Physics · Estimation and Costing
During the tendering process in estimation and costing, the guarantee amount deposited by the tenderer to ensure they will enter into the required contract upon acceptance of their tender is called ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Earned money
- 2Deposit money
- 3Earnest money✓
- 4Valid money
Correct answer
Earnest money
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