Finance Dept Issues Instructions To Streamline Govt Expenditure

11Shares

Representational Photo

Jammu: In order to streamline the revenue and capital expenditure the Finance department on Saturday today directed all the Drawing & Disbursing Officers (DDOs) and Treasury Officers to observe certain guidelines while raising invoices or passing bills for payment.

According to an official spokesperson, the directions have been passed for timely delivery of goods and services it has been directed to fix responsibility in case of delay.

“It has been instructed that if delay is attributable to supplier/contractor penalty as stipulated in contract document should be levied and relaxation of these conditions shall be made only with the approval of next higher authority,” he said.

“Further it has been ordered that if delays are due to concerned executing agency, these matters shall be brought to the notice of Administrative Department for suitable corrective action against the concerned. The Treasury Officers has also been asked to point out cases of exceptional delays by respective DDOs without adequate reasons and submit Monthly Delay Reports (MDRs) to Finance department,” he added.

As a breather to contractors, the official spokesperson said, it has been said in the order to release payments to the contractors of the executed works within the time frame laid down as per contract. He said that it has also been directed that the security deposit of contractors shall remain withheld for defect liability period and shall be released only after satisfactory completion of work and report by the concerned authority.

“In order to see for the mismatch in the amount of work done on ground and in work order the Treasury Officers have been ordered to check Measurement Books duly signed by the concerned executing agency while preferring their invoices to the treasuries. It has also been instructed that no bill beyond the allotted cost shall be entertained in the treasuries. No deviation in the scope of work after the work has been tendered, reads one of the instructions,” he added.

He further said that it has also been ordered that bills on account of rent shall only be entertained in the treasury when accompanied by relevant Rent Assessment Order issued by the competent authority.

“Moreover the Power Development Department has been advised to provide online electricity bills on monthly basis to each DDO. They in turn have been directed to contra-credit the monthly billed amount through JKPAYSYS only,” the official spokesperson said.

“To make the fund transfer to beneficiaries of government schemes exclusively through DBT it has been impressed that no beneficiary related bills shall be entertained by the treasury officer unless schemes are registered on the PFMS portal w.e.f February 2021,” he added.

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.

ACT NOW
MONTHLYRs 100
YEARLYRs 1000
LIFETIMERs 10000

CLICK FOR DETAILS


Observer News Service

Leave a Reply

Your email address will not be published.

KO SUPPLEMENTS