A bidder refuses to extend its bid validity and corresponding bid security when such extension is requested under the te...
Type: MCQ • Marks: 1
A bidder refuses to extend its bid validity and corresponding bid security when such extension is requested under the tender conditions Which statement is most accurate?
Options
A. The bidder must always be forced to extend it
B. The consequences should be determined according to the tender conditions and applicable rules
C. The bidder automatically wins
D. The bidder's EMD becomes performance security
Explanation
Bid validity and security extensions are governed by the procurement conditions.
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UPSC Principal & Vice PrincipalManagement Finance Administration
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