Question

Under the two-bid system in Rule 173 of the General Financial Rules, 2017, bids are invited in two parts, namely:

1.
original bid and revised bid
2.
bid and counter-bid
3.
technical bid and financial bid
4.
tender and quotation
Answer (Detailed Solution Below)

Option 3 : technical bid and financial bid

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Detailed Solution

सही उत्तर technical bid and financial bid है।

Key Points

In the two-bid system, bidders submit a technical bid and a financial bid separately, and the financial bids of only technically qualified bidders are opened.

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More Domain-Specific Questions

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Question:

Under the two-bid system in Rule 173 of the General Financial Rules, 2017, bids are invited in two parts, namely:

1.
original bid and revised bid
2.
bid and counter-bid
3.
technical bid and financial bid
4.
tender and quotation

Correct Answer: technical bid and financial bid

In the two-bid system, bidders submit a technical bid and a financial bid separately, and the financial bids of only technically qualified bidders are opened.

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