Steps to bring Transparency in the Process of Tendering of Coal
Bharat Coking Coal Limited (BCCL) has taken several steps to bring transparency in the process of tendering of coal which include:
i) “e” tendering to finalize the contract in almost all the cases except for the procurement of spares.
ii) Around 90% of the tenders are covered through “Integrity Pact” monitored by Independent External Monitor (I.E.M.).
iii) Pre-bid meeting with prospective bidders is conducted for all the purchase cases where estimated value is Rs.5 crore & more.
iv) Payment to the vendors/ contractors is made through Real Time Gross Settlement (RTGS).
v) Disposal of scrap materials is also done by e-auction.
VI) 10% of coal production is being offered by e-Auction.
This information was given by the Minister of State of Coal, Shri Pratik Prakashbapu Patil in written reply to a question in Lok Sabha today.
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