Performance Security is principally associated with which stage of procurement?
Type: MCQ • Marks: 1
Performance Security is principally associated with which stage of procurement?
Options
A. Requirement identification
B. Bid submission
C. Post-award contract execution
D. Market research
Explanation
Unlike Bid Security/EMD, which relates primarily to the bidding stage, Performance Security is connected with the successful bidder's contractual performance.
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UPSC Principal & Vice PrincipalManagement Finance Administration
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