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Dissertation on Stores procurement procedure

Dissertation on Stores procurement procedure. By: Kumar Animesh I.R.A.S (p). INTRODUCTION. Importance of Stores Dept. -217 stocking depots -over 2.84 Lakh items -2001-2002 Budget, Rs 9300 crore approx. Procurement: A highly professional activity. The 5 Rs of purchase.

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Dissertation on Stores procurement procedure

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  1. Dissertationon Stores procurement procedure By: Kumar Animesh I.R.A.S (p)

  2. INTRODUCTION • Importance of Stores Dept. -217 stocking depots -over 2.84 Lakh items -2001-2002 Budget, Rs 9300 crore approx. • Procurement: A highly professional activity. The 5 Rs of purchase.

  3. System of Tendering • Various types; depending upon nature of supply & urgencey. I)Single -Non-PA Rs 10 K Beyond Rs 5 K & upto 10 K by JAG+ - Non-PA, emergencies, affecting MRO COS/CMM Rs 15 K DRM Rs 7.5 K • PA, w.o. cert, & dev, COS/CMM Rs 50K • PA, w. cert upto limits of purch. powers

  4. Contd… • SAIL SY offer upto Rs 50 L, w.o. TC • COS/CMM powers for ST • 100% adv. Payment within their powers • Oil/Lubs from PSUs IOC/BPC/HPC/BL for items for which the prices are admn • ST upto Rs 5 L, w.o. TC, w. Fin. concurrence • 100% adv. Payment • NF metals from GOI undertakings, MMTC, HZL, & HCL • ST basis upto the powers of purchase of COS, w.o. TC, w. Fin concurrence. • Procurement of Cottons & Woolens from NTC/BIC on ST basis discontinued in 1995.

  5. Contd… 2)Limited - Ten. Invited from selected no. of firms.Different types. -O.L.T- Separate enquiry for each item. -Bulletin Tender- For value <5L -S.L.T- Limited tenders issued for items whose estimated value < 3 L(Exceptions) 3)Open Invited by pub adv. Followed when estimated Value >5L

  6. Flow chart showing stages of procurement

  7. Contd…

  8. Splitting Quantity -permitted for consideration like Vitality,Qty,Delivrey requirement,capacity,past performance etc. • Local Purchase • Types of stores contract -Rate contract -Running contract -Fixed contract

  9. Thank you.

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