Railway Accounts Department Examinations

Wednesday, April 10, 2019

EMD AND SD IN STORES CONTRACTS


EMD AND SD IN STORES CONTRACTS

Authority : 1)2018/TRANS CELL/STORES PROCUREMENT dated 02.01.2019   Click here
                      2) 2004/RS(G)/779/11/pt dated 27.03.2019   Click here

EMD – Rates for Stores Contracts

Estimated value of Stores tender
EMD (rounded off to nearest higher Rs.10
Up to Rs. 5 Lacs
NIL
Above Rs. 5 Lacs to Rs. 20 Crores
2 % of estimated value of the Tender subject to maximum Rs. 20 Lacs
Above Rs. 20 Crores to Rs.100 Crores
1 % of estimated value of the Tender subject to maximum Rs. 50 Lacs
Above Rs.100 Crores
0.5 % of estimated value of the Tender subject to maximum Rs. 1 Crore

ü  Offers submitted without EMD shall be summarily rejected.

ü  Automatic online release of EMD of unsuccessful tenderers immediately after finalization of the Tender.  
EMD is exempted in the following cases
1.       Estimated value of Stores tender up to Rs.5 Lacs
2.       MSEs (Micro & Small Enterprises) registered for the Tender item.
3.       Other Railways and Govt departments
4.       Indian Ordinance factories
5.       Railway PSUs (Public Sector Undertakings) and PSUs for the group of items that are manufactured by them.

Exemption from EMD in Stores contracts

ü  Shall be decided prior to issue of Tender for Single Tender, PAC items etc

ü  Suitably incorporated in Tender conditions



ü  Requires personal approval & Finance concurrence as detailed below.
Required
Headquarters
Field units
(Divisions, Depots, construction etc)
Personal Approval
Authority competent to accept the Tender based on estimated value thereof, but not below the level of PCMM on case to case basis
Authority competent to accept the Tender based on estimated value thereof, but not below the concerned SAG level (ADRM, CWM, CAO etc) on case to case basis
Finance concurrence is
not required
required


SD – Security Deposit in Stores contracts

ü  10 % of the Contract value, subject to maximum of Rs.5 Crores.  Rounded off to nearest higher Rs. 10.  No ceiling for SD in Global Tenders for procurement of Stores.

ü  Shall remain valid for a period of 60 days beyond the date of completion of all contractual obligations.

ü  Deposit SD within 14 days of issue of LOA – Letter of Acceptance.

ü  No extension of time for submission of SD

ü  The EMD submitted by successful tenderer shall be automatically adjusted towards the SD.  The balance SD amount should be deposited within 14 days of the issue of LOA. 

ü  Otherwise (i.e., Balance SD not desosited), the EMD shall be forfeited and case be dealt with as that of withdrawal of offer by the Tenderer as per extant instructions.

ü  In case of failure by contractor to meet deliveries for any lot, Railways may cancel the contract for default part by forfeiting SD commensurate to that lot.

ü  Risk purchase clause shall not be applicable wherever SD clause is applicable.

ü  Wherever SD clause is not there, Risk purchase will be made as per extant guidelines.





SD is exempted in the following cases
1.       Estimated value of Stores tender up to Rs.1 Lac
2.       Other Railways and Govt departments
3.       Indian Ordinance factories
4.       Railway PSUs (Public Sector Undertakings) and PSUs for the group of items that are manufactured by them.

Exemption from SD in Stores contracts

ü  Shall be decided prior to issue of Tender for Single Tender, PAC items etc

ü  Suitably incorporated in Tender conditions

ü  Requires personal approval & Finance concurrence as detailed below.
Required
Headquarters
Field units (Divisions, Depots, construction etc)
Personal Approval of 
Authority competent to accept the Tender based on estimated value thereof, but not below the level of PCCM on case to case basis
Authority competent to accept the Tender based on estimated value thereof, but not below the concerned SAG level (ADRM, CWM, CAO etc) on case to case basis
Finance concurrence is
not required
required


LD – Liquidated damages for delayed supply
ü  0.5 % of the price of stores per week or part of the week of delay

ü  Upper limit – 10% of the value of contract (irrespective of delays)

&&&&

Wednesday, March 20, 2019

LDCE - MULTIPLE CHOICE QUESTIONS


Salient features of LDCE/70% Selection -  Objective type questions


70% Selection

·         Applicable to all Departments, except Accounts.  Separate instructions for similar pattern in Accounts Dept will follow.

·         100 % -MCQ -Multiple Choice Questions  - Selections -70% exam - 100 marks

·         100 marks consists of

1.       70 Marks - Technical subjects & Official Language

2.       30 Marks - Establishment and Financial Rules

·         Qualifying marks - 60

·         Non -safety categories - Best among failure scheme for SC/ST candidates - will continue

30% LDCE
·         Two stages

1.       Pre-qualifying exam

A.      Multiple choice questions -100 Marks (Technical subject -40 marks, General Knowledge & Official Language-30 Marks & Establishment & Financial Rules -30 marks)

B.      Qualifying Marks -75 (No of candidates should be restricted to 5 times the number of vacancies)

C.      For SC/ST candidates - Qualifying Marks  -45 ( 3/5th of the  qualifying marks 75) -Non Safety categories

D.      Negative Marks - 1/3rd of marks for wrong answer

2.       Main Examination

A.      One Descriptive paper

B.      Profession subject only

C.      Total Marks -100

D.      Qualifying Marks - 60

E.       For SC/ST candidates - Qualifying Marks  -36 ( 3/5th of the qualifying marks 60) -Non Safety categories
****




LDCE - MULTIPLE CHOICE QUESTIONS -OBJECTIVE TYPE

Railway Board letter 

Click here


Salient features of LDCE/70% Selection -  Objective type questions

70% Selection
·         Applicable to all Departments, except Accounts.  Separate instructions for similar pattern in Accounts Dept will follow.

