Prabhu initiates rail reforms, decentralises tender process ============================================== In a first major move to bring reforms in the Indian Railways, the concerned Union Minister Suresh Prabhu has decided that the ministry will no longer the decision-making body on the railway tenders and rather empowered the zonal railways to finalise them. The move is seen as a major initiative to bring transparency and speed up decision-making on tender process. Currently, railways is plagued by long delays in tendering-related decisions. According to the new directions, considered the first step towards internal reforms in railways fiscal administration, all cases for acceptance of works and stores tenders will now be dealt with and finalised by Zonal Railways and Production Units. Earlier, these were referred to the Railway Board. Full powers have been delegated to General Managers and Director Generals of production units as tender authority in this regard, said an official statement. The step is expected to put General Managers and heads of PSUs in the driver’s seat with regard to tendering process. According to the new guidelines, in respect of stores and works tenders which are to be invited solely by Railway Board, it has been decided that for tenders up to Rs 500 crore, Tender Committee will consist of concerned Executive Directors and will be accepted at the level of concerned Additional Members who will be the Tender Accepting Authority. For tenders valuing more than Rs 500 crore, Tender Committee will be at Additional Member level and Tender Accepting Authority will be the concerned Board Member.
Posted on: Fri, 02 Jan 2015 12:36:21 +0000
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