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Administration Manual - B.E.S.T. Undertaking.

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1515<br />

7.2 Power for Sale/Auction of items<br />

7.2.1 460Q(a) : G.M. – Upto Rs.2,000/-<br />

7.2.2 Section<br />

460Q(c)<br />

7.2.3 Section<br />

460Q(d)<br />

8. Delegation of powers:<br />

: BEST Committee: Rs.2,000/- to Rs.1 lac<br />

: Corporation: Above Rs.1 lac.<br />

The purchase powers are delegated as under:<br />

Designation Purchase power<br />

Materials Management<br />

Officer<br />

Sr. Materials<br />

Management Officer<br />

: Upto Rs.10,000/-<br />

: Upto Rs.20,000/-<br />

Asst. Materials Manager : Upto Rs.40,000/-<br />

Dy. Materials Manager : Upto Rs.60,000/-<br />

Materials Manager : Upto Rs.1.5 lacs<br />

Dy. Chief Materials<br />

Manager<br />

: Upto Rs.2 lacs<br />

Chief Materials Manager : Upto Rs.3 lacs<br />

Asst. General Manager<br />

(Materials)<br />

: Upto Rs.5 lacs<br />

Addl. General Manager : Upto Rs.9 lacs<br />

General Manager : Upto Rs.10 lacs<br />

BEST Committee : Above Rs.10 lacs<br />

9. TENDER COMMITTEE MEETING (TCM)<br />

All items of which purchase value exceeds Rs.10 lacs, are<br />

discussed in the Tender Committee Meeting held once in a week for<br />

each Division. The Tender Committee consists of 4/5 members, as<br />

under:

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