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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>.ROs where panel of <strong>Co</strong>nsultants/ Architects does not exist they may utilize the panel ofLIC/PSU Banks and Insurance <strong>Co</strong>mpanies/ other PSU/ Government Departments for jobvalue upto Rs.50 lakhs. <strong>The</strong> concerned RO shall prepare a panel of their own based onreference from such offers as mentioned above and applications may be obtained fromsuch <strong>Co</strong>nsultants along with the documentary evidence in support of their eligibility andcredentials. On scrutiny of the applications received the concerned RO will finalise thepanel and get it approved from the RM/DGM. Such panel may be utilized for job value uptoRs.50 lakhs. Quotations may be obtained from such <strong>Co</strong>nsultants for any particular job orjobs and the lowest bidder may be awarded the job.Note: <strong>Co</strong>nsultants fees may not exceed 4% of the actual cost of job executed.HHHHH124 MANUAL ON ESTATE & ESTABLISHMENT

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