Bid Security and EMD

Which of the following would best protect a school from an invalid EMD?

Type: MCQ • Marks: 1
Which of the following would best protect a school from an invalid EMD?
Options
A. Clear tender conditions, verification of the security instrument, proper record keeping and monitoring of validity
B. Accepting every document submitted by suppliers
C. Allowing suppliers to define security requirements
D. Avoiding documentation
Explanation
These controls collectively protect the procuring entity.
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UPSC Principal & Vice Principal Management Finance Administration

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