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| Circular number | No.2017/EnHM/25/11 |
|---|---|
| Date | 2024-01-01 |
| Type | Commercial Circular |
| Topic | reservation |
Revision of Performance Guarantee in Service Contracts Sub: Revision of Performance Guarantee in Service Contracts.
2017/EnNHM/25/11 भास्त aeR/GOVERNMENT OF INDIA फैल मंतालय /MINISTRY OF RAILWAYS Yat als/(RAILWAY BOARD) No.2017/EnHM/25/11 New Delhi dated. 24.05.2024 To, As per list attached. Sub: Revision of Performance Guarantee in Service Contracts. Ref: 1. Ministry of Finance's OM No. F.1/2/2023-PPD dated 01.01.2024 titled Amendment in General Financial Rules, 2017 — Rule 171(i) Performance Security Regarding. 2. This office letter of even number dt. 11.12.2020. Board (M/TRS & MF) have decided to reduce the Performance Guarantee for services contracts, as given in Para 4.11 of GCC for Services, from 10% to 5% for all future Service Contracts of Indian Railways. 2. This issues with the concurrence of Finance Directorate of the Ministry of Railways. Signed by Ajay Jha खरीफ 11:39:05 Director/EnHM Railway Board No. 2017/EnHM/25/11 New Delhi, Dated — 24.05.2024 The PFAs, All Indian Railways. Dy. Comptroller & Auditor General of India (Railways), Room No. 2. Soha Rail Bhawan, New Delhi. by Sanjeet Kumar Date: 24-05-2024 13:03:46 For Member (Finance) Railway Board
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