Amendment status not verified — confirm the current text below against the official source.
(1) Where a project is framed for the execution of any work or series of works the entire estimated cost of which exceeds fifty thousand rupees, (a) the Commissioner shall cause a detailed report to be prepared including such estimates and drawings as may be requisite and forward the same to the Standing Committee who shall submit the same before the Corporation with its suggestions, if any ; (b) the Corporation shall consider the report and the suggestions and jnay reject the project or may approve it either in its entirety or subject to modification. (2) (a) Where the Corporation approves the project and the entire estimated cost exceeds five lakhs of rupees the report, subject to any modifica tions as aforesaid, shall be submitted to the State Government. (b) The State Government may reject the pro ject or may sanction it either in its entirety or sub ject to modification. (c) The work shall not be commenced before the project has been sanctioned by the State Government with or without modification. (dl No material change in the project sanc tioned as aforesaid shall be carried into effect without the sanction of the State Government. Explanation:— In this section and in section 95, the expression “estimate” means the total estimate for the whole of the project including the whole of the series of transactions constituting the project. Certain pro- 97- (1) With respect to the making of con- visions rela- tracts under or for any purpose of this Act, the eutwB* 8X«f f o l l o w i n 5 provisions shall have effect, namely:— caatract*. (a ^ Every contract shall be made on behalf of the Corporation by the Commissioner. (b) No contract for any purpose, which in accordance with any provisions of this Act or any rules made thereunder the Commissioner may not carry out without the sanction of one or the other municipal authority, shall be made by him unless such sanction has been given. (c) No contract involving an expenditure exceeding ten thousand rupees shall be made by the Commissioner unless it has been sanctioned by the Standing Finance Committee. (d) No contract involving an expenditure exceeding fifty thousand rupees shall be made by the Commissioner unless it has been sanctioned by the Corporation. 81 T -, (2) The foregoing provisions of this section shall apply to every variation or discharge ol a contract as well as to an original contract. Manner of