Approval of Competent Authority to Invite Tenders/Short term Tenders / Special Tenders/Quotations etc
The Indent is put up on the same or the next working day to the Branch Officer after being scrutinized by stores Purchase section in respect of the following points.
- After the indent has been checked, the approval of competent authority is obtained for inviting Tenders/Short Term Tenders/Quotations/ Short Term Quotations, etc
| Authority | Extent of power through open tender | Extent of power through quotations |
|---|---|---|
| Director | Full Powers | Rs. 50,000/- |
| Deputy Director | Rs. One lakh | Rs. 15,000/- |
| Assistant Director | Rs.. 50,000 | Rs. 4,000/- |