Nigp cppo stuvia - Study guides, Class notes & Summaries

Surety - Answer a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - Answer The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - Answer 1. Indication that an offeree is bound by the terms of the offer. ...