BF Rules 130Chapter 8 · [Procurement of Goods and Services] [Substituted by Bihar Finance (Amdt.) Rules, 2005. Published in Bihar Gazette (Ed. Ordinary) dated 11.11.2005.]

Section 130 · Rate Contract

- The State Purchase Organisation shall conclude rate contracts with the registered suppliers, for goods and items of standard types, which are identified as common user items and are needed on recurring basis by various Departments.Definition of Registered suppliers is given in Rule 131 below. The State Purchase Organisation will furnish and update all the relevant details of the rate contracts in its web site. The Departments shall follow those rate contracts to the maximum extent possible on direct payment basis and not on book transfer basis.

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