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  • FD 1 PCDL 2010 - 23sep2010

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    EXECUTIVE ENGINEER Ramanagara
    10 views2 pages
    The document summarizes revisions made to Karnataka's standard tender document. It allows fixed deposit receipts as a form of earnest money deposit, subject to conditions like the FDR maturity date being beyond the expected tender finalization date. A control mechanism is also required to track FDRs and ensure they don't mature before tender finalization. The order is issued by the Under Secretary to the Karnataka Government Finance Department (Procurement Cell).

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    FD 1 PCDL 2010_23SEP2010

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    The document summarizes revisions made to Karnataka's standard tender document. It allows fixed deposit receipts as a form of earnest money deposit, subject to conditions like the FDR maturity date being beyond the expected tender finalization date. A control mechanism is also required to track FDRs and ensure they don't mature before tender finalization. The order is issued by the Under Secretary to the Karnataka Government Finance Department (Procurement Cell).

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    10 views2 pages

    FD 1 PCDL 2010 - 23sep2010

    Uploaded by

    EXECUTIVE ENGINEER Ramanagara
    The document summarizes revisions made to Karnataka's standard tender document. It allows fixed deposit receipts as a form of earnest money deposit, subject to conditions like the FDR maturity date being beyond the expected tender finalization date. A control mechanism is also required to track FDRs and ensure they don't mature before tender finalization. The order is issued by the Under Secretary to the Karnataka Government Finance Department (Procurement Cell).

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    © All Rights Reserved
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    of 2

    PROCEEDINGS

    OFGOVERNMENTOFKARNATAKA
    -. Subject: Procuremgntof worlis- useof StandardTender
    Document-Revision R€g.

    Read : L G.O. No. FD 9 pCL 2004,dated:06.08.200i


    2. G.O. No- FD 4 pCL 2{D8,dared:14.10.2008

    PREAMBLE:

    In tlre Crov€rnmsntOrder.road I (2, abo\p,certainclausesof Standard


    Tender Documentwere modified to ease the Anculties expre*rea
    Uy eudic
    D€palqent in implementation of the Docutrcnt prescriblA viOe
    Yorks
    uoT-rrunentOrder read at (1.) above. The GoverrunentOrder dated 14.10.2008
    speoifiesthat-theEam6t Money D€posit may be io drefotm ofBankert
    Cfr"c""l
    rjenutrc Uraly pay Order/ cashor s@iiied SmallSavingIfftrument$ The
    Wilor
    l]:eartment (Minor lrrigatbn) h.s suggestedto includeFixed Deposrt
    IesoSTl
    Ke{elp(ful() as one of flre form of depositing EamestMoncy Deposit.
    The
    proposalis examinedandhencethe following Ord€r.

    U-ld*_
    . t" afucumstaflcesexy'ained in the preamble.in serial no. 08,
    coru'tl! uJ of ('overnmentOrder dated 11.10.2009 the iollowirg shall be and
    shallalwaysbergadafier the last word:
    ' or_FixedDeposit
    Recaipt (FDR) subjecrto following
    condilioa:
    (t Maturity date of FDRS ;ssu€d by the Bank
    shonld be beyond the expect€d date of
    ftHlisatioo of the tende,
    G) A conkol mechanismDhouldte adoptodbv tlle
    Tender lwitirg Aufrority by keepinga regisrer
    - for enteringthe seoudtynEarrity d4te3,amowrt
    fid tender valu€,-sta{rsof tgndff etc.to ensur,€
    tlu6 FDPs and other sdcurityimhum€f,tsdo nof
    ndqre before the expecteddate of fnalisation
    ef a t€nde{.'

    BY ORDERA|{-DIN TIiE NAME oF

    Ilrder S€cretaryto Govemrnenq


    g_.Fftutrc€Departmen(pmcuremeotC€ll)
    lat
    The Joint Db€ctor,KamatakaGazette, covemmeni press,R.V_ College posl M).sore
    Roa4 Kenge4 Bangalore-59to publish in nexf ExhaordinaryGazetteand to supply 500
    coDles.

    LODV tO:
    The Chief Secrebry/AdditionalChiof Secretariesto Gove.nment
    The PrincipalSecretariesandSearetariesto Go\,e.Iureot
    The Secretary to Hon,bleChief Ministel
    The AccouatantG€oeral.(A&E),Kamatak4 Bangalore
    The Secretary, Kamatakal-€gislativeAssemblyl Councit
    The Regirbar,KariatakaHigh Cowt, Bangalore
    I
    I ltSth a
    The Regirtrar,Karnataka I-okayukt4 Bangalore I Coveringlxtfer
    Th€ Soorcttry,Kanutakapublic Servic€ Commissiol!.Bansalore
    l
    All the DeputyCornmissioners
    A1l the CEO$of ZillaPanohayatr
    A[ the H€adsof D€partnents
    All tlle CEOSofBoardsarCCorporalioru
    All rhe IntemalFinanoialAdvisors
    AdditoqayJoint/D@uty/ Undcr Seqetaxies to co\,t..ad Special Otrcars,
    FinancoDeDartrnErrt

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