Computer · Estimating, Costing and Valuation
While submitting a tender, the contractor is required to deposit a specific amount with the department as a guarantee of the tender, which is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1caution money
- 2security deposit
- 3bank guarantee
- 4earnest money✓
Correct answer
earnest money
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