A school purchases 500 chairs through a Government procurement process

Type: MCQ • Marks: 1

A school purchases 500 chairs through a Government procurement process The supplier delivers only 350 and refuses to deliver the remaining quantity

A. There may be a contractual performance default

B. The supplier automatically becomes the owner of the school

C. EMD is automatically returned

D. The budget increases

Explanation

The procuring authority should examine the contract and invoke applicable remedies, including security where warranted.

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UPSC Principal & Vice Principal Management Finance Administration

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A school purchases 500 chairs through a Government procurement process The supplier delivers only 350 and refuses to del...