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    2015TRB - MS67 Price Adjustment TP

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    P. Balaji Chakravarthy
    The Government of Andhra Pradesh issued an order to clarify the treatment of price adjustment mentioned in an earlier order from 2012. Specifically, it clarifies that the price variation clause applies to both increases and decreases in price whenever the variation is more than 5%, not just increases as the earlier order could be interpreted. It directs the Engineer-in-Chief of the Roads and Buildings Department to take necessary action accordingly, with the concurrence of the Finance Department.

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    2015TRB - MS67 Price Adjustment TP

    Uploaded by

    P. Balaji Chakravarthy
    508 views1 page
    The Government of Andhra Pradesh issued an order to clarify the treatment of price adjustment mentioned in an earlier order from 2012. Specifically, it clarifies that the price variation clause applies to both increases and decreases in price whenever the variation is more than 5%, not just increases as the earlier order could be interpreted. It directs the Engineer-in-Chief of the Roads and Buildings Department to take necessary action accordingly, with the concurrence of the Finance Department.

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    2015TRB_MS67 Price Adjustment TP

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    2015TRB_MS67 Price Adjustment TP

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    The Government of Andhra Pradesh issued an order to clarify the treatment of price adjustment mentioned in an earlier order from 2012. Specifically, it clarifies that the price variation clause applies to both increases and decreases in price whenever the variation is more than 5%, not just increases as the earlier order could be interpreted. It directs the Engineer-in-Chief of the Roads and Buildings Department to take necessary action accordingly, with the concurrence of the Finance Department.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    508 views1 page

    2015TRB - MS67 Price Adjustment TP

    Uploaded by

    P. Balaji Chakravarthy
    The Government of Andhra Pradesh issued an order to clarify the treatment of price adjustment mentioned in an earlier order from 2012. Specifically, it clarifies that the price variation clause applies to both increases and decreases in price whenever the variation is more than 5%, not just increases as the earlier order could be interpreted. It directs the Engineer-in-Chief of the Roads and Buildings Department to take necessary action accordingly, with the concurrence of the Finance Department.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    GOVERNMENT OF ANDHRA PRADESH

    ABSTRACT
    R&B Dept Treatment of Price adjustment in point No.9 in G.O.Ms.No.1,
    Finance(W&P-F7)Dept., dt.25.02.2012 Applies to both increase and
    decrease clarification Issued.
    ------------------------------------------------------------------------------------TRANSPORT, ROADS AND BUILDINGS (R-I) DEPARTMENT
    G.O.MS.No. 67

    Dated: 27-11-2015
    Read the following:

    [[[[

    1. G.O.Ms.No.01, Finance (W&P-F7) Dept., dt.25.02.2012


    2. From the Engineer-in-Chief(R&B) Admn.,& SR, RSW, Bldgs, Lr.No.
    Price adjustment/ENC(R)/EE(TEC)/DEEVII/AEE1/2015, dt:19.06.2015.
    ****
    ORDER:
    In the circumstances stated by the Engineer-in-Chief(R&B)Admn.,& SR
    in the reference second cited, Government decide and hereby clarify that
    the Treatment of price adjustment mentioned in point No. 9 of para (2)of
    G.O.MS.No.1, Finance (W&P-F7) Dept, dt.25.02.2012 (reference first
    cited)i.e., the price variation clause applies to both decrease and increase,
    whenever variation is more than 5%.
    2.
    The Engineer-in-Chief (R&B),Admn, SR,RSW & Buildings, shall take
    necessary further action accordingly.
    3.
    This order issues with the concurrence of Finance (FMU-W.R.I) Dept
    vide their U.O. No.16571/226/W.P.II/15, dt.5.10.2015
    (BY ORDER AND IN THE NAME OF THE GOVERNER OF ANDHRA PRADESH)
    B.SAM BOB
    SPECIAL CHIEF SECRETARY TO GOVERNMENT
    To
    The Engineer-in-Chief(R&B),Admn, SR, RSW & Buildings, Hyderabad
    Copy to:
    Finance (FMU-W.R-I) Department
    The Accountant General, AP, Hyderabad
    P.S. to M (TR&B) Department
    P.S. to Spl.Chief Secretary to TR&B Department
    Sf/SC
    //FORWARDED BY ORDER//
    SECTION OFFICER

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