financial propriety & role of gfr.pptx prob 2013.pptx
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7/18/2019 FINANCIAL PROPRIETY & ROLE OF GFR.pptx prob 2013.pptx
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FINANCIALPROPRIETY & ROLEOF GFR
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STANDARDS OF FINANCIAAL
PROPRIETY EVERY OFFICER IS EXPECTED TO EXERCISE THE SAME VIGILANCE IN RESPECT OFEXPENDITURE INCURRED FROM THE PUBLICMONEY AS A PERSON OF ORDINARYPRUDENCE WOULD EXERCISE IN RESPECT OFEXPENDITURE OF HIS OWN MONEY.
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STANDARDS OF FINANCIAAL
PROPRIETY THE EXPENDITURE SHALL NOTBE PRIMA FACIE MORE THAN THE
OCCASION DEMANDS
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STANDARDS OF FINANCIAAL
PROPRIETY NO AUTHORITY SHOULD EXERCISE ITS POWER
OF SANCTIONING EXPENDITURE TO PASS ANORDER WHICH WILL BE DIRECTLY ORINDIRECTLY TO ITS OWN ADVANTAGE
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STANDARDS OF FINANCIAAL
PROPRIETY EXPENDITURE FROM PUBLIC MONEYS SHOULD
OT BE INCURRED FOR THE BENEFIT OF APARTIULAR PERSON OR A SECTION OF THE
PEOPLE UNLESSA) A claim f! "#$ am%&" c%l'($ $&f!c$' i& a c%!" f la !
B) T#$ $*+$&'i"%!$ i, i&+%!,%a&c$ f a !$c-&i$' +lic/! c%,"m
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STANDARDS OF FINANCIAAL
PROPRIETY THE AMOUNT OF ALLOWANCES GRANTED TO
MEET EXPENDITURE OF A PARTICULAR TYPESHOULD BE SO REGULATED THAT THEALLOWANCES ARE NOT ON THE WHOLE ASOURCE OF PROFIT TO THE RECIPIENT
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GUIDELINES FOR PURCHASE OFGOODS
AVOID SMALL QUANTITY WHERE LARGEQUANTITY IS REQUIRED & LARGE QUANTITYWHEN SMALL QUANTITY REQUIRED.
NOT TO PURCHASE MUCH IN ADVANCE IF IT
IS LIKELY TO BE UNECONOMICAL.ENSURE PRICE OS REASONABLE &
CONSISTENT.DON’T SPLIT THE SANCTION TO AVOID
APPROACH TO HIGHER AUTHORITY.MATERIALS PURCHASED WHEN RECEIVEDSHALL BE EXAMINED, COUNTED, MEASUREDOR WEIGHED AS THE CASE MAY BE .
STOCK ENTRY WHEN RECEIVED & ISSUED
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GUIDELINES FOR PURCHASE OFGOODS
EFFICIENCY, ECONOMY & TRANSPARANCYSPECIFICATION IN TERMS OF
QUALITY,TYPE, QUANTITY ETC. SHOULDBE SPELT CLEARLY
PROCURING AUTHORITY SATISFY THESELECTED OFFER MEETS THEIRREQQUIREMENT & THE PRICE ISREASONABLE
THE PROCURMENT AUTHORITY MUSTRECORD THE CONSIDERATIONS WHICHWEIGHED WITH IT WHILE TAKING THEPROCUREMENT DECISION.
(RULE 1! GFR"
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POWER FOR PROCUREMENT OFGOODS (GFR 1#$"
Mi&i,"!/0D$+a!"m$&" #a, f%ll +$!,.
