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Q. Where needed the procuring agency shall require the successful bidder to furnish a performance guarantee which shall not exceed _______ of the contract amount.
(A) 5%
(B) 7.5%
(C) 10%
(D) 12.5%

The answer is: (C) 10%

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