Returning security in accordance with applicable rules
Explanation
Selective and unjustified treatment violates fairness and transparency.
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UPSC Principal & Vice Principal Management Finance Administration

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