SlideShare a Scribd company logo
SAMVIT SCHOOL OF INFRASTRUTURE BUSINESS.
A
Presentation on
“CVC GUIDELINES”
Presented by:-
PURUSHOTTAM BHAGAT(4103)
ASHWIN MANANI(4115)
VIVEK RATHOD(4120)
SAMEER UGAWAKAR(4125)
VINAYAK HAZARE(4128)
4/14/2015 1
Contents…
• Introduction
• Why CVC guide line is exist.
• 9 CVC circular
1) What is ?
2) Why it is (pit falls) ?
3) Action taken or remedies
INTRODUCTION
• Established 1964(Santham Committee)
• To control over Vigilance Administration
• Controlled by Central Govt
• CVC act includes-
1. All Indian services having connection with Union &
Gazzette officers,
2. PS Banks
3. Insurance Companies
Why did the Government set up
a body like CVC?
1. Transparency in Contracts
awarded on Nomination Basis
• Why it is –
Need of
1) transparency
2) accountability in award of contract
• Action taken or remedies
1) brought to notice board of resp. PSU
2) report submitted to board every quarterly
3) at least 10% audit must be there
2) Tendering process -
negotiations with L-1
• Why it is –
Need of
1) to stop post tendering corruption
2) misused as a tool for bargaining
• Action taken or remedies
1) no post tendering negotiation except…
a) procurement of proprietary item
b) item with limited source of supply
2) and if there justification & details recorded.
3) Use of products with standard
specifications
• Why it is –
Need of
1) to stop corruption in procuring
2) standardization of specification during procuring
• Action taken or remedies
1) standard specification item only stipulated
2) if not reasoning recorded
4) Acceptance of Bank
guarantees...
• Why it is –
Need of
1) to avoid fake BG submitted
• Action taken or remedies
1) streamline the system of acceptance
2) frame their own detail guideline
5) Time bound processing of
procurement
• Why it is –
Need of
1) to stop inordinately delay in tender
2) vender loading their offers in anticipation
of likely increase in cost
• Action taken or remedies
1) CVC advise to fix reasonable time for bid
2) finalization of tender in given validity
3) time extension should be mention
6) Posting of details on award of
tenders/contracts on websites
• Why it is –
Need of
1) restricting information through pasward
• Action taken or remedies
1) all org. & dept. strict to adhere
2) must to post summary which cover 75% of
contract
7) Prequalification criteria (PQ).
• Why it is –
Need of
1) discriminatory prequalification criteria incorporated in
tender
2) PQ is not clearly specified
• Action taken or remedies
1) Experience of similar works during last 7 years
2) avg. financial turnover for last 3 years at least
30% of the estimated cost.
8) Design mix concrete
• Why it is –
1) Provisions of IS 456:2000 are not followed for
designing of concrete mix
2) Acceptance of the concrete on the basis of false
certification.
• Action taken or remedies –
1) All organization are directed to for provision of IS
456:2000 with amendment 3 should be followed for cement
concrete and RCC.
2) Non compliance of the provision shall be viewed
seriously.
9) Consideration of Indian agent
• Why it is –
1) observing transparency of prices in a fair market
competition dealing with tenders relating to procurement.
• Action taken or remedies –
1) In a tender either the Indian agent on behalf of
principal/OEM or OEM itself can bid but both cannot bid
simultaneously for the same product in the same tender.
2) If an agent submits bid on behalf of the principal/OEM,
the same agent cannot submit a bid of another OEM in the same
tender for same product.
THANK YOU

More Related Content

What's hot

Offences and prosecutions
Offences and prosecutionsOffences and prosecutions
Offences and prosecutionsMohammad Ghori
 
