What is emd in tender?


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Question: What is emd in tender?

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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.


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Nashik, India

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