Railway Accounts Department Examinations

Monday, February 26, 2024

Service Contracts - Acceptance Powers

 





Service Contracts - Acceptance Powers


  • Source: Railway Board Letter No.2023/F(X)II/PW/1 dated 27.12.2023 Click for the Letter 

  • Path: Finance Directorate > Content of Finance / Expenditure >  FX-II Letters

Service Contracts - Delegation of Powers of Acceptance

Monetary Values

 

(Each Service Tender)

Accepting Authority

Division controlled units

HQ controlled & Other Units

Up to Rs. 50 Lakhs

SG/JAG/SS(Independent charge)

Direct Acceptance of Tenders

Up to Rs. 4 Crore

SG/JAG

Above Rs. 4 Crore and up to Rs. 20 Crore

ADRM

SAG

Above Rs. 20 Crore and up to Rs. 100 Crore

DRM

PHOD/CHOD

Above Rs. 100 Crore and up to Rs. 500 Crore

PHOD/CHOD

PHOD/CHOD

Above Rs. 500 Crore

GM

 

Notes:

  • Recruitment Tenders - Chairman RRB can exercise the powers of CHOD (i.e., up to Rs. 500 Crores)


  • RRB Service Tenders accepted at Zonal Railways - Variations in quantities will be approved by Chairman/RRB, if the revised value of Agreement lies within their current tender acceptance powers. 

–End–


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