Client Query 145:- Hi, wanted to ask that can you please let us know that a procouring agency can set his limit up to 5-lac for quotation works? Thanks!
Adnan Hussain, UK
Answer:- Thank you very much for writing to us! As per your query, as per PP Rule-42(b), provided that the respective Boards of Autonomous bodies are authorized to fix an appropriate limit for request of quotations method of procurement subject to a maximum of rupees five hundred thousand which will become financial limit under this sub-rule.
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