Civil Engineering MCQJE Level Civil Engineering
Earnest money is deposited by tenderer to:
Estimation and CostingHighway Engineering, Estimating, Costing and ContractsHARD
Choose the correct answer
A
show seriousness and secure bid validity
B
pay final bill
C
buy cement
D
replace performance guarantee always
Correct Answer
A. show seriousness and secure bid validity
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EMD discourages frivolous bidding and can be forfeited under specified conditions.
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