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What is emd in tender

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06 July 2013 what is EMD in tender

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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
06 July 2013 EMD is the Earnest Money Deposit. nature of security deposit till the tender process complete.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
06 July 2013 YES IT IS SECURITY DEPOSIT JUST LIKE TOKEN MONEY.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
06 July 2013 EMD stands for Earnest Money Deposit. It is a kind of Security Deposit for performance of the Tender/Contract.

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