Contracts Estimates and Procurement Systems

What is the purpose of the estimate prepared by the Controller of Stores?

What is referred to as the 'Contract Period'?

Which of the following stages is NOT mentioned in the time table for estimating requirements?

What should the time table for preparing estimates ensure?

What does the 'Interim Period' refer to?

What type of procurement does the Controller of Stores directly engage in?

Why should the time table for estimate preparation be arranged groupwise?

What triggers the initiation of a recoupment action by the Depot?

What should be done with items that are in stock but have no demands during the current or new contract period?

What does the recoupment sheet primarily exclude in its details?

What is the purpose of grouping items of a class into one tender schedule?

What should be reconciled with the purchase sections' records after receiving the recoupment sheet?

When is a procurement action initiated by the purchase section?

What should be done with batches that aggregate to less than one thousand rupees for annual requirements?

What occurs if the consolidation of depot requirements shows a net availability of excess stocks?

What is required for items procured by central agencies?

How should group items that differ only in dimensions be treated in tender schedules?

After examining the recoupment sheet, what might be modified?

What does the Depot receive back from the purchase section after initiating procurement action?

What possible variation is accounted for when determining the quantity for recoupment?

What should be checked before deciding on procurement action?

What happens if there is a delay in the supply of stores after the contract delivery period?

What is required from the supplier within three days of the expiry of the contract delivery period?

Under what condition may there be no increase in price for stores delivered after the specified date?

What is the impact of an extension on the price of stores supplied after a certain date?

Which office is mentioned for receiving supply particulars?

What must be done with stores that have not yet been inspected?

What can the supplier tender after receiving the extension?

What type of damages are associated with delayed delivery?

What is explicitly stated about price increases related to customs or excise duties?

What document relays information for necessary actions needed after contract delivery expiry?

What entitles the purchaser to a decrease in price according to the terms outlined?

What consequence is stated if the contractor fails to deliver within the extended period?

How many copies of the specified form should be prepared?

What should be done with obligatory quantities that are not fully drawn from a firm?

What must the supplying firm do if they wish to leave the quantities undrawn at the end of a contract period?

What does the term 'material outstanding with firms' refer to?

What happens if a contractor declines to accept the extension on the specified conditions?

Which of the following officers should receive a copy of the completed form?

What must be included in the notice issued to firms regarding remaining obligatory quantities?

What is to be done if the contractor fails to act upon the extension after accepting it?

Which of the following items is NOT included in a typical contract estimate sheet?

What is the ideal requirement for the interim period in the contract estimate sheet?

Which factor may cause variations between average consumption and estimated consumption?

What action should a depot take if the estimated requirement indicates negative values?

In what context must additional information from a computerized system be determined by the Controller of Stores?

What is the best course of action if the quantities ordered for the contract period are found to be insufficient?

Which of the following statements regarding contract estimate sheets is correct?

What should happen to items that exceed the requirements for the current and new contract periods?

Which condition allows items to be grouped into a single tender schedule?

What is the minimum aggregate value for batches of grouped items to warrant additional preparations for tender schedules?

What should indents for items procured by central agencies reflect?

What should be done with Grouping Forms that contain items with no current demands?

What should the depot provide to explain variations between estimated requirements and actual average consumption?

Which items are included under 'True Issues' when making depot forecasts?

What is not considered a part of ordinary stores issues when forecasting?

What is the proposed document used for consolidating annual estimates from various depots called?

When consolidating depot estimates, what type of issues are excluded from the 'True Issues' consideration?

In the context of depot estimates, what is essential to comment on when variations occur?

What distinguishes 'True Issues' from other depot/store-related issues?

Which element is essential to include on the consolidated estimate proforma for better tracking?

What type of variations should the depot be cautious of while preparing forecasts?

What should be done to the records of the purchase section after the recoupment sheet is received?

Which statement correctly reflects the reviewing process of the estimated consumption provided by the depots?

What is the significance of the Contract Grouping Form in inventory management?

What should the position of covered and uncovered dues reflect?

Which of the following actions is necessary if the groupwise arrangement of procurement leads to insufficient stock estimates?

What crucial documentation must be consulted regarding surplus and overstocks available in inventory?

What should happen to the records from different depots after compiling the Contract Grouping Form?

After a contractor fails to deliver within the extended period, what should the Controller of Stores expect?

Which condition must be met for suppliers to avoid price increases on late deliveries?

What does the term 'material outstanding with firms' imply within the context of procurement?

What is the consequence specified for a contractor if they fail to deliver the stores within the extended period?

Which action should be taken by firms regarding outstanding quantities at the end of a contract period?

What benefits might a purchaser be entitled to after the expiration of the delivery period due to price variations?

What should occur with obligatory quantities that have not been fully drawn by the railway from a firm?

How many copies of the specified form should be distributed according to the outlined procedures?

What must a supplying firm do if they choose not to draw the obligatory quantities at the end of the contract?

What is a possible outcome if the contractor declines to accept the extension on specified conditions?

What happens to any increases in price due to customs or excise duties after the set date?

What should be included in the notices issued to firms regarding remaining obligatory quantities?

What is required from the supplier within three days after the delivery period expiration?