Railway Materials Purchase Policies
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Questions and Answers

When should full payment for stores be made?

  • After inspection and delivery by the Receiving Officer (correct)
  • After shipping documents are received
  • Immediately after the despatch documents are provided
  • Upon placing the order

What is required before making advance payment to firms?

  • Verification of the shipping documents
  • Inspection of stores prior to despatch by a purchaser's nominee (correct)
  • A written guarantee from the Railway Board
  • Payment terms agreed upon verbally

In exceptional cases involving import, what must be done if prior inspection is not possible?

  • Consult the Railway Board for pricing approval
  • Make payment without any guarantees
  • Request a formal inspection after delivery
  • Obtain bank guarantee and consult specific financial authorities (correct)

Who has the discretion to invite tenders from abroad?

<p>General Manager (A)</p> Signup and view all the answers

Why should tenders be invited from abroad as well as in India?

<p>To obtain adequate publicity and ensure economic purchase (A)</p> Signup and view all the answers

What is the standard medium for public advertisements in India?

<p>Indian Trades Journal (C)</p> Signup and view all the answers

What should be done to promote tenders invited from abroad?

<p>Engage agencies of Indian Embassies for additional publicity (C)</p> Signup and view all the answers

When is the acceptance of a tender considered complete if posted via registered post?

<p>As soon as it is posted (C)</p> Signup and view all the answers

What should be taken into consideration along with quotations from supplying firms for purchasing materials?

<p>Freight element in determining cost (C)</p> Signup and view all the answers

Which factor is NOT mentioned as a reason to divide contracts?

<p>Market trends (B)</p> Signup and view all the answers

What is required before placing an order for imported articles after inviting tenders for locomotive components manufactured in India?

<p>Sanction from the Railway Board (C)</p> Signup and view all the answers

For tenders over Rs. 8 crores or Rs. 2 crores involving foreign exchange, what is required before acceptance?

<p>Recommendations sent to the Railway Board (D)</p> Signup and view all the answers

What should be done if the response to an invitation to tender is poor?

<p>Invite fresh tenders and improve publicity (A)</p> Signup and view all the answers

Which consideration is important when inviting tenders financed through foreign loans?

<p>Terms and conditions of the loan or agreement (B)</p> Signup and view all the answers

What information must tenderers provide regarding their products?

<p>The country of manufacture and/or origin (D)</p> Signup and view all the answers

How should offers for imported articles be evaluated?

<p>Converted to Indian Currency at the exchange rate on the tender opening date (A)</p> Signup and view all the answers

What basis should contracts for imported articles generally be finalized on?

<p>F.O.B./F.A.S. (B)</p> Signup and view all the answers

What should be considered when specifying the point or place of delivery?

<p>Ensure equal opportunities for all tenderers to offer their lowest prices (A)</p> Signup and view all the answers

In the case of imported articles, which additional terms may be justified for contracts?

<p>F.O.R. Indian Port (C)</p> Signup and view all the answers

Who are typically instructed to submit tenders?

<p>The General Manager or Controller of Stores in India (D)</p> Signup and view all the answers

What is the primary reason for providing sufficient time for submitting tenders?

<p>To allow tenderers to prepare comprehensive bids (C)</p> Signup and view all the answers

What is the estimated purchase value that mandates the use of the OPEN Tender System in normal circumstances for items other than safety items?

<p>Rs. 10 lakh (A)</p> Signup and view all the answers

In emergency procurement, what is the value threshold for the OPEN Tender System to be applicable?

<p>Over Rs. 2 crore (A)</p> Signup and view all the answers

Which document is NOT required from firms not on the list of approved contractors when submitting a tender?

<p>Details of financial status (C)</p> Signup and view all the answers

What is required to determine if a tender from an unknown firm is satisfactory before placing an order?

<p>Verification of the firm's production capacity (C)</p> Signup and view all the answers

What happens to the name of a firm if their executed order is satisfactory?

<p>It is added to the list of approved contractors (B)</p> Signup and view all the answers

Which of the following states the maximum value for safety item procurement via the OPEN Tender System?

<p>Rs. 2 crore (A)</p> Signup and view all the answers

What must firms submit along with their quotation, according to the prescribed proforma?

<p>Details of quality control equipment (B)</p> Signup and view all the answers

What should be recorded if an inquiry about an unknown firm yields unsatisfactory results?

<p>The result of the inquiries (A)</p> Signup and view all the answers

What is the purpose of inviting tenders by public advertisement according to the OPEN Tender System?

