CUDDALORE:
The Neyveli Lignite Corporation, a Navratna company, will soon adopt the e-contract system to ensure transparency in the execution of works assigned on a contractual basis. The Indian Institute of Technology-Kharagpur, has been working on the project, according to A.R.Ansari, Chairman-cum-Managing Director, NLC.
He was addressing a meeting convened on the NLC premises for reviewing and evaluating the Integrity Pact programme, attended by independent external monitors and senior executives. Mr Ansari said that already the e-auction, e-procurement, e-payment and e-tender systems were in vogue in the NLC. These measures would ensure transparency in the functioning of the NLC and give no room for criticism. The pact had come into force after a Memorandum of Understanding was signed with the Transparency International (India) on December 29, 2007.
The pact provided for ethical practices and honest dealings with the suppliers, service providers and contractors, and, would be applicable to the contracts valued at Rs 1 crore and above. The implementation of the pact was being monitored by the government machinery and independent external monitors. The present review meeting was held to make the officials and the contractors familiarise with the guidelines of the pact and to sort out the problems, if any, that might crop up while awarding or executing the contracts.
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