Io,po and dh do's & don'ts and role in inquiry under D&AR
Io,po and dh  do's & don'ts and role in inquiry under D&ARIo,po and dh  do's & don'ts and role in inquiry under D&AR
Io,po and dh do's & don'ts and role in inquiry under D&AR
Mohandas Poonthiyil
 
secp companies act 2017 - ICAP
secp companies act 2017  - ICAPsecp companies act 2017  - ICAP
secp companies act 2017 - ICAP
OLY Consultant
 
Caveat
CaveatCaveat
Competition Commission of India
Competition Commission of IndiaCompetition Commission of India
Competition Commission of IndiaMalvika Bansal
 
Clearance of import and export goods customs law
Clearance of import and export goods   customs lawClearance of import and export goods   customs law
Clearance of import and export goods customs law
DVSResearchFoundatio
 
AUDI ALTERAM PARTEM: PRINCIPLES OF NATURAL JUSTICE
AUDI ALTERAM PARTEM: PRINCIPLES OF NATURAL JUSTICEAUDI ALTERAM PARTEM: PRINCIPLES OF NATURAL JUSTICE
AUDI ALTERAM PARTEM: PRINCIPLES OF NATURAL JUSTICE
sebis1
 
Bar council of india and the State Bar Councils
Bar council of india and the State Bar CouncilsBar council of india and the State Bar Councils
Bar council of india and the State Bar Councils
Shreya Chaurasia
 
Compare the judgements of Bhatia and Balco and Secondly what in your opinion ...
Compare the judgements of Bhatia and Balco and Secondly what in your opinion ...Compare the judgements of Bhatia and Balco and Secondly what in your opinion ...
Compare the judgements of Bhatia and Balco and Secondly what in your opinion ...Suneeta Mohapatra
 
'Independent Director' as per provisions of Companies Act 2013
'Independent Director' as per provisions of Companies Act 2013'Independent Director' as per provisions of Companies Act 2013
'Independent Director' as per provisions of Companies Act 2013
Avish Paul
 
Claims and Counterclaims Preparation, Analysis, Assessment and Successful Set...
Claims and Counterclaims Preparation, Analysis, Assessment and Successful Set...Claims and Counterclaims Preparation, Analysis, Assessment and Successful Set...
Claims and Counterclaims Preparation, Analysis, Assessment and Successful Set...
Asia Master Training آسيا ماسترز للتدريب والتطوير
 
Comparative public law and System of Governance
Comparative public law and System of GovernanceComparative public law and System of Governance
Comparative public law and System of Governance
Nikhil kumar Tyagi
 
What is Procurement
What is ProcurementWhat is Procurement
What is ProcurementFahad Ali
 
Competition Act, 2002
Competition Act, 2002Competition Act, 2002
Competition Act, 2002
bogus_mk
 
A.K KRAIPAK VS UOI
A.K KRAIPAK VS UOIA.K KRAIPAK VS UOI
A.K KRAIPAK VS UOI
AayushiiThandassery
 
Estoppel and Its Kind
Estoppel and Its KindEstoppel and Its Kind
Estoppel and Its Kind
A K DAS's | Law
 
Arbitration
ArbitrationArbitration
Arbitration
DEEPRAVIN
 

What's hot (20)

Offences and prosecutions
Offences and prosecutionsOffences and prosecutions
Offences and prosecutions
 
Io,po and dh do's & don'ts and role in inquiry under D&AR
Io,po and dh  do's & don'ts and role in inquiry under D&ARIo,po and dh  do's & don'ts and role in inquiry under D&AR
Io,po and dh do's & don'ts and role in inquiry under D&AR
 
secp companies act 2017 - ICAP
secp companies act 2017  - ICAPsecp companies act 2017  - ICAP
secp companies act 2017 - ICAP
 
Caveat
CaveatCaveat
Caveat
 
Competition Commission of India
Competition Commission of IndiaCompetition Commission of India
Competition Commission of India
 
Clearance of import and export goods customs law
Clearance of import and export goods   customs lawClearance of import and export goods   customs law
Clearance of import and export goods customs law
 
