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03 2025 13 1947)
BENGALURU, THURSDAY, 03, APRIL, 2025 CHAITHRA, 13, SHAKAVARSHA, 1947)
. 211 No. 211 ¨sÁUÀ – 4ಎ Part – IVA
GOVERNMENT OF KARNATAKA
No:FD 944 Exp-12/2024 Karnataka Government Secretariat,
Vidhana Soudha,
Bengaluru, Dated:03.04.2025
NOTIFICATION
In exercise of the powers conferred by sub-section(1) of section 25 of the Karnataka Transparency in Public Procurements Act, 1999 (Karnataka Act 29 of 2000) the Government of Karnataka hereby makes the following rules further to amend the Karnataka Transparency in Public Procurements Rules, 2000, namely:-
RULES
1. Title and commencement.- (1) These rules may be called the Karnataka Transparency in Public Procurements (Amendment) Rules, 2025.
(2) They shall come into force from the date of their publication in the Official Gazette.
2. Amendment of the rule 12.- In the Karnataka Transparency in Public Procurements Rules, 2000, in rule 12,- R.N.I. No. KARBIL/2001/47147 POSTAL REGN. No. RNP/KA/BGS/2202/2017-19 Licensed to post without prepayment WPP No. 297 2 (i) in sub-rule (1), after the words "irrevocable bank guarantee", the words "including e-Bank Guarantee, Insurance Surety Bonds issued by Insurance Company authorized by Insurance Regulatory and Development Authority of India", shall be inserted; and
(ii) in sub-rule (3), after the words "tenderer as per departmental rules", the words, letter and brackets "in the form as specified in sub-rule (1)", shall be inserted.
By order and in the name of the
Governor of Karnataka
(Shreekrishna N.Bugatyagol) Special Officer and Ex-Officio
Joint Secretary to Government
Finance Department (ZP)