Performance Security should NOT be invoked:

Type: MCQ • Marks: 1

A. Arbitrarily or merely because an officer dislikes the supplier

B. When a contractual default covered by the security has occurred and prescribed conditions are satisfied

C. When the contract permits such action

D. In accordance with applicable legal provisions

Explanation

Invocation must have a legitimate contractual and legal basis.

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UPSC Principal & Vice Principal Management Finance Administration

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