AUDI ALTERAM PARTEM: PRINCIPLES OF NATURAL JUSTICE
AUDI ALTERAM PARTEM: PRINCIPLES OF NATURAL JUSTICEAUDI ALTERAM PARTEM: PRINCIPLES OF NATURAL JUSTICE
AUDI ALTERAM PARTEM: PRINCIPLES OF NATURAL JUSTICE
 
Bar council of india and the State Bar Councils
Bar council of india and the State Bar CouncilsBar council of india and the State Bar Councils
Bar council of india and the State Bar Councils
 
Compare the judgements of Bhatia and Balco and Secondly what in your opinion ...
Compare the judgements of Bhatia and Balco and Secondly what in your opinion ...Compare the judgements of Bhatia and Balco and Secondly what in your opinion ...
Compare the judgements of Bhatia and Balco and Secondly what in your opinion ...
 
'Independent Director' as per provisions of Companies Act 2013
'Independent Director' as per provisions of Companies Act 2013'Independent Director' as per provisions of Companies Act 2013
'Independent Director' as per provisions of Companies Act 2013
 
Claims and Counterclaims Preparation, Analysis, Assessment and Successful Set...
Claims and Counterclaims Preparation, Analysis, Assessment and Successful Set...Claims and Counterclaims Preparation, Analysis, Assessment and Successful Set...
Claims and Counterclaims Preparation, Analysis, Assessment and Successful Set...
 
Comparative public law and System of Governance
Comparative public law and System of GovernanceComparative public law and System of Governance
Comparative public law and System of Governance
 
What is Procurement
What is ProcurementWhat is Procurement
What is Procurement
 
conciliation ppt
conciliation pptconciliation ppt
conciliation ppt
 
Competition Act, 2002
Competition Act, 2002Competition Act, 2002
Competition Act, 2002
 
A.K KRAIPAK VS UOI
A.K KRAIPAK VS UOIA.K KRAIPAK VS UOI
A.K KRAIPAK VS UOI
 
Estoppel and Its Kind
Estoppel and Its KindEstoppel and Its Kind
Estoppel and Its Kind
 
Adr
AdrAdr
Adr
 
Competition Commission of India
Competition Commission of IndiaCompetition Commission of India
Competition Commission of India
 
Arbitration
ArbitrationArbitration
Arbitration
 

Viewers also liked

File handling functions
File  handling    functionsFile  handling    functions
File handling functionsTech_MX
 
Central Vigilance Commission
Central Vigilance CommissionCentral Vigilance Commission
Central Vigilance Commission
Vishal Shrivastava
 
C V C Presentation
C V C  PresentationC V C  Presentation
C V C Presentation
Naushad Ali
 
14 file handling
14 file handling14 file handling
14 file handlingAPU
 
Competition commission of India
Competition commission of IndiaCompetition commission of India
Competition commission of India
Gaurav Khatri
 
File handling
File handlingFile handling
File handling
Nilesh Dalvi
 
E-procurement System PPT
E-procurement System PPTE-procurement System PPT
E-procurement System PPTNewGate India
 
Import procedure and documentation
Import procedure and documentationImport procedure and documentation
Import procedure and documentation
Anupam Ashish
 
E Procurement
E ProcurementE Procurement
E Procurement
ahmad bassiouny
 
presentation on computer virus
presentation on computer viruspresentation on computer virus
presentation on computer virusYogesh Singh Rawat
 
ANTIVIRUS AND VIRUS Powerpoint presentation
ANTIVIRUS AND VIRUS Powerpoint presentationANTIVIRUS AND VIRUS Powerpoint presentation
ANTIVIRUS AND VIRUS Powerpoint presentation
abhijit chintamani
 
Computer Virus powerpoint presentation
Computer Virus powerpoint presentationComputer Virus powerpoint presentation
Computer Virus powerpoint presentation
shohrabkhan
 
Basic concepts of computer Networking
Basic concepts of computer NetworkingBasic concepts of computer Networking
Basic concepts of computer NetworkingHj Habib
 