·         100 % -MCQ -Multiple Choice Questions  - Selections -70% exam - 100 marks

·         100 marks consists of

1.       70 Marks - Technical subjects & Official Language

2.       30 Marks - Establishment and Financial Rules

·         Qualifying marks - 60

·         Non -safety categories - Best among failure scheme for SC/ST candidates - will continue

30% LDCE
·         Two stages

1.       Pre-qualifying exam

A.      Multiple choice questions -100 Marks (Technical subject -40 marks, General Knowledge & Official Language-30 Marks & Establishment & Financial Rules -30 marks)

B.      Qualifying Marks -75 (No of candidates should be restricted to 5 times the number of vacancies)

C.      For SC/ST candidates - Qualifying Marks  -45 ( 3/5th of the qualifying marks) -Non Safety categories

D.      Negative Marks - 1/3rd of marks for wrong answer

2.       Main Examination

A.      One Descriptive paper

B.      Profession subject only

C.      Total Marks -100

D.      Qualifying Marks - 60

E.       For SC/ST candidates - Qualifying Marks  -36 ( 3/5th of the qualifying marks) -Non Safety categories
****

 



Monday, March 18, 2019

EMD – Earnest Money Deposit (as per GCC for Works – Nov, 2018)


EMD – Earnest Money Deposit
(as per GCC for Works – Nov, 2018)

ü  Earnest means – Showing sincere interest/serious in participating the Tender process, if awarded executing the Work for Organizations like Indian Railways.

ü  EMD – Earnest Money Deposit – means an earnest payment as specific form of Deposit to demonstrate that the applicant is serious/sincere to participate the Tender work and complete the work for orgnisations like Indian Railways, if awarded.

ü  EMD Rates are as follows.

Value of the Work
EMD Amount ( Rounded to a nearest Rs.100)
Up to Rs.1 Crore
2 % of value of the work
Beyond Rs. 1 Crore
Rs. 2 lakhs + 0.5 % of the excess of the estimated
cost of work beyond Rs.1 Crore

ü  Maximum EMD is Rs. One Crore only.

Examples for calculation of EMD under different circumstances: -
=======================================================
1.       Value of Work  - Rs. 25,60,520

2 % of Rs.25,60,520  - Rs. 51,210

Answer is Rs. 51,200 /- (Rounded off to a nearest Rs.100)
                 =======================================================
2.       Value of Work  - Rs. 4,00,00,000 ( Rs. Four Crores)

First one Crore
Rs.2,00,000 (Rs. Two Lakhs)
One Crore to Four Crore ( 3 Crores)
Rs.3 Crores x 0.5 % = Rs. 1,50,000 (Rs.1.5 Lakhs)
For Value of Rs.4 Crores
Rs.2 Lakhs plus Rs.1.5 Lakhs = Rs.3.5 Lakhs

                 =======================================================
3.       Value of Work  - Rs. Two Hundred Crores

First one Crore
Rs.2,00,000 (Rs. Two Lakhs)
One Crore to Two Hundred Crore ( 199 Crores)
Rs.199 Crores x 0.5 % = Rs.99,50,000
For Value of Rs.200 Crores
Rs.2,00,000 plus Rs.99,50,000 = Rs.1,01,50,000.  However maximum EMD is Rs.1 Crore.  So EMD is Rs.1,00,00,000/- ( Not Rs.1,01,50,000)

                 =======================================================
ü  EMD is applicable to all modes of Tenders such as Open, Limited, Single etc.

ü  Exemption for Submission of EMD – Firms recognized as “STARTUPS” by DIPP (Dept of Industrial Policy & Promotion.

ü  EMD of Successful Tenderer – Retained as part of Security Deposit.  But Railway shall return the EMD, if a Successful Tenderer submit “Term Deposit Receipt (TDR) / Bank Guarantee Bond towards the Full Security Deposit.

ü  EMD shall be deposited in Cash (through E-Payment Gateway) or as mentioned in Tender documents.

ü  EMD of unsuccessful Tenderers – Returned to them. But Railway is not liable to pay the depreciated value, if any or any interest on EMD.

ü  Forfeit of EMD:

1.       If the successful tenderer unable to submit the PG – Performance Guarantee within validity of time, or
2.       If the successful Tenderer resile/abandon from his offer, Or
3.       Modify the terms and conditions there of in a manner not acceptable to the Railways.
&&&&&&


Friday, March 15, 2019

IRAS CADRE RESTRUCTURE




Click Railway Board Letter on
 IRAS cadre restructure

Railway Board Letter



IRAS CADRE RESTRUCTURE– Indian Railways

Grade/Desg.
Old
New
Plus/Minus
Remarks
APEX SCALE -FC
1
1
Nil

HAG+  - AM
2
4
+2
AM/Internal Audit (Previous in SAG scale - EDF) & AM/Revenue (Previous in HAG scale – PED/Finance or Adviser/Finance)
HAG – PHOD
30
40
+10
FA&CAO/CON post (SAG) will operate in HAG in some Railways
SAG – HOD
107
129
+22
Example: Dy.FA&CAO/Books & Budget –JAG will become FA&CAO/Books & Budget – SAG in South Central Railway
JAG
283
283
Nil

STS – Senior Time Scale
425
247
- 178

JTS – Junior Time Scale
118
118
Nil

Total
966
822
- 144
34 posts (2+10+22=34) are being upgraded.  63 posts proposed for surrender  and 81 posts for phasing out in next five years.  (63+81=144)