Top Posts Tagged with #bid security

एनएचएआई ने निकाला 1.21 करोड़ का टेंडर पाइप लाइन का

Organization Chain: National Highways Authority of India (NHAI) – RO-BhopalTender Reference Number: NHAI/PIUKatni/MaiharSatna/2024Tender ID: 2024_NHAI_207821_1Tender Type: Open TenderForm of Contract: Item RateTender Category: WorksNo. of Covers: 2Payment Mode: OfflineWithdrawal Allowed: YesBid Validity: 120 daysPeriod of Work: 30 daysLocation: NHAI PIU Katni, Pincode: 483501—Payment…

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Understanding Earnest Money in Tender Processes

Introduction to Earnest Money Earnest money, often referred to as a bid bond or security deposit, is a crucial component in tender processes. It is a sum of money provided by a bidder to demonstrate their genuine interest and commitment to the tender. This financial deposit acts as a safeguard for the entity issuing the tender, ensuring that the bidder is serious about participating and has the…

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#Bid Security #Earnest Money #Tendering Process