The Bihar Finance (Amendment) Rules, 2005
No: 6076 Dated: Nov, 10 2005
Government of Bihar
Finance Department Notification
Whereas over the last so many years, many developments, including a rapid growth of alternative service delivery systems, development in information technology, outsourcing of services and liberlization of the system of procurement, inventory management in line with the international practices have taken place, and
whereas keeping in view these developments, based on the report of the task force of experts, extensive review and consultations, Government of India has notified General Financial Rules, 2005 with effect from July 1, 2005, and
whereas Bihar Finance Rules are primarily based on Government of India's General Financial Rules, and
whereas keeping in view above mentioned changes there is a need for amendment in Bihar Finance Rules for economy and increasing the efficiency of the government,
Now, therefore, in exercise of the powers conferred under sub-sections(1) and (3) of the Bihar Finance Act, 1981, the State Government of Bihar makes the following "The Bihar Finance (Amendment) Rules, 2005" to amend the Bihar Finance Rules
1. Short title, extent and commencement:
(a) These rules may be called "The Bihar Finance (Amendment) Rules, 2005”
(b) It shall extend to the whole of the state of Bihar.
(c) It shall come into force at once.
2. Substitution of Title of Section XI before Rule 30 of the Bihar Finance Rules The title of Section XI "Contracts" will be substituted by "Contract Management"
3. Substitution of Rule 29 and 30 of the Bihar Finance Rules relating to Contracts.
Rule 29 to 30 of the Bihar Finance Rules will be substituted by the following rules :-
"Rule 29.
(1) All contracts shall be made by an authority empowered to do so by or under the orders of the Governor in terms of Article 299 (1) of the Constitution of India.
(2) All the contracts and assurances of property made in the exercise of the executive power of the State shall be executed on behalf of the Governor. The words “for and on behalf of the Governor of Bihar” should follow the designation appended below the signature of the officer authorized in this behalf.