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Review of LTTC policy

No.TCR/1078/2020/LTTC-Review

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Circular number	No.TCR/1078/2020/LTTC-Review
Type	VCRC archived Railway commercial circular / manual
Topic	freight
Archive source	vcrc.in

Summary

Review of LTTC policy LTTC contract shall be executed on Zonal Railways henceforth.

Text of the circular

File No.TCR/1078/2020/LTTC-Review

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

No. TCR/1078/2020/LTTC-Review/3336979 New Delhi, dated | § .12.2020

General Managers All Zonal Railways.

Sub: Review of LTTC policy Ref: Rates Circular No.14 of 2017 and clarifications thereto

In terms of Rates Circular No14 of 2017, guidelines were issued on Long Term ‘Tariff Contract (LTTC) policy. During the course of implementation, agreements have been executed on different Zonal Railways.

Based on the experience gained over these years, it has been decided to undertake a review of the existing policy. In view of this, it is desired that no new LTTC contract shall be executed on Zonal Railways henceforth. Any process for extension of the current LTTC contract beyond the prescribed term should also be

stopped.

These instructions will come into force with immediate effect and remain

valid till further advice. we I

(Barjesh Dharmani) Executive Director, Traffic Commercial (Rates) Railway Board

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