<p>To ensure transparency and competition (B)</p> Signup and view all the answers

Which of the following is NOT an exception to the general rule of using the OPEN Tender System?

<p>Procurement of office supplies under Rs. 5 lakh (B)</p> Signup and view all the answers

Which supply order value range requires firms to be a manufacturer or an authorized agent?

<p>Above Rs. 1 Lakh (D)</p> Signup and view all the answers

What is the revised limit for firms executing supply orders as per the new regulations?

<p>Rs. 1 Lakh and Rs. 5 Lakhs (A)</p> Signup and view all the answers

What is required for a firm to be included in the approved list of suppliers?

<p>Provisional registration and satisfactory execution of one order (B)</p> Signup and view all the answers

What should be done if firms not on the approved list are to be issued limited tender enquiries?

<p>Approval from a higher authority is needed (A)</p> Signup and view all the answers

What is the minimum number of firms to which limited tender enquiries should preferably be issued?

<p>Three firms (B)</p> Signup and view all the answers

What happens if a firm is pre-inspected and found fit for the approved list of one Railway?

<p>It is automatically included in other Railways' approved lists (D)</p> Signup and view all the answers

What is one of the criteria for assessing a firm's capability before registration?

<p>Quality control effectiveness (B)</p> Signup and view all the answers

Which of the following is a correct statement regarding registration of firms?

<p>New and old registered firms are treated equally after confirmation. (B)</p> Signup and view all the answers

What is the maximum order value mentioned for firms capable of executing orders to be newly registered?

<p>Above Rs. 10 Lakhs (C)</p> Signup and view all the answers

What detailed information must firms not on the approved contractors' list provide when submitting a tender?

<p>Name and full address of their Bankers (D)</p> Signup and view all the answers

In what scenario should the OPEN Tender System be used for the procurement of safety items?

<p>When the estimated value exceeds Rs. 2 Crores (D)</p> Signup and view all the answers

What action should be taken if inquiries about a tender from an unknown firm prove unsatisfactory?

<p>Record the unsatisfactory results and refrain from placing the order (B)</p> Signup and view all the answers

What document must firms provide related to income when submitting a tender for the first time?

<p>Income tax clearance certificate (C)</p> Signup and view all the answers

Under what condition can a firm not on the approved contractor list be added to that list?

<p>If their performance on a completed order is satisfactory (C)</p> Signup and view all the answers

What is the primary consideration when choosing suppliers for purchases of railway stores?

<p>The quality of materials provided (D)</p> Signup and view all the answers

Which of the following categories of articles is prioritized last when making purchases?

<p>Articles manufactured abroad that need special importation (C)</p> Signup and view all the answers

What condition must articles produced in India meet for them to be accepted as a priority?

<p>They should be of sufficiently good quality for the intended purpose (B)</p> Signup and view all the answers

How should articles from the second category, partially manufactured in India, be evaluated?

<p>With consideration of their suitability and quality (D)</p> Signup and view all the answers

Which of the following is NOT a source of supply for stores as per the established purchasing policy?

<p>Direct imports without prior tender process (B)</p> Signup and view all the answers

When considering foreign articles held in stock in India, what is the necessary condition for their acceptance?

<p>They should be of suitable type and requisite quality (D)</p> Signup and view all the answers

What is one of the main objectives of the government's purchasing policies regarding stores?

<p>To encourage the development of domestic industries (C)</p> Signup and view all the answers

How many items are currently reserved for exclusive purchase from KVIC/Women’s Development Corporations/Small Scale Sector Units?

<p>409 (B)</p> Signup and view all the answers

What criteria defines a Public Sector Undertaking according to the directives mentioned?

<p>Companies where not less than 51% of the paid-up share capital is held by the government (C)</p> Signup and view all the answers

What is the currency condition for articles required to be purchased for Indian Railways that do not need special import?

<p>Payment in rupees with delivery in India (A)</p> Signup and view all the answers

What percentage of paid-up share capital defines a company as a Public Sector Undertaking?

<p>Not less than 51% (A)</p> Signup and view all the answers

For imported articles, what currency should the payment normally be made in?

<p>In the currency of the country of origin or a widely used international currency (D)</p> Signup and view all the answers

Which organization is responsible for revising the items reserved for small scale sector purchases?

<p>Railway Board (B)</p> Signup and view all the answers

What should be done regarding items requiring special import according to the directives provided?

