Public Procurement Rules, 2004 MCQs

91 MCQs  (Page 5 of 10)

Open competitive bidding is required if the cost of the object is more than:
Rs. 3 million
Rs. 40,000
Rs. 100,000
The financial limit prescribed for request for quotations under Rule 42(b)(i), i.e., Rs. 500,000
Where the procuring agency does not require bid security, the bidder shall submit:
Nothing
A bid securing declaration on the format prescribed by the Authority
A performance guarantee
An integrity pact only
An extension of bid validity, where necessary, shall be for not more than:
Half of the original bid validity
The period equal to the original bid validity
Thirty days
Ninety days
Bidders who do NOT agree to extension of bid validity shall be:
Allowed to withdraw bids without forfeiture of bid security
Disqualified and their bid security forfeited
Blacklisted for six months
Required to reduce their price
Extension of time for submission of bids shall be done after recording reasons and advertised:
Only on the PPRA website
Only in one Urdu newspaper
In a manner similar to the original advertisement
By letters to known bidders
Bids submitted after the prescribed time shall be:
Accepted if the PAO permits
Opened and kept on record
Accepted with a penalty
Rejected and returned without being opened
At public bid opening, the procuring agency shall read aloud:
The unit price as well as the bid amount
The technical scores
Only the total bid amount
The names of the evaluation committee