Overview
This entity refers to the Bid Security schedule where the Bid Security amount must be equal to a percentage of the approved Budget Control as specified in the RA and IRR.
Navigation
Catalogues ► Bid Security
Bid Security screen fields
Field | Description |
Code | Unique identification code. |
Active | Active status - if checked Bid Security is active. |
Description | Description of the Bid Security. |
Approved Budget Contract Percentage | The amount corresponding to a certain fee. |
Procedure
User: Admin
- User is logged into the system.
- User goes to Bid Security option.
- System presents Bid Security form.
- User clicks on ‘Create’ Button.
- User fills out the Bid Security information form presented by the system.
- User clicks ‘Save’ button to save the Bid Security information.
- If users does not save the Bid Security information, system does not record it and shows error message.