KartavyaDesk

Does this reduced Performance Security apply to all types of government contracts?

GeneralWORKS_MANUALPara 4.12

Para 4.12 specifically refers to the Works Manual, so it primarily applies to works contracts. However, other departments might have issued similar guidelines referencing this rule for other types of contracts. Always refer to the specific tender document and relevant circulars.

Source: WORKS_MANUAL Para 4.12

Have a follow-up question?

Ask Niti AI for personalized guidance with rule citations.

Ask Niti AI →

Related Questions

Does this rule apply to deputation within India?

Are price variations allowed on advance or stage payments?

What happens if the contractor disagrees with the Engineer's decision on the EOT?

What are 'emoluments' as referred to in Rule 45?

Does this apply to all types of procurement?

This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.