Computer networking devices
Computer networking devicesComputer networking devices
Computer networking devices
Rajesh Sadhukha
 
Introduction to computer network
Introduction to computer networkIntroduction to computer network
Introduction to computer network
Ashita Agrawal
 
Tender Process | A Complete Procurement Guide
Tender Process | A Complete Procurement GuideTender Process | A Complete Procurement Guide
Tender Process | A Complete Procurement Guide
Tender Process
 

Viewers also liked (19)

File handling functions
File  handling    functionsFile  handling    functions
File handling functions
 
Central Vigilance Commission
Central Vigilance CommissionCentral Vigilance Commission
Central Vigilance Commission
 
C V C Presentation
C V C  PresentationC V C  Presentation
C V C Presentation
 
14 file handling
14 file handling14 file handling
14 file handling
 
Competition commission of India
Competition commission of IndiaCompetition commission of India
Competition commission of India
 
File handling
File handlingFile handling
File handling
 
E-procurement System PPT
E-procurement System PPTE-procurement System PPT
E-procurement System PPT
 
e-Procurement in Indian Government
e-Procurement in Indian Governmente-Procurement in Indian Government
e-Procurement in Indian Government
 
Import procedure and documentation
Import procedure and documentationImport procedure and documentation
Import procedure and documentation
 
E Procurement
E ProcurementE Procurement
E Procurement
 
E Procurement
E ProcurementE Procurement
E Procurement
 
presentation on computer virus
presentation on computer viruspresentation on computer virus
presentation on computer virus
 
ANTIVIRUS AND VIRUS Powerpoint presentation
ANTIVIRUS AND VIRUS Powerpoint presentationANTIVIRUS AND VIRUS Powerpoint presentation
ANTIVIRUS AND VIRUS Powerpoint presentation
 
Computer Virus powerpoint presentation
Computer Virus powerpoint presentationComputer Virus powerpoint presentation
Computer Virus powerpoint presentation
 
Import procedure
Import procedureImport procedure
Import procedure
 
Basic concepts of computer Networking
Basic concepts of computer NetworkingBasic concepts of computer Networking
Basic concepts of computer Networking
 
Computer networking devices
Computer networking devicesComputer networking devices
Computer networking devices
 
Introduction to computer network
Introduction to computer networkIntroduction to computer network
Introduction to computer network
 
Tender Process | A Complete Procurement Guide
Tender Process | A Complete Procurement GuideTender Process | A Complete Procurement Guide
Tender Process | A Complete Procurement Guide
 

Similar to Cvc presentation

1217 loc tenders
1217 loc tenders1217 loc tenders
1217 loc tenders
Antonio Bove
 
Presentation by Mr Trevor Balser Acting DG National Dept of Water and Sanitat...
Presentation by Mr Trevor Balser Acting DG National Dept of Water and Sanitat...Presentation by Mr Trevor Balser Acting DG National Dept of Water and Sanitat...
Presentation by Mr Trevor Balser Acting DG National Dept of Water and Sanitat...
RakeshKumarRabidasAc
 
sevottam certification 21112022.pptx
sevottam certification 21112022.pptxsevottam certification 21112022.pptx
sevottam certification 21112022.pptx
GauravDhanda5
 
MRM-16 (2020).pptx
MRM-16 (2020).pptxMRM-16 (2020).pptx
MRM-16 (2020).pptx
xego1
 
2. instruction of bid
2. instruction of bid2. instruction of bid
2. instruction of bid
Hyoyoung Kim
 
New normal and beyond –RVNL Perspective dt 27.10.21
New normal and beyond –RVNL Perspective dt 27.10.21New normal and beyond –RVNL Perspective dt 27.10.21
New normal and beyond –RVNL Perspective dt 27.10.21
Rajesh Prasad
 