If "#$/ lac1 !$2%i,i"$ $*+$!"i,$3 "#$/ ma/a++!ac# DGS4D
RATE CONTRACT 5GFR 676)DGS4D c&cl%'$, Ra"$ C&"!ac", i"# "#$
8R$-i,"$!$' S%++li$!,9 f! cmm& %,$!i"$m,. All '$"ail, a!$ #,"$' & i", $(,i"$
.'-,&'.-:.i&
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PURCHASE OF GOODS WITHOUT
QUOTATION (GFR 145)1. NO QUATATION%TENDER FORPURCHASE VALUE UPTO RS.1,$$$%' ON EACH OCCASION
. (F)**)+- /023/420 2) 50 0/)60657 C)89020-2 A:2;)27"
. 8I;;;;;.3 am +$!,&all/ ,a"i,<$' "#a""#$,$ -', +%!c#a,$' a!$ f "#$!$2%i,i"$ 2%ali"/ a&' ,+$ci<ca"i& a&'#a:$ ($$& +%!c#a,$' f!m a !$lia(l$,%++li$! a" a !$a,&a(l$ +!ic$9
. Cm+$"$&"A%"#!i"/
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PURCHASE OF GOODS BYPURCHASE COMMITTEE (GFR 1#<"
ONLY QUATATIONS NOT TENDERS FOR THEPURCHASE VALUE BETWEEN RS. 1$$1 TORS..1,$$,$$$%'
(F)**)+- /023/420 2) 50 0/)606"
=C02306 2;42 +0>>>..,80850? )@2;0 9:/;4?0 /)882200 40 )-2*74-6 -66:4**7 ?42?306 2;42 2;0))6? 0/)880-606 @) 9:/;4?0 40)@ 2;0 0:?20 ?90/3/42)- 4-6:4*27 9/06 42 2;0 904*-8402 420 4-6 2;0 ?:99*00/)880-606 ? 0*45*0 4-6/)89020-2 2) ?:99*7 2;0 ))6? -
:0?2)-
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PURCHASE COMMITTE THREE MEMBERS OF APPROPRIATE
LEAVELS AS DECIDED BG THE HEAD OFDEPARTMENT
COMMITTEE WILL SURVEY THE MAR=ETASCERTAIN THE REASONABLENESS OF
RATE3 >UALITY AND SPECIFICATIONS
IDENTIFY APPROPRIATE SUPPLIERBEFORE RECOMMENDING PURCHASE
RECORD CERTIFICATE
5R%l$ 67?)
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UNDER RATE CONTRACT (GFR1#!(1""
Ra"$ C&"!ac"$' G', ca& ($ +!c%!$''i!$c"l/ f!m "#$ ,%++li$!, +!:i'$' +!ic$ 4"#$! "$!m, 5Ta*$,3 a!!a&"/3 +lac$ f'$li:$!/ $"c.) a!$ ,am$.
T#$ Mi&i,"!/0D$+a!"m$&" m%," ma1$ i",
& a!!a&-$m$&" f! i&,+$c"i&3 "$,"i&- f-',.R$-i,"!a"i& f S%++li$!, 5GFR 67@)S%++li$!, !$-i,"$!$' i"# DGS4D a!$ li,"$'
& $(,i"$. HOD ca& !$-i,"$! ,%++li$!, f!,+$ci<c ,%++li$, !$2%i!$' (/ "#$D$+a!"m$&".
S%++li$!, a!$ " ($ !$-i,"$!$' f! <*$'+$!i' af"$! :$!if/i&- c!$'$&"ial, a&' "#$i!
+$!f!ma&c$ ,#%l' ($ !$:i$$'
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PURCHASE OF GOODS BY ADVERTISED TENDERENQUIRY. VALUE LAKHS (GFR 1$"
A':$!"i,$' i& I&'ia& T!a'$ %!&al 5+%(li,#$'(/ DG f Cmm$!cial I&"$lli-$&c$ 4 S"a"i,"ic,3=l1a""a) 4 a" l$a," &$ Na"i&al Dail/. S+$cif/$(,i"$ a''!$,,.
A':$!"i,$ & $(,i"$ f !-a&i,a"i& 4 +!:i'$li&1 " NIC W$(,i"$ 5#""+00"$&'$!,.-:.i&).P!:i'$ (i''i&- 'c%m$&" i& 'a&la'a(l$f!m i"# +!:i,i& " +a/ (i' +!ic$ al&- i"#(i' (/ D.D. $"c.
Mi&im%m +$!i' $$1, f! Na"i&al a&' 7$$1, f! I&"$!&a"i&al Bi', 5c+/ f NIT " ($+!:i'$' " I&'ia& Em(a,,i$, a(!a' 4 f!$i-&mi,,i&, i& I&'ia.
C S O GOO S O G
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PURCHASE OF GOODS THROUGHLIMITED TENDER ENQUIRY. (GFR11"
5A) TENDER VALUR 6 LA=HS @ LA=HS.Bi''i&- 'c%m$&", ,#%l' ($ ,$&" 'i!$c"l/ " "#$
8R$-i,"$!$' S%++li$!,9. T$&'$!, ,#%l' ($ +%(li,#$' & "#$ W$(.
Mi&im%m &. f ,%++li$!, !$2%i!$' i, 7.5B) TENDER VALUE @ LA=HS.Cm+$"$&" a%"#!i"/ c$!"i<$, "#a" '$ma&' i,
%!-$&" 4 a''i"i&al c," i&:l:$' i, %,"i<$' i&:i$ f %!-$&"/.
