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

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

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<strong>The</strong> <strong>New</strong> <strong>India</strong> <strong>Assurance</strong> <strong>Co</strong>.<strong>Ltd</strong>.<strong>The</strong> condition of co-ordination means that the other contractors will execute their work inconsultation with the main civil contractor.<strong>The</strong> CM/Architect after holding detailed discussions, with all the contractors, must draw a jointaction plan for execution.Depending upon the cost of work, the tenders could be:(1) Single bid tenders i.e., only financial bids(2) Double bid tenders viz. technical bid and financial bidFurther, depending upon the cost of work, the Tender <strong>Co</strong>mmittee can also be Single Tender<strong>Co</strong>mmittee and Dual Tender <strong>Co</strong>mmittee.Normally, Tender <strong>Co</strong>mmittee Members should be drawn from:(1) User Department(2) Accounts / Representative from Internal Audit Department.(3) From any Department at the discretion of the Management.(4) From Estate / Establishment Department<strong>The</strong> <strong>Co</strong>mmittee should consist of at least 3 members inclusive of Accounts Department.Single Bid Tender System, other than for minor immovable property, major fixtures / fittings /furniture, technically oriented gadgets/equipments, specific unique works, for all works costingup to Rs.15 lacs can be adopted.For all other works, costing more than Rs.15 lacs, Double Bid System should be adopted.While the tenders are invited for major works, the indenting contractors must be advised to inspectthe site well in advance very carefully. If any permission is required for such inspection, it shouldbe granted.In Double Bid System, technical bid should be opened, studied, analyzed, if required inspectedand verified.<strong>The</strong> final bid from such selected bidders should then be opened for study, analysis and makingrecommendations.<strong>The</strong> Tender <strong>Co</strong>mmittee can make recommendations for acceptance of only the lowest tender foracquisition/purchase/construction, and of the highest tender for disposal of surplus.108 MANUAL ON ESTATE & ESTABLISHMENT

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