Transforming rehabilitation
Transforming rehabilitationTransforming rehabilitation
Innovate UK's monitoring services procurement - engagement event slides
Innovate UK's monitoring services procurement - engagement event slidesInnovate UK's monitoring services procurement - engagement event slides
Innovate UK's monitoring services procurement - engagement event slides
Innovate UK
 
2. EIA Process Experience to Date - Htin Aung Kyaw
2. EIA Process Experience to Date - Htin Aung Kyaw2. EIA Process Experience to Date - Htin Aung Kyaw
2. EIA Process Experience to Date - Htin Aung Kyaw
Ethical Sector
 
Understanding Pre Qualification Questionnaires
Understanding Pre Qualification QuestionnairesUnderstanding Pre Qualification Questionnaires
Understanding Pre Qualification Questionnaires
Lloyd Sewell
 
Experience of GCCIA in developing GCC Regional Electricity Market
Experience of GCCIA in developing GCC Regional Electricity MarketExperience of GCCIA in developing GCC Regional Electricity Market
Experience of GCCIA in developing GCC Regional Electricity Market
Power System Operation
 
The Clarity Project: SSAE-18 Essentials
The Clarity Project: SSAE-18 EssentialsThe Clarity Project: SSAE-18 Essentials
The Clarity Project: SSAE-18 Essentials
NICSA
 
Noms Award User Group 2009
Noms   Award User Group 2009Noms   Award User Group 2009
Noms Award User Group 2009
barnbyvilla
 
Cost Audit-Construction industry
Cost Audit-Construction industryCost Audit-Construction industry
Cost Audit-Construction industryRAVI MONGA
 
African ppp doc 1
African ppp   doc 1African ppp   doc 1
African ppp doc 1
Jamil Fakhri
 
DPP 2016 changes- July 2018
DPP 2016 changes- July 2018DPP 2016 changes- July 2018
DPP 2016 changes- July 2018
Ankur Gupta
 
Plymouth City Council & INCIC Launch Event 30th November Dynamic Purchasing S...
Plymouth City Council & INCIC Launch Event 30th November Dynamic Purchasing S...Plymouth City Council & INCIC Launch Event 30th November Dynamic Purchasing S...
Plymouth City Council & INCIC Launch Event 30th November Dynamic Purchasing S...
Jonathan Hines
 
Plymouth & INCIC Launch Event 30th November 2017 Dynamic Purchasing System (D...
Plymouth & INCIC Launch Event 30th November 2017 Dynamic Purchasing System (D...Plymouth & INCIC Launch Event 30th November 2017 Dynamic Purchasing System (D...
Plymouth & INCIC Launch Event 30th November 2017 Dynamic Purchasing System (D...
Jonathan Hines
 
Construction Futures Wales - Project Bank Accounts
Construction Futures Wales - Project Bank AccountsConstruction Futures Wales - Project Bank Accounts
Construction Futures Wales - Project Bank Accounts
Rae Davies
 
Tariff Based Competitive Bidding (TBCB) for Intra-State Transmission Projects
Tariff Based Competitive Bidding (TBCB) for Intra-State Transmission ProjectsTariff Based Competitive Bidding (TBCB) for Intra-State Transmission Projects
Tariff Based Competitive Bidding (TBCB) for Intra-State Transmission Projects
Amitava Nag
 

Similar to Cvc presentation (20)

1217 loc tenders
1217 loc tenders1217 loc tenders
1217 loc tenders
 
Presentation by Mr Trevor Balser Acting DG National Dept of Water and Sanitat...
Presentation by Mr Trevor Balser Acting DG National Dept of Water and Sanitat...Presentation by Mr Trevor Balser Acting DG National Dept of Water and Sanitat...
Presentation by Mr Trevor Balser Acting DG National Dept of Water and Sanitat...
 
sevottam certification 21112022.pptx
sevottam certification 21112022.pptxsevottam certification 21112022.pptx
sevottam certification 21112022.pptx
 
