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Policy Circulars 2004 - yashada

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YASHADA POLICY CIRCULAR<br />

<strong>Policy</strong> Circular No:<br />

PC/2003-04/PUR/001<br />

Dated: 24 November 2003<br />

Empowered Authority:<br />

Director-General, YASHADA<br />

Subject:<br />

Setting up of an Internal Purchase Committee<br />

Circulated for Information to: Members, YASHADA Board of Governors<br />

Members, YASHADA Executive Committee<br />

YASHADA Desk, GAD, Govt. of Maharashtra<br />

Circulated for necessary All YASHADA Faculty, Officers and Staff<br />

compliance to:<br />

Background: In the internal meeting of HODs and departmental coordinators, held on the<br />

14th of November, 2003, a view was expressed that acquisition of vital equipment like<br />

computers, and audio-visual aids etc; as well as routine purchases like stationery and<br />

consumables, was often delayed because of the lack of an effective purchase system and<br />

mechanism. Therefore a joint decision was taken, to set up an internal YASHADA<br />

Purchase Committee, with representatives from all sections of YASHADA faculty and<br />

administration.<br />

Objective: The objectives behind setting up a YASHADA Purchase Committee are:<br />

• To standardize practices and procedures such as processing indents received.<br />

finalising contracts with suppliers, calling for quotations and issuing tenders;<br />

• To encourage a consensual approach, so that purchases (especially of<br />

infrastructure facilities like furniture etc) are in consonance with YASHADA's<br />

ambience and Master Plan.<br />

• To streamline the process of administrative and financial sanctions, so that a 'zero<br />

audit objection' state is achieved in YASHADA, and the suppliers too are paid<br />

promptly for goods and services provided.<br />

Constitution of the Purchase Committee: The internal YASHADA Purchase Committee<br />

(YPC) will, consist of the following:<br />

1. Registrar<br />

2. Accounts Officer<br />

3. Representative of Faculty<br />

4. Representative of Campus Committee<br />

5. Representative of Staff (Purchase desk)<br />

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