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

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

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791<br />

the Agent depending on the size of the panels and locality where the<br />

Bus Queue Shelter is situated. The concerned department maintains a<br />

Register wherein record of the monthly guaranteed revenue, Additional<br />

Bus Queue Shelter allotted, Security Deposit, EMD and Municipal<br />

Licence fees paid is recorded. That record is checked by Audit staff.<br />

The monthly rental of the <strong>Undertaking</strong> is forwarded by the Agent<br />

within a stipulated period mentioned in the contract failing which<br />

penal interest on the amount due is charged at the fixed rate<br />

mentioned in the Terms and Conditions of Contract.<br />

An OB Memo is prepared by Sr. AOTE & C.E.C every month and the<br />

same is released on the strength of the monthly guaranteed revenue<br />

quoted by the Contractor.<br />

6.8.8.2 Advertisement on hoardings:<br />

Tenders are invited for sole agency to advertise on the hoardings at<br />

<strong>Undertaking</strong>’s premises, bus terminus, depots, etc. by the CEC. The<br />

most favourable offer is accepted with the sanction of the Competent<br />

Authority under Section 460 Q. Audit staff verify that payments for<br />

each month is received and OB Memo for the same are initiated. Audit<br />

staff also verifies the record mainatained by the department.<br />

6.8.8.3 Advertisement on Kiosks:<br />

The Street Lighting Department invites tenders for sole agency to<br />

advertise on kiosks on street lighting poles. Some of the street lighting<br />

poles are owned by the MMC. As such separate quotations in the same<br />

tender are invited for advertising on <strong>Undertaking</strong>’s poles and<br />

advertising on poles belonging to the M.M.C. As such separate<br />

quotations in the same tender are invited for advertising on<br />

<strong>Undertaking</strong>’s poles and advertising on poles belonging to the M.M.C.<br />

The tenderer quotes a guaranteed revenue per month subject to

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