MRM-16 (2020).pptx
MRM-16 (2020).pptxMRM-16 (2020).pptx
MRM-16 (2020).pptx
 
2. instruction of bid
2. instruction of bid2. instruction of bid
2. instruction of bid
 
New normal and beyond –RVNL Perspective dt 27.10.21
New normal and beyond –RVNL Perspective dt 27.10.21New normal and beyond –RVNL Perspective dt 27.10.21
New normal and beyond –RVNL Perspective dt 27.10.21
 
Transforming rehabilitation
Transforming rehabilitationTransforming rehabilitation
Transforming rehabilitation
 
Innovate UK's monitoring services procurement - engagement event slides
Innovate UK's monitoring services procurement - engagement event slidesInnovate UK's monitoring services procurement - engagement event slides
Innovate UK's monitoring services procurement - engagement event slides
 
2. EIA Process Experience to Date - Htin Aung Kyaw
2. EIA Process Experience to Date - Htin Aung Kyaw2. EIA Process Experience to Date - Htin Aung Kyaw
2. EIA Process Experience to Date - Htin Aung Kyaw
 
Understanding Pre Qualification Questionnaires
Understanding Pre Qualification QuestionnairesUnderstanding Pre Qualification Questionnaires
Understanding Pre Qualification Questionnaires
 
Experience of GCCIA in developing GCC Regional Electricity Market
Experience of GCCIA in developing GCC Regional Electricity MarketExperience of GCCIA in developing GCC Regional Electricity Market
Experience of GCCIA in developing GCC Regional Electricity Market
 
The Clarity Project: SSAE-18 Essentials
The Clarity Project: SSAE-18 EssentialsThe Clarity Project: SSAE-18 Essentials
The Clarity Project: SSAE-18 Essentials
 
Noms Award User Group 2009
Noms   Award User Group 2009Noms   Award User Group 2009
Noms Award User Group 2009
 
Cost Audit-Construction industry
Cost Audit-Construction industryCost Audit-Construction industry
Cost Audit-Construction industry
 
African ppp doc 1
African ppp   doc 1African ppp   doc 1
African ppp doc 1
 
DPP 2016 changes- July 2018
DPP 2016 changes- July 2018DPP 2016 changes- July 2018
DPP 2016 changes- July 2018
 
Plymouth City Council & INCIC Launch Event 30th November Dynamic Purchasing S...
Plymouth City Council & INCIC Launch Event 30th November Dynamic Purchasing S...Plymouth City Council & INCIC Launch Event 30th November Dynamic Purchasing S...
Plymouth City Council & INCIC Launch Event 30th November Dynamic Purchasing S...
 
Plymouth & INCIC Launch Event 30th November 2017 Dynamic Purchasing System (D...
Plymouth & INCIC Launch Event 30th November 2017 Dynamic Purchasing System (D...Plymouth & INCIC Launch Event 30th November 2017 Dynamic Purchasing System (D...
Plymouth & INCIC Launch Event 30th November 2017 Dynamic Purchasing System (D...
 
Construction Futures Wales - Project Bank Accounts
Construction Futures Wales - Project Bank AccountsConstruction Futures Wales - Project Bank Accounts
Construction Futures Wales - Project Bank Accounts
 
Tariff Based Competitive Bidding (TBCB) for Intra-State Transmission Projects
Tariff Based Competitive Bidding (TBCB) for Intra-State Transmission ProjectsTariff Based Competitive Bidding (TBCB) for Intra-State Transmission Projects
Tariff Based Competitive Bidding (TBCB) for Intra-State Transmission Projects
 

Recently uploaded

The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
beulahfernandes8
 
how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.
DOT TECH
 
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Quotidiano Piemontese
 
how to swap pi coins to foreign currency withdrawable.
how to swap pi coins to foreign currency withdrawable.how to swap pi coins to foreign currency withdrawable.
how to swap pi coins to foreign currency withdrawable.
DOT TECH
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
marketing367770
 
how to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchangehow to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchange
DOT TECH
 
