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Hi...What is CDR. I have been asked this question one of the
Tender documents. Sum of Rs.2,00,000.00 is to be pledged to
GOVT in form of CDR. So can any one make me under stand what
is CDR and how to fulfill the same. Which bank is advisable
for making CDR.
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Answer Posted / shahid iqbal
cdr i taken as security by the tender issuing authority
from the contractor . and its given back to contractor when
project is completed
| Is This Answer Correct ? | 16 Yes | 1 No |
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