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Pension Procedure
72
Preparation of Pension Documents
36
Public Procurement Rules 2004
186
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Public Procurement Rules 2004
An order with general terms and pricing under closed framework agreement without having to negotiate terms every time is termed as:
bid
offer
call off order
closed framework agreement
Author:
rikazzz
Comment
Public Procurement Rules 2004
A “bid” means:
offer
acceptance
price
result
Author:
rikazzz
Comment
Public Procurement Rules 2004
Where needed the procuring agency shall require the successful bidder to furnish a performance guarantee which shall not exceed _______ of the contract amount.
5%
7.5%
10%
12.5%
Author:
rikazzz
Comment
Public Procurement Rules 2004
All bids shall be opened
randomly
privately
secretly
publicly
Author:
rikazzz
Comment
Public Procurement Rules 2004
The bidder with the _______ evaluated bid shall be awarded the procurement contract.
highest
lowest
average
zero variance
The bids are evaluated and, following review and the contract is awarded to the lowest evaluated bidder.
Author:
rikazzz
Comment
Public Procurement Rules 2004
The main open competitive bidding procedure is
single stage one envelope bidding
single stage two envelope procedure
two stage bidding procedure
two stage two envelope bidding procedure
Author:
rikazzz
Comment
Public Procurement Rules 2004
An open framework agreement means an agreement with specified terms and conditions but without an agreed:
time
price
services
delivery time
Author:
rikazzz
Comment
Public Procurement Rules 2004
The procurement opportunities over two million rupees should be advertised in at least _______ newspaper(s).
one
two
three
four
Author:
rikazzz
Comment
Public Procurement Rules 2004
What is the principal method of procurement?
FIFO
LIFO
Open competitive bidding
Closed competitive bidding
Author:
rikazzz
Comment
Public Procurement Rules 2004
The principal method for the procurement of goods, services and works is
open competitive bidding
close competitive bidding
FIFO
LIFO
Author:
rikazzz
Comment
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