The secret way to sell pi coins effortlessly.
The secret way to sell pi coins effortlessly.The secret way to sell pi coins effortlessly.
The secret way to sell pi coins effortlessly.
DOT TECH
 
when will pi network coin be available on crypto exchange.
when will pi network coin be available on crypto exchange.when will pi network coin be available on crypto exchange.
when will pi network coin be available on crypto exchange.
DOT TECH
 
what is the future of Pi Network currency.
what is the future of Pi Network currency.what is the future of Pi Network currency.
what is the future of Pi Network currency.
DOT TECH
 
how can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securelyhow can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securely
DOT TECH
 
What website can I sell pi coins securely.
What website can I sell pi coins securely.What website can I sell pi coins securely.
What website can I sell pi coins securely.
DOT TECH
 
how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
DOT TECH
 
Introduction to Value Added Tax System.ppt
Introduction to Value Added Tax System.pptIntroduction to Value Added Tax System.ppt
Introduction to Value Added Tax System.ppt
VishnuVenugopal84
 
Financial Assets: Debit vs Equity Securities.pptx
Financial Assets: Debit vs Equity Securities.pptxFinancial Assets: Debit vs Equity Securities.pptx
Financial Assets: Debit vs Equity Securities.pptx
Writo-Finance
 
Intro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptxIntro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptx
shetivia
 
PF-Wagner's Theory of Public Expenditure.pptx
PF-Wagner's Theory of Public Expenditure.pptxPF-Wagner's Theory of Public Expenditure.pptx
PF-Wagner's Theory of Public Expenditure.pptx
GunjanSharma28848
 
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
Which Crypto to Buy Today for Short-Term in May-June 2024.pdfWhich Crypto to Buy Today for Short-Term in May-June 2024.pdf
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
Kezex (KZX)
 
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfUS Economic Outlook - Being Decided - M Capital Group August 2021.pdf
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
pchutichetpong
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
InterCars
 
Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024
Commercial Bank of Ceylon PLC
 

Recently uploaded (20)

The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...
 
how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.
 
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...Turin Startup Ecosystem 2024  - Ricerca sulle Startup e il Sistema dell'Innov...
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
 
how to swap pi coins to foreign currency withdrawable.
how to swap pi coins to foreign currency withdrawable.how to swap pi coins to foreign currency withdrawable.
how to swap pi coins to foreign currency withdrawable.
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
 
how to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchangehow to sell pi coins on Bitmart crypto exchange
how to sell pi coins on Bitmart crypto exchange
 
The secret way to sell pi coins effortlessly.
The secret way to sell pi coins effortlessly.The secret way to sell pi coins effortlessly.
The secret way to sell pi coins effortlessly.
 
when will pi network coin be available on crypto exchange.
when will pi network coin be available on crypto exchange.when will pi network coin be available on crypto exchange.
when will pi network coin be available on crypto exchange.
 
what is the future of Pi Network currency.
what is the future of Pi Network currency.what is the future of Pi Network currency.
what is the future of Pi Network currency.
 
how can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securelyhow can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securely
 
What website can I sell pi coins securely.
What website can I sell pi coins securely.What website can I sell pi coins securely.
What website can I sell pi coins securely.
 
how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
 
Introduction to Value Added Tax System.ppt
Introduction to Value Added Tax System.pptIntroduction to Value Added Tax System.ppt
Introduction to Value Added Tax System.ppt
 
Financial Assets: Debit vs Equity Securities.pptx
Financial Assets: Debit vs Equity Securities.pptxFinancial Assets: Debit vs Equity Securities.pptx
Financial Assets: Debit vs Equity Securities.pptx
 
Intro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptxIntro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptx
 
PF-Wagner's Theory of Public Expenditure.pptx
PF-Wagner's Theory of Public Expenditure.pptxPF-Wagner's Theory of Public Expenditure.pptx
PF-Wagner's Theory of Public Expenditure.pptx
 