<p>Payment should be made in the currency of the country of origin. (D)</p> Signup and view all the answers

What directive governs the purchase price preference associated with Public Sector Undertakings?

<p>Guidelines issued by the Ministry of Industry (C)</p> Signup and view all the answers

For articles requiring import, which expense must be paid in Indian currency?

<p>Agency commission incurred in India (A)</p> Signup and view all the answers

What must be provided to claim advance payment when making payments against shipping documents?

<p>Documentary evidence of inspection prior to despatch (A)</p> Signup and view all the answers

In what circumstance can advance payment be made to firms before the delivery of stores?

<p>If the firm is of repute and commercial standing, with prior inspection (D)</p> Signup and view all the answers

Which of the following measures is NOT recommended for ensuring economic purchase when inviting tenders?

<p>Inviting tenders only from domestic suppliers (A)</p> Signup and view all the answers

Who is responsible for the discretion to invite tenders from abroad according to the guidelines?

<p>The General Manager (A)</p> Signup and view all the answers

What is required if a prior inspection of imported articles is not possible?

<p>A bank guarantee for the payment amount (D)</p> Signup and view all the answers

To ensure adequate publicity for tenders, which publication is regarded as the standard medium in India?

<p>The Indian Trades Journal (A)</p> Signup and view all the answers

What action should be taken if tender responses are insufficient?

<p>Extend the deadline for submission of tenders (A)</p> Signup and view all the answers

What may be utilized for additional publicity when inviting tenders from abroad?

<p>Agencies of Indian Embassies abroad (A)</p> Signup and view all the answers

Which of the following statements is incorrect regarding the tender process?

<p>General Managers have unlimited discretion in inviting tenders. (B)</p> Signup and view all the answers

What is one of the requirements for inviting tenders according to the guidelines?

<p>Tender documents, specifications, and drawings should be sent to interested parties (C)</p> Signup and view all the answers

What should be done if the invitation to tender receives a poor response?

<p>Renew the invitation and enhance publicity (A)</p> Signup and view all the answers

When evaluating offers involving foreign currency payments, what must be done with the offers?

<p>Convert them into local currency at the official rate (D)</p> Signup and view all the answers

What information must tenderers provide regarding the materials used?

<p>Country of manufacture or origin of materials (B)</p> Signup and view all the answers

When specifying the point or place of delivery, what is the aim?

<p>To give all tenderers equal opportunities for pricing (B)</p> Signup and view all the answers

For articles needing import, how should contracts be typically finalized?

<p>On Free on Board (FOB) or Free Alongside Ship (FAS) basis (C)</p> Signup and view all the answers

What should be considered when the purchases are financed through foreign loans?

<p>Terms and conditions of the loan or agreement (D)</p> Signup and view all the answers

What factors may justify imports under different basis terms such as CFR or CIF?

<p>Specific circumstances or cases (A)</p> Signup and view all the answers

How should adequate time for submission of tenders be determined?

<p>In light of the complexity of the items specified (D)</p> Signup and view all the answers

What must be done if imports are required but the usual inspection is not feasible?

<p>Seek an alternative inspection methodology (B)</p> Signup and view all the answers

Flashcards

Payment Timing

Payment for stores is usually made after receiving and verifying the stores, not before.

Advance Payment (Exceptions)

Advance payment may be acceptable for firms with good reputation, following pre-despatch inspection and documentation.

Import Inspection

Payment is made against import shipment documents only after consultation with relevant officers (and bank guarantee) if in-country pre-despatch inspection is not possible.

Tender Invitation Guidelines

Tenders are generally invited both in India and overseas, unless the order value is small or public interest is otherwise considered.

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General Manager's Tendering Power

General Manager has the say over inviting tenders from abroad, following Railway Board guidelines and indigenous clearance.

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Tendering, Overseas Publicity

Tenders should be publicized through Indian Embassies abroad, use official Indian publications and major Indian newspapers for outreach.

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Tender Document Supply

Sufficient tender documents, specifications and drawings must be available for interested parties in overseas bidding.

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Tender Notices

Formal announcements for bids to supply goods or services.

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Local Embassies/Trade Commissioners

Possible recipients of Tender Notices, representing different countries.

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Tender Submission

The act of providing a bid (tender) to deliver a required good/service.

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Sufficient Time for Tenders

Adequate time provided for bidders to submit their tender proposals.

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Foreign Finance for Purchases

Purchases funded by foreign loans or agreements.

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Poor Tender Response

Low number of bids/responses to a tender notice.

