Amendment status not verified — confirm the current text below against the official source.
ii) Appointing Authority - MD shall be the Appointing Authority. 2 • iii) Bank Means a scheduled nationalized bank in which the funds of the IDA may be kept in Savings/ fixed deposit account. iv) Chairperson means the Chairperson of the IDA. v) Controlling authority in relation to all the posts in category A, Band C shall be the Managing Director. vi) Emoluments means the emoluments as provided in schedule and as admissible on the relevant dates and may include allowances as specified in the Regulations. vii) Employee means any person serving the IDA on any post with regular emoluments, it includes those on deputation and also on contract basis. viii) Employee on Deputation means an employee of any other department /agencies/authority or non government organization or a Society whose services are obtained by the IDA on deputation. ix) Government means Government of Bihar x) Inhouse Consultants are the Consultants as indicated in Regulation 15 of the Technical Regulations of the IDA xi) Managing Director means Managing Director of the IDA xii) Nodal Agency for the PPP means an Agency declared to be Nodal Agency for all PPP Projects. xiii) PPP means Public Private Partnership Project based on a contract or a concession agreement, between a government or a statutory entity on the one side and a private sector company on the other side, for delivering an infrastructure service on payment of user charges. xiv) Private Sector Company means a company in which 51% or more of the subscribed and paid up equity is owned and controlled by a private entity. xv) Regulations mean Regulations of the IDA and as modified from time to time in accordance with the procedure laid in this regard. xvi) Selection Committee in respect of post means committee of that name indicated in the Regulations. 1.4 Committees The following shall be the Committees under the Regulations:- 3 • 1.4.1Project Appraisal Committee (PAC) formed with the approval of the IDA, and shall comprise of (i.) Managing Director, IDA (ii.) Director (Adm), Director(PI) and Director(Finance) (iii.) Chief Engineer, Technical Vigilance, Cab Sectt or his representative (iv.) Director (Technical), Deptt ofIndustries or his representative. (v.) Additional/Joint Secretary, Finance Department, Govt. of Bihar (vi.) Chairman, Bihar Pollution Control Board or his representative (vii.) Consultant(s) of the IDA - to be nominated by the MD. (viii.) Head, cn, Patna or his representative (ix.) One Representative each from BIA and FICCL (x.) Secretary of the Deptt (whose project is under consideration) or his representative. 1.4.2(a) The Project Appraisal Committee (PAC) shall consider the projects and other expenditure proposals as appearing in Sec.4.1 1.4.2(b) All proposals will be submitted to the concerned authority having delegated powers provided for final approval. In case the designated authority does not agree with the recommendations of the PAC, she/he shall record the reasons for such disagreement. 1.4.3 Selection Committee formed for the purposes of recruitment and selection for the Category A ,B and C posts in IDA and shall comprise of (i) Managing Director - Chairman (li) Incharge Administration ,IDA (iii) A representative of SC/ST from the Department of Personnel and Administrative Reforms, Govt of Bihar. (iv) In house Consultant(s) of the IDA - to be nominated by MD. The Selection Committee shall select all categories of employees. However, for category A, it shall also seek the approval of the IDA. 1.4.4 Internal Purchase Committee - MD shall constitute this committee. It shall clear proposals from Rs 1 lakh to Rs 10 Lakhs. 1.4.5 Technical Committee - shall comprise of the following-