R$a,&, " ($ !$c!'$' " i&'ica"$ +%!c#a,$"#!%-# A':$!"i,$' T$&'$! %l' NOT ($ i& P%(licI&"$!$,".
S%!c$ f ,%++l/ i, '$<&i"$l/ 1&&.5C) S%ci$&" "im$ ,#%l' ($ all$' f!
,%(mi,,i& f (i',.
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PURCHASE THROUGH KB%NCCFAMENDMENT TO RULS 1#,1#<,1#!(1" &11"
A) R%l$ 673 67? P%!c#a,$, %+" 6 la1#.N 2%"a"i& i, !$2%i!$'.C$!"i<ca"$ %&'$! GFR 673 67? !$2%i!$'.
R$,+&,i(ili"/ f !$a,&a(l$&$,, ! !a"$32%ali"/3 ,+$ci<ca"i& $"c ill ($ $2%all/,#a!$' (/ +%!c#a,$! 4 =B0NCCF.
B) R%l$ 66 P%!c#a,$, 6 la1# @ la1#,=B0NCCF ,#%l' al, ($ i&:i"$' a, (i''$!.If +!ic$ 2%"$' (/ =B i, i"#i& 6J f L6
+!ic$3S%++l/ O!'$! ca& ($ +lac$' i"# =B a" L6
+!ic$.
TWO BID SYSTEM (GFR
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TWO BID SYSTEM (GFR1" T +%!c#a,$ #i-# :al%$3 cm+l$* +la&" 4
mac#i&$!/3 B%il'i&-,3 B!i'-$, $"c.
T$c#&ical Bi' 4 Fi&a&cial Bi' 1$+" i&
,$+a!a"$ ,$al$' c:$!. T$c#&ical Bi' i, $:al%a"$' (/ $*+$!"
cmmi""$$. If i" i, acc$+"a(l$ "#$&Fi&a&cial Bi' i, +$&$'.
LATE BIDS Bi', !$c$i:$' af"$! $*+i!/ f'a"$ 4 "im$ f ,%(mi,,i& ,#%l' &" ($c&,i'$!$'. 5GFR 6)
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SINGLE TENDER ENQUIRY (GFR 1#"
6) If &l/ +a!"ic%la! <!m ma&%fac"%!$, "#$!$2%i!$' -',.
@) I& ca,$ f $m$!-$&c/.
) Cm+a"i(ili"/ f mac#i&$!/3 ,+a!$, i"#$*i,"i&- $2%i+m$&".
PROPRIATARY ARTICLE CERTIFICATE " ($+!:i'$' f! +%!c#a,$ %&'$! 6 a&' a(:$.
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PURCHASE THROUGH KB%NCCFAMENDMENT TO RULS 1#,1#<,1#!(1" &11"
R%l$ 67K56) S%++l/ !'$!, %+" R,. @la1#, ca& ($ +lac$' i"# =B3 +!:i'$' "#$/f%l<ll all c&'i"i&, a, +$! DGS4D Ra"$
C&"!ac".Am$&'m$&" i, a++lica(l$ f!m 'a"$ f
i,,%$ i.$. "# %l/ @K "ill 6," Ma!c# @6.
O"#$! M%l"i S"a"$ C+$!a"i:$ Sci$"i$,
5!$-i,"$!$' +!i! " i,,%$ f "#i, O.M)3#$!$ ma!i"/ ,#a!$, a!$ #$l' (/ C$&"!alG:". ca& al, a:ail a(:$ ($&$<",.
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T.C.F.A. IN PROCUREMENT (GFR
1<$"
TRANSPARANCYCOMPETETION
FAIRNESS
ARBITRARINESS ELEIMINATION
BUT HOW ?
1. BIDDING DOCUMENT –SELF CONTAINED & COMPREHENSIVE
2. BIDDERS REQUIREMENT OF PAST PERFORMANCE, TECHNICAL
CAPABILITY, MANUFACTURING FACILITIES
3. DATE, TIME AND PLACE FOR SENDING BIDS
. TERMS OF DELIVERY
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T.C.F.A. IN PROCUREMENT (GFR
1<$"
Bi''$! ca& 2%$,"i& (i''i&- c&'i"i&,3+!c$,, 4 !$$c"i& f #i, (i'.
P!:i,i& f A!(i"!a"i& Cla%,$ i& C&"!ac".
C&"!ac" " ($ i&"$!+!$"$' %&'$! I&'ia&La,.
R$a,&a(l$ "im$ f! ,%(mi,,i& f (i'.Bi''$!, all$' " !$mai& +!$,$&" #il$(i', a!$ +$&$'.