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Country of Manufacture

Information required on the origin of the materials used for production.

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Foreign Currency Evaluation

Converting foreign currency prices to determine relative costs, using official exchange rates.

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Place of Delivery

Location for the delivery of goods, considering equal opportunities for all bidders.

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Open Tender System

This system involves advertising tenders publicly to invite participation from various firms. It's the standard practice for most procurements exceeding a certain value, unless specific exceptions apply.

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Tender Value Thresholds

The open tender system is mandatory for procurements exceeding Rs. 10 lakh (except for safety items), Rs. 2 crore in emergencies, and Rs. 2 crore for safety items or items with approved vendors from central agencies.

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Approved Contractor List?

When a tender is invited by public advertisement, the availability of tender forms is not restricted to firms on the approved list.

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New Firm Information Requirement

Firms not on the approved contractor list need to provide certain information along with their tender, such as income tax clearance, banker details, and previous performance records.

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Unknown Firm Verification

Before placing an order with an unknown firm, thorough checks are necessary to ensure their capability to handle the contract properly.

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Successful Firm Recognition

If an unknown firm successfully executes a contract, their name gets added to the approved contractor list.

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Unsuccessful Firm Documentation

If a firm fails to meet the contract requirements, the reasons for not placing an order must be documented.

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What is the Authority's role?

The Authority Board (Railway Board) established the open tender system and sets the specific value thresholds for its application.

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What is the purpose of the public advertisement?

The purpose of the public advertisement is to ensure a fair and open tender process by inviting participation from all eligible firms, regardless of their prior approval status.

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What are the exceptions to the open tender system?

Exceptions to the open tender system are outlined in specific paragraphs within the document, which potentially involve circumstances like emergencies or certain types of procurement.

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What happens when a tender acceptance is posted?

When a tender is accepted and the acceptance is sent by registered post or with a certificate of posting, the contract is formed as soon as the letter is posted.

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How do I know if I have the cheapest source of supply?

When buying materials, consider the 'Freight Factor' - get quotes 'Freight On Rail - Destination' (FOR) and compare total cost, including freight, to find the true cheapest option.

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Why might a tender be split?

Sometimes, a large tender can be split among multiple companies for factors like the critical nature of items, the volume of goods needed, delivery times, and each company's capability and past performance.

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How to make sure suppliers get equal chances?

If multiple companies have rate contracts, make sure they get an equal opportunity to supply by placing orders in a balanced way, reflecting their contract quantities.

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What happens when imported goods are considered over Indian ones?

If you're considering buying imported parts for locomotives or rolling stock, you need approval from the Railway Board before placing the order.

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Supplier Registration Categories

Railway suppliers are classified based on their capacity to handle supply orders of different value ranges. These categories include firms handling orders from Rs. 1 Lakh to Rs. 5 Lakhs, Rs. 5 Lakhs to Rs. 10 Lakhs, Rs. 10 Lakhs to Rs. 40 Lakhs, and orders exceeding Rs. 40 Lakhs.

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Revised Order Value Limits

The previous order value limits of Rs. 25,000 and Rs. 1 Lakh have been revised to Rs. 1 Lakh and Rs. 5 Lakh respectively.

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Manufacturer or Authorized Agent

Firms registered to execute supply orders exceeding Rs. 1 Lakh must either be a manufacturer or their authorized agent.

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Pre-Inspection for Capacity

Firms registering to fulfill supply orders exceeding Rs. 1 Lakh undergo a pre-inspection to assess their capability and quality control.

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Provisional Registration

Initial registration is provisional, meaning it's confirmed only after the firm successfully completes one order.

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No Discrimination

Once registration becomes permanent, no differentiation is made between newly registered firms and those previously registered.

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Selection of Tendering Firms

Purchase officers choose firms from the approved supplier list to participate in tenders.

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Cross-Railway Approval

Firms approved by one railway are considered for inclusion in the approved list of other railways.

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Limited Tender Enquiries

If inviting tenders from firms not on the approved list, approval from a higher authority (at least a Deputy Controller of Stores) is required.

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Minimum Number of Firms

Limited tender enquiries should involve at least three firms, and the last successful supplier should be included in future inquiries.

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What is the most important source of supply?

Purchasing stores from external suppliers is the primary way for Railways to get materials. This is the focus of this chapter.

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Preference order for purchases

Railways prioritize Indian-made goods, then goods partly made in India, then foreign goods in stock, and lastly, goods specifically imported.

