Question
What type of performance guarantee is given in case of
public tenders?ÂSolution
A Bid bond guarantee is a type of financial bank guarantee that ensures that the winning bidder undertakes the contract as per the terms of their winning bid. This is used in public tenders to ensure that a bidder will follow through with a contract if they are chosen for a tender. If the bidder does not start work on the project of the tender, the project owner can use the bid bond to cover costs and losses.
A shopkeeper marked his article 25% above its cost price and offered a discount of 30%. If cost price of the article is Rs. 560, then find profit or los...
(x – 4)2 + (y + 3) 2 + (z – 5) 2 = 0, then find the value of 2x + 3y – z.
if √1+x/121 = 13/11 then find the value of x.
- Suppose [a + (1/16a)] = 3, then the value of [16a³ + (1/256a³)] is:
If a = 2 + √3, then the value of (a6 + a4 + a2 + 1)/a3 is
If 15a2Â + 1 = 20a, then find the value of {(9a2 + 1)/25a2}
A takes 8 hours more than the time taken by B to cover a distance of 160 km. If A doubles his speed. he takes 3 hours more than B to cover the same dist...
If ( m+n ) : √ (mn) = 4, m>n , Then find the value of m : n ?
If both the roots of x 2 Â + kx + 49 = 0 are real and equal, then find the value of 'k'.
Given that x = 80, y = -35 and z = -45, Determine the value of [(x³ + y³ + z³)/10³]
Relevant for Exams:
