Property_Manu - Final - The New India Assurance Co. Ltd.

The New India Assurance Co.Ltd.· Essential repairs to make Co. owned property fit for occupation and/or sitepreparation for installation of essential office equipment.· Sudden break-down of lift, generator, pump, bursting of water/ sanitary lines,major electrical fault, immediate fact lift/ house-keeping of office/ residentialbuilding/· Any sudden exigency subject to approval of CMD.In some of the above cases, the cost of the job may not always be possible to estimate priorto staring the work. Most of the above jobs are special in nature and require mobilization ofexpert manpower at short notice. There may be cases which require License/ expertise. Ifsituation so warrants Contractor/ Vendor/ Supplier who are not empanelled may be offeredto carry out the job. The bill for such job can be scrutinized on actual analysis of rates takinginto consideration, cost of materials, labor, incidentals, overhead and profits.iii.iv.For day to day requirement/ maintenance of individual job/ work/ purchase of value notexceeding Rs.25,000/- (Rupees Twenty Five thousand) per transaction for Head Office andRs.10,000/- for Regional Office/ Divisional Office, the department/ office may directlypurchase the same or get the job/work done by from any empanelled vendor preferably onrotational basis.In case of procurement of proprietary item where a particular firm is the sole manufacturerof the item to be purchased and if it is approved by the Competent Authority as per FSObased on the departmental note with necessary documents then quotation may be calleddirectly from the original equipment manufacturer (O.E.M.) or from minimum 3 distributors/dealers recognized by the manufacturer.HHHHHMANUAL ON ESTATE & ESTABLISHMENT105