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| Circular number | No. 2008/TG1V/10/Coin |
|---|---|
| Date | 2013-01-03 |
| Type | Commercial Circular |
| Topic | uts |
| Official PDF | indianrailways.gov.in |
Standard Agreement form for installation of Coin Vending Machines (CVMs) at Railway Stations to be signed between Railway and Public Sector Banks provision of this Agreement and the Bank shall, on expiry of the period of
Government of India Ministry of Railways (Railway Board) No. 2008/TG1V/10/Coin Vending Machines New Delhi, dated:03.01.2013 The General Managers, All Zonal Railways, Sub: Standard Agreement form for installation of Coin Vending Machines (CVMs) at Railway Stations to be signed between Railway and Public Sector Banks. Please refer to Board's letter of even number dated 03.07.2012 wherein instructions were issued to Zonal railways for installation of Coin Vending Machines (CVMs) at Railway Stations. In order to bring uniformity in the agreements signed by the Zonal Railways with the Public Sector Banks, a standard form of Agreement has been devised. A specimen copy of the Agreement form is enclosed. Board desire that in future the new Agreement should be done as per the enclosed agreement. This has the concurrence of Finance Directorate and vetted by Legal Directorate. Kindly acknowledge receipt of this letter. ( S.K. Ahirwar ) Director Traffic/Comml. (G) Railway Board No. 2008/TGIV/10/Coin Vending Machines New De1hated:03.01.2013 For Financial Commissioner/Railways Copy to: ( 1 ) CCMs/All Zonal Railways. (ii) FA&CAOs/All Zonal Railways. ..!) I ANDAR.D NIENT . ∎'01 -t11/1 FOR INSTALLATION OF COIN VENDING MACIIINES_ICVM. AT RAILWAY STATIONS TO BE SIGNED BETWEEN R ‘AII2fyy ,Y AND S 1:CTOR BANKS This Agreement is made at dais; of 2012 between President of India acting through General Manager Railways (or his authorised representative) hereinafter referred to as the Railway (which expression shall include the successors and assignors) on one part and Public sector Banks having its Corporate office at , herein after referred to as the Bank (which expression shall include its successors and assignees) on the other part. Now it is hereby agreed by the parties hereto as ifollows GENERA 1.1 The Railway hereby permits the Bank to operate Coin Vending Machines (CVMs) at the stations, mutually agreed between the parties on the terms and conditions hereinafter contained and subject to the rules and regulation in force of RBI &I or Ministry of Finance and rules/guidelines, laws and amendments issued froin time to time. On genuine grounds, e.g. non-availability of power/communication connectivity, it Bank is not in a position to install CVM at any Locationistatioil, that particular station may be substituted by another station of the same category with approval of the Railway. However, there will be no reduction in the charges payable on this account. 1.3 CVMs will be installed initially for a period of three years. This may be further extended for a period of three:, years subject to agreement of both Railways and the Bank on mutually accepted ternis. 2. SPACE FOR CVM, LOCATION AN.D POWER REQUIREMENTS: 2.1 Railway agrees to allot space of adequate area to .Bank for installation of CVMs. 2.2 No advertisement on CVM shall be permitted except the name and logo of the Bank. CVIVis will be installed at location identified by the Bank and Railways. It should in no way hinder the movement of passengers. 2.4 The total no. of C V.Ms will be restricted to four at each booking office in A-1 category stations and maximum of . two at each booking office at other category of stations. 2.5 Electricity will be provided by Railways free of cost. Electrical wiring from the nearest electrical main supply point to the CVM duly protected by MCB will be drawn by the Bank. 2 .6 The Bank shall maintain CVM at its own cost. The bank to the extent possible ensure that requisite amount of coins are available in CVMs at all times and ensure complaint free operation of the machines. The Branch Manager of respective link branch of the Bank will be contacted in case of shortage of coins and requirement of maintenance. '1 The Railway shall allow entrance to Bank staff/officials, to the Railway premises with security for loading; unloading of coins, regular maintenance and relocation of
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