A Central Government Ministry proposes to buy goods worth more than Rs.30 Lakh (tentative cost). It is also a fact that sources of supply are definitely known to the department and are registered with it and possibility of fresh sources beyond those being tapped is remote. Which method of purchase is to be followed in this case?
A. Single Tender Enquiry
B. Limited Tender Enquiry
C. Open Tender Enquiry
D. Through Local Purchase Committee
Answer:B
A Central Government Ministry proposes to buy goods worth more than Rs.30 Lakh (tentative cost). It is also a fact that sources of supply are definitely known to the department and are registered with it and possibility of fresh sources beyond those being tapped is remote. Which method of purchase is to be followed in this case?
A. Single Tender Enquiry B. Limited Tender Enquiry C. Open Tender Enquiry D. Through Local Purchase Committee