If the bid validity period is extended, the procuring entity may need to ensure that:

Type: MCQ • Marks: 1

A. The Bid Security remains valid as required

B. The bidder's price is automatically increased

C. The tender is automatically cancelled

D. Performance security is automatically forfeited

Explanation

The security must cover the relevant period prescribed by the procurement conditions.

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UPSC Principal & Vice Principal Management Finance Administration

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