section 60
Purchase Committee
Laxminarayan Innovation Technological (LIT) University, Nagpur Act, 2023Education202388 sections12 chapters
Chapter VIII COUNCILS AND COMMITTEES
Statutory text
- (1) There shall be a Purchase Committee for dealing with all matters pertaining to all purchases of the University, in respect of such items where individual cost of each item exceeds rupees ten lakh at a time.
- (2) The Purchase Committee shall consist of the following members, namely:—
- (a) Vice-Chancellor as the Chairperson;
- (b) Chancellor’s nominee from the Board of Governance;
- (c) one Dean of School and one Head of University Departments nominated by the Vice-Chancellor;
- (d) one expert, nominated by the Vice-Chancellor preferably in the area of Materials Management from the Industry or Institute of Chemical Technology (ICT), Mumbai;
- (e) Registrar ;
- (f) Finance and Accounts Officer as the Member-Secretary.
- (3) During the absence of the Finance and Accounts Officer, the Registrar shall act as the Secretary of the Purchase Committee.
- (4) The Purchase Committee shall invite the Head of the Department or Head of the Center for which the purchases are to be made.
- (5) All members of the committee, other than ex-officio members shall hold office for a term of three years and shall not be eligible for a second consecutive term in the University.
- (6) All matters pertaining to all purchases of the University in respect of such items where individual cost of each item is not more than rupees ten lakh at a time, shall be as prescribed by the Statutes.
- (7) The powers and duties of the Purchase Committee and the procedure for its meetings shall be as prescribed by the Statutes.
- (8) If any vacancy occurs in the office of a member, the same shall be filled within one month by the Chancellor or Vice-Chancellor, as the case may be.
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