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
Which Crypto to Buy Today for Short-Term in May-June 2024.pdfWhich Crypto to Buy Today for Short-Term in May-June 2024.pdf
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
 
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfUS Economic Outlook - Being Decided - M Capital Group August 2021.pdf
US Economic Outlook - Being Decided - M Capital Group August 2021.pdf
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
 
Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024
 

Cvc presentation

  • 1. SAMVIT SCHOOL OF INFRASTRUTURE BUSINESS. A Presentation on “CVC GUIDELINES” Presented by:- PURUSHOTTAM BHAGAT(4103) ASHWIN MANANI(4115) VIVEK RATHOD(4120) SAMEER UGAWAKAR(4125) VINAYAK HAZARE(4128) 4/14/2015 1
  • 2. Contents… • Introduction • Why CVC guide line is exist. • 9 CVC circular 1) What is ? 2) Why it is (pit falls) ? 3) Action taken or remedies
  • 3. INTRODUCTION • Established 1964(Santham Committee) • To control over Vigilance Administration • Controlled by Central Govt • CVC act includes- 1. All Indian services having connection with Union & Gazzette officers, 2. PS Banks 3. Insurance Companies
  • 4. Why did the Government set up a body like CVC?
  • 5. 1. Transparency in Contracts awarded on Nomination Basis • Why it is – Need of 1) transparency 2) accountability in award of contract • Action taken or remedies 1) brought to notice board of resp. PSU 2) report submitted to board every quarterly 3) at least 10% audit must be there
  • 6. 2) Tendering process - negotiations with L-1 • Why it is – Need of 1) to stop post tendering corruption 2) misused as a tool for bargaining • Action taken or remedies 1) no post tendering negotiation except… a) procurement of proprietary item b) item with limited source of supply 2) and if there justification & details recorded.
  • 7. 3) Use of products with standard specifications • Why it is – Need of 1) to stop corruption in procuring 2) standardization of specification during procuring • Action taken or remedies 1) standard specification item only stipulated 2) if not reasoning recorded
  • 8. 4) Acceptance of Bank guarantees... • Why it is – Need of 1) to avoid fake BG submitted • Action taken or remedies 1) streamline the system of acceptance 2) frame their own detail guideline
  • 9. 5) Time bound processing of procurement • Why it is – Need of 1) to stop inordinately delay in tender 2) vender loading their offers in anticipation of likely increase in cost • Action taken or remedies 1) CVC advise to fix reasonable time for bid 2) finalization of tender in given validity 3) time extension should be mention
  • 10. 6) Posting of details on award of tenders/contracts on websites • Why it is – Need of 1) restricting information through pasward • Action taken or remedies 1) all org. & dept. strict to adhere 2) must to post summary which cover 75% of contract
  • 11. 7) Prequalification criteria (PQ). • Why it is – Need of 1) discriminatory prequalification criteria incorporated in tender 2) PQ is not clearly specified • Action taken or remedies 1) Experience of similar works during last 7 years 2) avg. financial turnover for last 3 years at least 30% of the estimated cost.
  • 12. 8) Design mix concrete • Why it is – 1) Provisions of IS 456:2000 are not followed for designing of concrete mix 2) Acceptance of the concrete on the basis of false certification. • Action taken or remedies – 1) All organization are directed to for provision of IS 456:2000 with amendment 3 should be followed for cement concrete and RCC. 2) Non compliance of the provision shall be viewed seriously.
  • 13. 9) Consideration of Indian agent • Why it is – 1) observing transparency of prices in a fair market competition dealing with tenders relating to procurement. • Action taken or remedies – 1) In a tender either the Indian agent on behalf of principal/OEM or OEM itself can bid but both cannot bid simultaneously for the same product in the same tender. 2) If an agent submits bid on behalf of the principal/OEM, the same agent cannot submit a bid of another OEM in the same tender for same product.