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

792
increase or decrease in the number of poles available for display
irrespective of the fact whether the poles are utilized for display or not.
Audit staff verifies that the guaranteed revenue is received every month
and an OB Memo for the same is initiated. If payment is not received
within a stipulated period, penal interest as per terms of contract is
charged.
The amount which we received in respect of poles belonging to the
Corporation is paid to them after adjusting the stipulated percentage of
the amount for our administrative expenses. This bill for the payment
is also checked by this section.
6.8.8.4 Advertisement on Bus tickets:
Sole Agency is appointed for advertisement on the reverse
of Bus Tickets, which are printed in the Undertaking’s Printing Press at
the approved rate per lakh of tickets. The Agent is required to deposit
the monthly rental in advance at the rate approved by Management.
OB Memos are initiated by the Supdt. Ticket Printing Pres and are
checked on the basis of records available.
6.8.9. Checking and certification of OB Memo.
Outward Bill Memos are prepared by the department carrying out
works or rendering services to outside parties. Each OB Memo bears a
distinctive abbreviation indicating the source department and is
serially numbered in a separate series for each department.
All OB Memos, when initiated, are sent to the OAOB of the Accounts
Department. A Bill Memo Register is maintained by the OAOB showing
the movement of the Memo from the moment it is registered till a bill is