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Quality requirement for Indian goods

Indian goods are considered acceptable if quality meets the basic standards, even if imported options are better.

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Why is Indian-made preferred?

Indian-made goods are prioritized to promote domestic industries and economic growth, as long as they meet railway standards.

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What is the open tender system?

This system involves publicly inviting tenders to get competitive bids from several firms. It's the standard practice for most procurements exceeding a certain value, unless specific exceptions apply.

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Who sets the open-tender system rules?

The Railway Board established the open tender system and sets the specific value thresholds for its implementation.

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Price Preference: Small Scale Industries

The Indian Railways prioritizes purchasing from small businesses, especially KVIC (Khadi and Village Industries Commission), Women's Development Corporations, and Small Scale Sector Units.

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Reserved Items for Small Businesses

A specific set of 409 items are designated for exclusive purchase from KVIC, Women's Development Corporations, and Small Scale Sector Units. This list can be revised by the Railway Board.

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Preference for Public Sector Undertakings

The Indian Railways gives preference to products made by Public Sector Undertakings (PSUs), which are companies where the government holds at least 51% of the shares.

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Payment Currency

Most purchases for Indian Railways are made in Indian Rupees, except for imported goods, which are paid in the currency of the country of origin or a widely used international currency.

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What is the purpose of the open tender system?

The open tender system ensures a fair and transparent procurement process by inviting all eligible firms to participate in supplying goods and services to the Indian Railways.

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When is a tender contract formed?

A tender contract is formed when the Railway accepts a tender and sends the acceptance letter by registered post or with a certificate of posting.

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What is the 'Freight Factor'?

When comparing suppliers, consider the 'Freight Factor' – calculate the total cost including freight (FOR – Freight on Rail – Destination) to find the cheapest option.

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Local Embassy

A diplomatic mission representing a foreign country within India. They act as a channel to reach international suppliers for tenders.

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Foreign Loan

A loan provided by a foreign entity to finance purchases, often with specific terms and conditions that must be considered when inviting tenders.

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Freight Factor

The cost of transporting goods by rail to the final destination, an essential factor in determining the true cost of a product.

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What are value thresholds for the OPEN tender system?

The open tender system is mandatory for procurements exceeding Rs. 10 lakh (except for safety items), Rs. 2 crore in emergencies, and Rs. 2 crore for safety items or items with approved vendors from central agencies like RDSO, PU, or CORE.

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Can a firm not on the approved contractor list participate?

Yes, firms not on the approved list are allowed to participate in tenders issued through public advertisement. They need to provide certain information along with their bids, such as income tax clearance, banker details, and performance records.

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What happens to an unknown firm after successful completion of the contract?

If a firm not previously on the approved list successfully executes a contract, their name gets added to the list of approved contractors for future tenders.

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When is the contract formed?

A tender contract is formed as soon as the Railway sends the acceptance letter by registered post or with a certificate of posting. This means that the Railway is bound by the contract as soon as they send the acceptance letter.

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Advance Payment - When?

Advance payment might be accepted for reputable firms after pre-despatch inspection and documentation.

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Import Inspection - Payment

Payment for imports against shipping documents happens in special cases AFTER consultations with financial officers AND obtaining a bank guarantee if pre-despatch isn't possible.

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Tender Invitation - Where?

Tenders are typically invited both in India and overseas, unless the order value is small or specific public interest issues arise.

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General Manager's Role - Tenders

The General Manager has the authority to approve inviting tenders from abroad, following Railway Board guidelines and indigenous clearance.

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Tender Documents - Availability

Sufficient tender documents, specifications, and drawings must be available for interested parties in overseas bidding.

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Open Tender System - What is it?

This system involves publicly inviting tenders to get competitive bids from several firms. It's the standard practice for most procurements exceeding a certain value, unless specific exceptions apply.

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Tender Value Thresholds - Open Tender

The open tender system is mandatory for procurements exceeding Rs. 10 lakh (except for safety items), Rs. 2 crore in emergencies, and Rs. 2 crore for safety items or items with approved vendors from central agencies.

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Price Preference - Small Businesses

Indian Railways prioritizes purchasing from small businesses, including KVIC (Khadi and Village Industries Commission), Women's Development Corporations, and Small Scale Sector Units.

