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Q. What is the principal method of procurement?
(A) FIFO
(B) LIFO
(C) Open competitive bidding
(D) Closed competitive bidding
The answer is: (C) Open competitive bidding
Public Procurement Rules MCQs
- A “bid” means
- What is the principal method of procurement?
- A “contract” means a/an
- An agreement with specified terms and conditions with an agreed price is known as
- An order with general terms and pricing under closed framework agreement
- A ‘cross debarred’ by any procuring agency
- An arrangement which allows repeated procurement
- An open framework agreement means
- Any arrangement between parties to stifle open competition
- Threatening to influence a person’s participation in a procurement process
- The bids for procurement opportunities shall be submitted in a/an _______ package or packages.
- Where the procuring agency require the bidders to furnish a bid security, the bid security should not exceed _______ of the bid price.
- All bids shall be opened
- There are _____ procedures of open competitive bidding.
- The main open competitive bidding procedure is
- Where alternative technical proposals are possible, the bidding process used is
- Where the bids are to be evaluated on technical and financial grounds and price is taken into account after technical evaluation, the bidding process used is
- In large and complex contracts where technically unequal proposals are likely to be encountered
- Any bidder feeling aggrieved by any act of the procuring agency may lodge a written complaint concerning his grievances not later than _______ days after the announcement of the bid evaluation report.
- The committee shall investigate and decide upon the complaint within _______ days of the receipt of the complaint.
- All procurement opportunities over _______ rupees should be advertised in the newspaper.
- The procurement opportunities over two million rupees should be advertised in at least _______ newspaper(s).
- The principal method for the procurement of goods, services and works is
- The bidder with the _______ evaluated bid shall be awarded the procurement contract.
- Where needed the procuring agency shall require the successful bidder to furnish a performance guarantee which shall not exceed _______ of the contract amount.
- Public Procurement Rules MCQs Questions FPSC NTS PPSC Test
- Public Procurement Rules 2004 MCQs