Bare ActsThe ASSAM PREFERENTIAL STORES PURCHASE ACT, 1989

Section 3

Amendment status not verified — confirm the current text below against the official source.

Rejected items : Every effort will be made by the Cotp'oration officials to maintain a uniform · quality of the items before supply is made by the SSI Units even after that there must remain some substandard stores fixed with standard items. Such items may be rejected by the purchasing authority. The SSI Units will replace and remove such stores at their own cost. The purchasing authority will inform the Corporation about the acceptance or· rejection immediately after the stores are received. ' ' . Manufacta1 iog : The Corporation will provide the necessary raw-materials to a unit for execution of the order. One field officer will look after the proper utilisation of the materials in every step. An order can be cancelled and materiaJs withdr~wn from a unit with an imme- diately effective notice. This might be necessary to ensur:;, proper utilisation of the materials. ' Pricing : The following steps wiH be taken by the Corpmation to ensure a reaso~able and fair price of the items. (i). The entire . State will be divided into Zones and price of each item will be fixed Zonewise. This will help the purchaser to procure required stores from th.e nearest source at the most reasonable price. . (ii) Tenders. will be invited by the Corporation by advertisement in , three or four local news papers in three consecutive issues giving one month time to the SSI Units. Tender papers will be issued by the Corporation by realising th.e cost of . the ' papers from the intending tenderers. . , (iii) The rates . quoted will show the· break up of cost of each item; · .. (iv) A technical committee will be formed by the Corporation with its own personnel ·and representatives of the Directorate of Industries, Small Industries Service [nstitutcs, Bureau of Indian State Public Ana"lyst and any other agenci':s that th~ Corporation deem. I rHE ASSAM GAZE'ITE, EXTRAORDINARY, JULY 18, !989 973 (v) The Committee shall sit and examine the rate and fixed most reasonable at a certain date. (vi) As the market price 0f every item of raw-mate1ials, :abour, rent etc. are increasing every day. There ~h~JJ . be .·.a increase factor of ead item fixed by the Technical Committee• F= (A+ B + C ... • •. - .. ) p Column · F-Price increase factor. P_:..:Ptice fixed, original. A-Cost of raw-materials. B-Cost of labour. 0-Cost of. . ~ . . .......... etc. This procedure of a variable price will save the purchasers from loss due .to increase in cost with time· The technical committee cannot sit every month and spend enough time to fix new prices for the times. Thus enormous man-power, money and stationery will be . saved by the Government in purchasing the stores. REGISTRATION OF UNITS;

Section 3 – The ASSAM PREFERENTIAL STORES PURCHASE ACT, 1989 | DailyLaw.ai