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Study Notes

Purchase of Stores: Policy and Rules

  • Four sources of supply for railway materials: Purchases, railway workshops, returned stores, and transfer from other railways/departments
  • Purchases are the most important source, aligned with government policy encouraging Indian industries
  • Order of preference for purchases:
    • Firstly, articles produced in India from Indian raw materials.
    • Secondly, articles partially or wholly manufactured in India from imported materials.
    • Thirdly, articles of foreign manufacture held in stock in India.
    • Fourthly, articles manufactured abroad requiring import.
  • Quality: Quality must be sufficiently good for the purpose, and for category three, the condition is that the articles are of suitable type and requisite quality.
  • Articles from the first two categories should be accepted unless their quality is demonstrably substandard, even if imported articles are higher quality
  • Railway Board letter no. 95/RS(G)/768 dated 17.08.1995, and Ministry of Finance S.O.M no. F. 23 (2) –E.II(A)/92 dated 24.6.92, and Railway Board's Letter No. 95/RS(G)/768 dt 17.08.1995 are relevant documents.
  • Price preference for products of small scale industries:
    • Items reserved for exclusive purchase from KVIC/Women's Development Corporations/Small Scale Sectors Units (409 items currently )
    • Subject to revision by Railway Board
    • Guidelines by the Department of Supply, Government of India
    • Other items not so reserved

Currency of Payment

  • Payment for most Indian Railway purchases should be made in Indian rupees.
  • Imported items may be paid for in the currency of origin or a widely used international currency
  • Agency commissions (if any) should be paid in Indian rupees.

Payment

  • Full payment should be made after stores delivery, inspection, and satisfaction.
  • Advance payment may be permitted in specific cases with security and inspected shipment.

Publicity and Tenders

  • Tenders should be invited in India and abroad if needed for economic purchase.
  • The Indian Trades Journal is the primary medium for public advertisements in India. Other publications may be used at the discretion of the Purchasing Officer.
  • Embassies/Trade Commissioners in other countries can be utilized for additional publicity.
  • Tenders should be invited to accommodate enough time for submissions
  • Financial aid conditions should be considered if applicable (foreign loans)

Country of Manufacture

  • Tenderers should reveal the country of origin/manufacture of materials.

Evaluation of Offers/Payment in Foreign Currency

  • Offers involving foreign currency payments are converted to Indian rupees at the official rate for comparison..

Place of Delivery

  • Delivery terms should provide equal opportunities for competitive pricing
  • Import contracts should often be finalized on an F.O.B./F.A.S. basis (Free on Board/Free Alongside Ship).
  • Other bases (C.F.R. / C.I.F.) might be used if appropriate.

Price Preference for Early Delivery

  • Higher quotations for earlier delivery are prioritized
  • Contractors are liable for the difference between their contracted rate and that of the lowest acceptable tender, including associated costs, for any failure to meet early delivery dates..

Indian Agents for Tenderers Abroad

  • Tenderers should specify Indian agents (if applicable including extent of authority, commission payable, and currency)

Tendering Methods (Open, Limited, Single)

  • Open tenders are used for a general procurement approach and can be used if the estimated value exceeds Rs. 10 lakhs and/ or Rs 2 crores, for safety items, emergencies or if the vendors' list is issued by a centralized body.
  • Limited tenders are primarily used for items with an estimated value up to Rs. 10 Lakhs (or 2 Crores in certain regulated cases) and only certain qualified suppliers are allowed to bid
  • Single tenders are used for orders not exceeding either 3 Lakhs (non-proprietary) or 5 lakhs (proprietary) for specific circumstances.
  • Procedures must respect all rules for proper tendering

Classes of Tenders

  • By advertisement, by direct invitation, or by invitation to one designated firm
  • Tenders should be given very serious consideration, where applicable as a method to lower procurement prices

Additional Points

  • If there is poor response to tender invitations, new invitations should be issued.
  • Inspection of delivered items (whether manufactured in India or abroad) to ensure compliance with specifications is required.
  • If necessary, specialized institutions (such as RDSO, RI&TS, or DGS&D) can be utilized for inspection
  • Appropriate nomenclature should be used in invitations for tenders
  • If needed, contracts can be split between several firms to accommodate their capabilities

Tender Committee & Powers of Stores Officers

  • Each tender value range has specific relevant authority level for acceptance (e.g., JAG / SAG / PHOD/CHOD/AGM/GM) for approval.

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Description

Explore the essential policies and rules governing the purchase of railway materials. This quiz covers the sources of supply, order of preference for purchases, and quality standards set forth by the Railway Board. Test your knowledge on how Indian industries are prioritized in procurement processes.

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