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Bid Security and EMD

Which statement is correct about EMD and procurement competition?

Type: MCQ • Marks: 1
Which statement is correct about EMD and procurement competition?
Options
A. EMD should be used to discourage all bidders
B. EMD should operate within the applicable framework without unnecessarily restricting legitimate competition
C. EMD guarantees contract award
D. EMD eliminates the need for technical evaluation
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UPSC Principal & Vice Principal Management Finance Administration

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