Administration Manual - B.E.S.T. Undertaking.

compensation on the maximum return is calculated &
considered as formula given below. i.e.
Monthly income = Monthly rent offered + 9% interest p.a.
on
Offered
Security Deposit
subject to minimum Security Deposit of Rs. 5,000/- and
minimum monthly compensation of Rs.500/- per month.
Besides this, the Earnest Money Deposit of Rs.300/- is
taken from the bidders, which is refundable. The
successful bidder has to deposit an amount equivalent to 6
months rent as a Rent Deposit in addition to the Security
Deposit offered by him and has to pay an amount of
Rs.200/- for stamp paper for executing undertaking and
Rs.500/- as administrative charges for this work to the
Undertaking.
: 39 :
…39/-
12) LIBRARY FACILITIES AT DEPOTS/WORKSHOPS :
The Undertaking has provided libraries in various bus
Depots/Workshops for the benefit of the employees of the
Undertaking. The provision of furniture items such as one
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