ESE 2020: Tender & Contract Quiz-4
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Question 1
1) Fixed price
2) Fixed interest
3) Cost minus
4) Cost plus
5) Turnkey
6) Time and material
7) Unit price and time and materials contracts
Question 2
Question 3
1) To scheme procurement requirement in a timely fashion.
2) To perform make or buy analysis.
3) To create procurement documents.
4) To maintain a risk register.
Question 4
1) Capacity
2) Alternative
3) Consideration
4) Acceptance
Question 5
1) Earnest money deposit is returned for successful bidder.
2) Earnest money can be converted into society deposit.
3) Security deposit is returned after defect liability period.
Which of the above statements are correct?
Question 6
1) Is taken only from the successful bidder
2) Is returned after the liability period.
3) Makes run the tenderer does the work as per contract.
4) Is generally 2-3% of the tender value.
Question 7
1) Is issued to successful tenderer.
2) Is issued after the signing of contract
3) Letter of intent contents are non-negotiable and strictly binding.
Which of the above statements are correct
Question 8
Question 9
Question 10
1) Collusion among bidders to reduce competition.
2) Illegal
3) Question and answer session of all bidders.
4) Legal
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