Purchase Committee

The purchase committee in our college is to oversee the procurement process for goods and services required by the college. This committee is responsible for evaluating, selecting, and acquiring various items needed for the smooth functioning of the institution.

Purchase Committee Working

Vendor Selection: The committee identifies potential vendors or suppliers who can provide the required goods or services. They evaluate the vendors based on factors such as quality, pricing, reliability, and past performance.
Request for Proposals (RFPs): The committee prepares and issues RFPs to solicit bids from vendors. The RFPs outline the specifications, quantity, quality standards, delivery timelines, and other relevant details. This helps in obtaining competitive bids and ensuring transparency in the procurement process.
Evaluation and Selection: The committee reviews the proposals received from vendors and evaluates them based on predetermined criteria. They assess factors like price, quality, compliance with specifications, vendor reputation, and after-sales support. The committee selects the most suitable vendor based on the evaluation results.
Budget Management: The purchase committee works within the allocated budget for procurement activities. They consider cost-effectiveness and negotiate with vendors to secure the best possible prices for the required goods or services.
Contract Negotiations: The committee is responsible for negotiating and finalizing contracts with selected vendors. They ensure that the terms and conditions of the contract are fair, favorable, and align with the college’s policies.
Compliance and Documentation: The committee ensures that all procurement activities adhere to relevant laws, regulations, and institutional policies. They maintain proper documentation of the procurement process, including vendor communications, evaluation reports, purchase orders, invoices, and receipts.
Quality Assurance: The committee may establish quality standards and procedures for evaluating the received goods or services. They may conduct inspections, audits, or quality checks to ensure that the purchased items meet the required specifications and quality expectations.
Stakeholder Engagement: The committee collaborates with various departments or stakeholders within the college to understand their requirements and priorities. They consider input from faculty, staff, and administration while making procurement decisions.

The purchase committee in our college is to oversee the procurement process for goods and services required by the college. This committee is responsible for evaluating, selecting, and acquiring various items needed for the smooth functioning of the institution.

Purchase Committee Working

Vendor Selection: The committee identifies potential vendors or suppliers who can provide the required goods or services. They evaluate the vendors based on factors such as quality, pricing, reliability, and past performance.

Budget Management: The purchase committee works within the allocated budget for procurement activities. They consider cost-effectiveness and negotiate with vendors to secure the best possible prices for the required goods or services.

Contract Negotiations: The committee is responsible for negotiating and finalizing contracts with selected vendors. They ensure that the terms and conditions of the contract are fair, favorable, and align with the college’s policies.

Quality Assurance: The committee may establish quality standards and procedures for evaluating the received goods or services. They may conduct inspections, audits, or quality checks to ensure that the purchased items meet the required specifications and quality expectations.

Stakeholder Engagement: The committee collaborates with various departments or stakeholders within the college to understand their requirements and priorities. They consider input from faculty, staff, and administration while making procurement decisions.

Frequency of Meeting:

The Purchase Committee conducts meetings as per the requirement of the institute.

Attendance in the meeting:

Around 80 to 90 Percent of committee members are always present in the meeting