Procurement and

Scrap Disposal

Discuss the
Standard
operating
procedure for
procurement so
that cost can
be

Discuss the
Standard
operating
procedure for
scrap disposal
and also
highlight the
areas for

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Earnest Money Deposit

To safeguard the interest of Deptt (withdrawal / alter the
bid by bidder)
Exemption Regd. With Central Purchase Organisation /
National Small Industries Corporation
EMD - 2 % to 5% of estimated value
Can be DD/ FDR/Banker Cheque /BG
Unsuccessful bidders EMD should be returned /refunded
at the earliest.
Return