GOVERNMENT OF PUNJAB — The PESCO Act. 1978

GOVERNMENT OF PUNJAB DEPARTMENT OF DEFENCE SERVICES WELFARE (DEFENCE WELFARE BRANCH) Notification The 1't SePtember, 2015 No. 1413/2015-3DSW578654/1- In e namely :- (a) These Regulations may be called the Punjab (Gl Edii) (Fi t A dt)' Re Ex-Servicemen Corporation g (General and Expendituie) (First Amendment)' Regulations' 2015' (b) They shall come into force with effect from 01 September' 2015' 2.|nthePunjabEx.servicemenCorporation(Genera|andExpenditure)Regu|ations' 1992, the existing Regulation 4(1) shall be substituted as follows:- ,.Tenderstobeca||ed(1)Exceptinthecircumstancesmentionedinc|ause(2)ofthis f negutationl ;- artile of OeaO'siock, siationery I it m |() or stores involving total expenditure of more f h negutationl ; artile of OeaO siock, y than 10.000/- rupees In any one instance may be purchased by or on behalf of the Corporation unless :- a)(i)Quotationsthereforehavebeenca||edfromat|eastthreereputedfirms/ ttt""t|t i lil t tl expenditure up to Rs 50'000/- in any Quotationsthereforehavebeenca||edfromat|eastt suppliers o, tontt""to|.t involvinl total expenditure up threereputedfirms/ to Rs 50'000/- in any one instance; (iD The purchase is made by the spot purchase committee .constituted t" ti"iit th ti by the Managing Director for the tota ( p amongst tn" otric"ii-ot the corporation by the Managing_Director R 50000/ bt not exceeding Rs 2lac .constituted for the total amongst tn otric ii-ot the corporation by gg_ exoenditure exceeding Rs 50,000/- but not exceeding Rs 2lac in any one instance; (iii) Tenders therefore have been called through R 2 l i Inslance; Public Notice for the () exoenditure exceeding Rs 2 lac in any one Inslance; or Market survey should not be on line, it should