Power of the City Corporation to enter into contracts

City Corporation may enter into any contract and perform any obligation specified under the contract for the purposes of carrying out into effect provisions of this Act.

1. (2) Subject to the rules made in this behalf, the following provisions shall apply with respect to the making of contract for any of the purposes of this Act, namely:-
   • (a) Every contract concerning the affairs of a particular zone shall be made on behalf of the City Corporation by the Commissioner for amounts not exceeding five crores;
   • (b) Every contract concerning the affairs of the entire City Corporation, pertaining to the affairs of a particular zone exceeding the amount five crores and pertaining to such affairs, which overlaps two or more zones, shall be made on behalf of the City Corporation by the Commissioner;
   • (c) Subject to delegation of power no contract shall be entered into by the Commissioner without the prior approval of the Government;
   • (d) No contract shall be entered by the City Corporation without following such procedure as may be prescribed and the provisions of the Karnataka Transparency in Public Procurements Act, 1999 (Karnataka Act 29 of 2000).
2. (3) The procedure prescribed under this section shall apply if the City Corporation chooses to amend the terms of the contract or vary the price of such contract.
3. (4) The City Corporation shall make available a common seal, which shall be affixed on every contract entered into by the Chief Commissioner, Greater Bengaluru Authority or the Commissioner on behalf of the City Corporation.
4. (5) No contract executed otherwise than as provided under this section shall be binding on the City Corporation.