Railways has done away with the practice of publishing advertisements of work tenders in newspapers for procurement, according to an order of the railway board. The order issued today said that since the national transporter was e-tendering its works contracts there was no longer any need to issue the ads in newspapers. This measure was adopted to primarily cut out the massive expenditure incurred by the government on advertisements in papers and magazines, officials said.
“Now, GFR 2017 (general financial rules) have done away with the need for publishing advertisement in newspapers for procurement. “With the implementation of e-tendering in railway contracts through IREPS, board has decided to discontinue the requirement of newspaper advertisement of work tenders invited through e-procurement website (IREPS),” the order said. Read More
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