- What is Poverka?
- What are golden parameters in GeM?
- What is PAC amount?
- What is Metrology certificate?
- What is PAC item?
- What is the limit of direct purchase in GeM?
- What is procurement revenue?
- What is PAC training?
- What is pattern approval certificate?
- What is a proprietary certificate?
- What is tender EMD?
- What is PAC in tender?
- What is PAC bid in GeM?
- What is DDO in GeM?
What is Poverka?
Verification of measuring instruments and tools (POVERKA) Verification of measuring instruments – a set of operations performed to confirm the compliance of measuring instruments with metrological requirements.
measuring instruments for flow parameters, flow rate, level, volume of substances for measuring pressure..
What are golden parameters in GeM?
Requirement Processing/ Finalisation: GeM has defined Golden Parameters for all items. Golden parameters are those major specifications which define a particular item. They have been introduced so that both sellers and buyers use the same set of major parameters for describing the items under procurement.
What is PAC amount?
The Bidder shall have successfully completed at least one similar work costing more than 40% (Forty percentage) of the estimated Probable Amount of Contract (PAC) of the work described in the NIT during the last five years. 1.3. … All Bidders are required to register in the e-procurement portal.
What is Metrology certificate?
The metrological certification is a process for the state oversight of measuring equipment. As measuring equipment, a measuring instrument, a measuring system or a standard is defined as that which fulfils the task of measurement with a specified measurement accuracy.
What is PAC item?
Proprietary Article Certificate (PAC) may be issued to the original equipment. manufacturer (OEM) and items procured on the PAC basis from the particular. firm or its authorized dealers, stockist or distributors.
What is the limit of direct purchase in GeM?
Rs. 50,000v. GFR rule 149 allows direct on-line purchases on GeM up to Rs. 50,000/- through any of the available suppliers on the GeM, meeting the requisite quality, specification and delivery period.
What is procurement revenue?
Overall, procurement costs will be integrated into the financial accounting of a business, as procurement involves acquiring goods and/or services for the revenue goals of the business. Comprehensively, procurement can involve support from several areas of a company.
What is PAC training?
“PAC” is the acronym that stands for People @ Columbia which is the Human Resources system that integrates and processes all Human Resources, Benefits and Payroll transactions for Columbia University.
What is pattern approval certificate?
Pattern approval is where an impartial body examines the design of an instrument prototype against our national or international standards. … If your instrument passes the pattern approval process, we issue a certificate of approval.
What is a proprietary certificate?
A proprietary certificate is a certificate on a public key – the so-called proprietary key – that contains some information related to another (so-called collateral) certificate and has the property that if the owner of the proprietary public key reveals the corresponding (so-called proprietary) secret key, then the …
What is tender EMD?
EMD stands for Earnest Money Deposit. It is taken by the organization to ensure that only serious bidders participate in the tender. This is a refundable deposit which is sought in the form of fixed deposit Receipt/crossed Bank Draft/Irrevocable Bank Guarantee.
What is PAC in tender?
Essentials of Tender Notice:The following are the essentials of Tender Notice.1.No. of tender 2.Mention the article 3.Quantity 4.Specification (quality) 5.Cost of tender. forms 6. PAC (Probable Amount of Contract) 7.EMD 8. Place date & time of.
What is PAC bid in GeM?
If Buyer wants to buy any specific OEM’s product then he has to go for Proprietary Article Certificate (PAC) buying after obtaining necessary approvals of competent authorities for PAC buying as per GFR-2017.
What is DDO in GeM?
(b) Secondary Users: The primary user can create secondary subordinate users on GeM portal with specific role of Buyers, Consignees, DDOs and Paying Authority (PAO). The subordinate officer registered as secondary user shall have direct role based participation in GeM buying process.