When does a contract come into force without formal signing?(Commencement of Contract Rule 63)

A ) After performance guarantee is submitted

B ) After 30 days of bid Opening

C ) Upon bid submission

D ) When notice of acceptance is given ✅

Related Questions
  1. What is the maximum bid security percentage of the estimated price ?(Bid Security Rule 27)
  2. What is the maximum liability of a consultant?(Professional Liability Rule 54)
  3. What does the term acted refer to in the Punjab Procurement Rules 2014 ?(Definitions)
  4. What is the maximum percentage of repeat orders allowed without fresh bidding?(Repeat Orders Rule 59)
  5. What is the threshold for large consultancy for individual consultants ?(Definitions)
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