ESTABLISHMENT AND CONTRACT Flashcards
Tenders received after the specified time of opening are called as
Late Tenders
The minimum notice period for inviting Limited / Special Limited Tenders
14 days
The check exercised by the railway accounts office on financial transactions is called
Internal Check
Form is used for Major Penalty
SF 5
Encashment of LAP up to days shall not exceed in an entire career
60 DAYS
A work carried out with Non-Railway Funds
Deposit work
Percentage of contingencies to be provided in all detailed estimates
3%
Tender committee and Accepting authority for single tenders should be
One step above normal tenders
The full form of RRSK is
Rashtriya Rail Sanrakshakosh
Accounting heads operated temporarily for specific purposes before booking to final heads
are called
Suspense heads
IPAS is
Integrated Payroll and Accounting System
Two packet system of tendering means
Submitting the tender
documents separately for technical and financial bids
Two packet system of tendering means
Submitting the tender
documents separately for technical and financial bids
Permission granted for limited use of railway land is called
Wayleave facility
Permission granted for limited use of railway land is called
Wayleave facility
Administrative approval of competent authority for incurring expenditure is accorded at this
stage
Abstract Estimate