What is emd in tender?

Report





Upload Image







Report Form



Question: What is emd in tender?

Topics: tender

Paste old question below.


Available Answers: 1


Answer #1#

1


EMD (Earnest Money Deposit):, Every tender, other than single tender shall be accompanied by Earnest Money Deposit, not exceeding one percent of the value of the procurement by means of a demand draft or bankers cheque or pay order. Earnest Money Deposit (EMD) is used in Tender and Bidding Process and is also used in Real. # EMD or Earnest Money Deposit - To ensure that a Bidder does not submit a Dummy Bid or back out at time of tender opening, Government. Earnest Money Deposit (EMD) of Rs.

Report

Answered By:
Vihaan

Vihaan

Nashik, India

Only Logged in users can post reply.


More Questions


Login


Lost Password!

Create Account

Wait Processing...