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![How are expired bid security and bid validity handled for procurements which are initiated before release of funds?](https://static.faqabout.me/page/ppda-logo-png.png)
How are expired bid security and bid validity handled for procurements which are initiated before release of funds?
There is a provision for extension of bid security and bid validity period in case of delays. It’s null and void to enter into a contract where the bid validity or bid security has expired