1. Bid Life Cycle is the period within which a buyer has to complete the entire life cycle i.e. technical evaluation, financial evaluation and order creation of Bid process.
2. By default, it is 45 days from the date of Bid publication.
Which above the statements is/are incorrect one?
1
Only 1
2
Only 2
3
Both 1 & 2
4
Neither 1 nor 2