TENDER EVALUATION AND MISCELLANEOUS POLICY ISSUES IN PURCHASES

12-12-2020

8.1.0 Consideration Of Tenders : Some of the important points to be kept in mind while tenders are under finalisation are discussed below: (a) Attempt should always be made to finalize the tenders within the validity of the offer. All tenderers prescribe a definite date (known as validity date of offer) by which if decision is not taken by us, validity of the offer will lapse. As per law of contract, the acceptance of the offer should be out from our office by validity date though it is not necessary that the acceptance of offer should physically reach the supplier before that date. (b) If the tender is not accepted by the validity date, we have to request the firm for

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TENDER EVALUATION AND MISCELLANEOUS POLICY ISSUES IN PURCHASES
December 12, 2020

8.1.0 Consideration Of Tenders : Some of the important points to be kept in mind while tenders are under finalisation are discussed below: (a) Attempt should always be made to finalize the tenders within the validity of the offer. All tenderers prescribe a definite date (known as validity date of offer) by which if decision is not taken by

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Purchase Procedure on zonal Railways
December 12, 2020

7.0.0 Introduction to purchase procedure : We are purchasing out of public exchequer and therefore we have to take precautions that public money is most efficiently used and we get best value of the Rupee. To meet this objective and also comply with purchase policies of Government of India, we have designed the purchase procedures in such a

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PURCHASE POLICY
December 12, 2020

6.1.0 Features of Purchase Policy : Purchase of materials, which was earlier regarded as routine activity has now become a professional function (which requires special skills and expertise) due to rapid changes in technologies and business environment. A professional purchaser has to purchase materials of Right Quality (Just

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PLANNING OF NON-STOCK ITEMS AND PROCESSING OF REQUISITION
December 12, 2020

4.1.0 Instructions for making requisition of Non-Stock Items : Non-Stock items are generally those items which do not have regular turn over. Planning of such items by Stores Department is difficult and therefore user departments plan for these items on the basis of various estimates for works and their programs for repairs and maintenance.

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PLANNING OF STOCK ITEMS & SYSTEMS OF RECOUPMENT
December 12, 2020

5.1.0 Stocking Decisions :   The Stores Department has to first decide what items they would stock for meeting the demands of the various consumers. For items required for maintenance activities, the demands can be generated well in advance as the forecasting is done based on previous consumption pattern. The Stores Department can either

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CLASSIFICATION, CODIFICATION AND NOMENCLATURE OF STORES ON INDIAN RAILWAYS
December 12, 2020

3.1.0 General Classification of Stores:Stores Department on Indian Railways is required to give a service to various departments by making thousands of items available to their indenters as and when required. To give this service we have to maintain stocks of a large number of items called as "Stock items" whereas for other items which are not

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रैपिड रेल क्या है? कैसे बदलेगा शहरों का भविष्य | Delhi-Meerut RRTS पूरी जानकारी

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रैपिड रेल क्या है? कैसे बदलेगा शहरों का भविष्य | Delhi-Meerut RRTS पूरी जानकारी

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रैपिड रेल क्या है? कैसे बदलेगा शहरों का भविष्य | Delhi-Meerut RRTS पूरी जानकारी

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