Which one of the following statements is NOT correct?
A. Advance payment of the full cost of raw material can be made to a public sector undertaking in a turnkey contract
B. Departments can trade the existing old items while purchasing the new ones under ‘buy-back’ arrangement
C. Provision may be made in the contract for part payment to the suppliers
D. Provision should be made in the bidding document which enables the bidder to question the bidding conditions and bidding process
Answer:A
Which one of the following statements is NOT correct?
A. Advance payment of the full cost of raw material can be made to a public sector undertaking in a turnkey contract B. Departments can trade the existing old items while purchasing the new ones under ‘buy-back’ arrangement C. Provision may be made in the contract for part payment to the suppliers D. Provision should be made in the bidding document which enables the bidder to question the bidding conditions and bidding process