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as mode of security deposit The Chief Commercial Manager (FM), All Indian Railways.

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Freight Marketing Circular No. 14 Of 2017

भारत सरकार GOVERNMENT OF INDIA रेल मंत्रालय ~MINISTRY OF RAILWAYS ( रेलवे बोर्ड RAILWAY BOARD )

No. 2015/TC(FM)/10/06

The General Managers,

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FSS

Central Railway. Mumbai Rastern Railway, Kolkata East Central Railway, Hajipur

East Coast Railway. Bhubaneswar

Northern Ratlway, New Delhi

North Central Railway. Allahabad North Eastern Railway, Gorakhpur Northeast Frontier Railway, Maligaon

09.

10.

|.

12

New Delhi, Dated 16.10.2017

North Western Railway, Jaipur Southern Railway, Chennai South Central Railway. Secunderabad

. South Eastern Railway, Kolkata

13.

14.

1 5,

16.

South Fast Central Railway, Bilaspur South Western Railway, Hubli Western Railway. Mumbai

West Central Railway. Jabalpur

(Amendment No. 7 to Modified Comprehensive Parcel Leasing Policy)

Sub :

as mode of security deposit.

Ref :

Modified ‘Comprehensive Parcel Leasing Policy’. - Inclusion of Bank Guarantee

(i) Freight Marketing Circular No. 06 of 2014 under Board’s letter No.

2013/1TC(FM)/10/02 dated 15.04.2014; and

(ii) Freight Marketing Circular No. 05 of 2016 Lt. No.

dated 15.06.2016.

2015/1'C(FM)/10/06

Attention is invited to Board’s above referred circulars. The ‘security deposit/performance guarantee’ as specified for different type of parcei leasing contracts in Para 6.1 of CPLP under FM Circular No. 06 of 2014. was further modified’amended vide FM Circular No. 05 of 2016.

This issue has been reviewed in Board and it has been decided to amend Para 6.1 of Freight Marketing Circular No. 5 of 2016 as under :

6.0 ‘Security Deposit/ Performance Guarantee*

6.1 Security Deposit/ Performance Guarantee specified for operating different types of parcel leasing contracts is given below:

E Space to | Security Deposit Performance | Minimum /Mode of be leased ars Guarantee Amount ! Security _ . — | Deposit J One Amount equivalent to 10 % of | Rs 1 Lakh Bank Compartment of | annual contractual value as per | Guarantee Brakevan (SI.R) | fump sum Icased freight (accepted or rates) of the leased parcel space FDR 2 Parcel Van(VP) | Amount equivalent to 10 % of | Rs 4 Lakh or annua! contractual value as per DD Jump sum leased freight (accepted In favour ;

rates) of the leased parcel space of _— . __t FA&CAO |

6.1.1 The above security deposit shall be remitted by the successful bidder within 15 days

from the date of issue of LOA.

This should be in the standard tormat in line with all

instructions for maintenance. renewal and encashment issued by Accounts Department

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from time to time. the Security Deposit should be updated. checked and vetted by Accounts and Commercial Departments without tail.

6.1.2 Railway Administration will not pay any interest on Security Deposit/ Performance Guarantee.

3. These instructions shall come into force with immediate effect and will be applicable for fresh tenders where Notice Inviting Tender (NIT) is vet to be issued. In cases, where NIT has been issued then corrigendum may be issued bringing out above corrections. These instructions however, shall not be applicable to the cases where tender has since been opened or contract finalized.

4. This issues with the concurrence of Finance Directorate of Ministry of Railway.

Ar

Please acknowledge receipt.

tel] ly (S.M. Andaleeb Razi)

Director Freight Marketing Copy forwarded for information to:

|. DAT (Railways) with 36 spares

2. Principal Financial Advisor, All Indian Railways a

3. The Deputy Comptroller & Auditor General of India (Railways) ay 2 \ जद we For Financial Commissioner/Railways No. 2015/FC(EM)/10/06 New Delhi, Dated 16.10.2017

1. The Principal Chief Commercial Manager, All Indian Railways.

2. The Principal Chicf Operations Manager. All Indian Railways.

3. The Chief Passenger Tratfic Manager, All Indian Railways.

4. The Chief Commercial Manager (FM), All Indian Railways.

5. CAO/PTS, Northern Railways. IRCA Building, New Delhi.

6. The Managing Director / Chief Commercial Manager, 

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