A Principal releases Performance Security merely because the contractor requests it, although warranty obligations remai...
Type: MCQ • Marks: 1
A Principal releases Performance Security merely because the contractor requests it, although warranty obligations remain and the contract requires security to continue This is:
Options
A. Proper administrative discretion
B. Potentially improper premature release
C. Mandatory procedure
D. Good financial management
Explanation
Release must follow the contractual and procurement conditions, not merely the contractor's request.
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UPSC Principal & Vice PrincipalManagement Finance Administration
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