S+$ci<ca"i& ,#%l' cl$a!3 ,"a&'a!' a&'(!a' (a,$' " a""!ac" m!$ (i''$!,.
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T.C.F.A. IN PROCUREMENT (GFR
1<$"
P!$(i' c&f$!$&c$ I& ca,$ f "%!&1$/ +!$c" !+!c%!$m$&" f ,+#i,"ica"$'3 c,"l/ $2%i+m$&".
N c#a&-$ i& "$!m,0c&'i"i&, f (i' %+& #ic#$:al%a"i& f (i' '$+$&',.
Bi''$!, &" " m'if/ (i', af"$! $*+i!/ f '$a'li&$f! !$c$i+" f (i',.
N$-"ia"i& i"# (i''$!, &" all$' 5$*c$+" i&Ra"$ C&"!ac" <&ali,a"i& (/ DGS4D). I&$*c$+"i&al ca,$, +$!mi""$' &l/ i"# l$,"(i''$!.
C&"!ac" " ($ aa!'$' " l$," (i''$!. If #$ca&&" ,%++l/ f%ll 2%a&"i"/3 &$*" #i-#$," (i''$! "($ a,1$' " ,%++l/ a" L6 !a"$,.
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BID SECURITY TO AVOID WITHDRAWNING OR ALTERING ITS BID
DURING THE BID VALIDITY PERIOD BIDSECURITY(EARNEST MONEY" WILL BE OBTAINEDSUBMIT ALONGWITH BIDAMOUNT TO OF ESTIMATED VALUEFORM BANK GUARANTEE,DD,FD BANKER’S
,CHEQUE ETCB%S VALID UPTO # DAYS BEYOND THE FINAL BID
VALIDITY PERIODB%S OF UNSUCCESSFUL BIDDERS SHOULD BE
RETURNED WITHIN $ DAYS FROM THE DATE OFFINAL AWARD OF CONTRACT
EXEMPTION FIRMS REGISTERED WITHDGS&D%NSIC
(R:*0 1!"
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PERFORMANCE SECURITY OBTAINED FROM THE SUCCESSFUL
CONTRACTORTO ENSURE PERFORMANCE OF
CONTRACTNO EXEMPTION'SHOULD BE COLLECECTED
FROM ALL
AMOUNT TO 1$FORMAT DD%BG%A%C PAYEE CHEEQUE
VALID FOR BEYOND <$ DAYS AFTER THE COMPLETION OF WORK & CONTRACTUAL
WORK BID SECURITY REFUNDED TO THE
SUCCESSFUL BIDER ON RECEIPT OF PERFORMANCE
SECURITY (R:*0 1J"
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ADVANCE PAYAMENT
ORDINARILY3 PAYMENT SHOULD BE MADE ONLY AFTER SUPPLY IS MADE EXEMPTION 6. ANNUAL CONTRACTS FOR SERVICING 4 MAINTENANCE OF AC. WATER
COOLER3 TYPEWRITER3 COMPUTER ETC BUT AMOUNT LIMITED TO SIXMONTHS. @. ADVANCE PAYMENTS DEMANDED BY THE FIRM FOR SUUPLY OF
STORES AGAINST TURN=EY 4 FABRICATION CONTRACTS CONDITIONS A) ADVANCE PAYMENT SHOULD BE MADE ONLY WHERE ABSOLUTELY
NECESSARYB) VALID EXPENDITURE SANCTION FROM COMPETENT AUTHORITY FOR
ADVANCE PAYMENTC) ADVANCE PAYMENT SHOULD BE LIMITED TO J TO PRIVATE PARTIES 4
7J TO PSU 4 GOVT. AGENCY.D) MAINTENANCE CONTRACT AMOUNT PAYABLE FOR SIX MONTHSE) THE CEILING CAN BE RELAXED WITH CONSENT OF I.F.A.
5RULE 656) OF G.F.R.)PART PAYMENTIF TERMS OF DELIVERY IN THE CONTRACT PROVIDE FOR
5RULE 65@) OF G.F.R.)
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BUY BAC= 5GFR 6?@)
If i"# "#$ a++!a:al fCm+$"$&" A%"#!i"/ 5f! 'i,+,al l' i"$m,) i" i, '$ci'$' "
"!a'$ l' i"$m, #il$+%!c#a,i&- a &$ &$3 a cla%,$" "#i, $$c" ,#%l' ($ i&cl%'$'
i& "#$ (i'.H$:$! a& +"i& &" " (%/(ac1 "#$ l' i"$m m%," ($
+!:i'$' i& "#$ (i'.
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THANK U
&
WISH U A HAPPY LEARNING