Committees & Clubs - Committees - Purchase Committee
Welcome to the Purchase Committee at TGTW Residential Degree College Nagarkurnool. We play a vital role in managing the procurement process to meet the college’s operational needs efficiently and responsibly.
Vision
To establish a streamlined procurement process at TGTW Residential Degree College Nagarkurnool, ensuring transparency, efficiency, and cost-effectiveness in all purchases.
Mission
The Purchase Committee at TGTW Residential Degree College Nagarkurnool is committed to:
- Ensuring timely procurement of goods and services to support academic and administrative functions.
- Upholding ethical standards and compliance with college policies and regulatory requirements in all procurement activities.
- Fostering fair competition among vendors and suppliers to achieve the best value for the college.
- Promoting sustainability and environmental responsibility through procurement practices.
Composition and Responsibilities
Comprising faculty members, administrative staff, and financial experts, the Purchase Committee focuses on:
- Reviewing and approving purchase requisitions in accordance with established guidelines and budget allocations.
- Evaluating supplier proposals and negotiating contracts to obtain favorable terms and conditions for the college.
- Monitoring procurement activities to ensure compliance with legal and ethical standards.
- Collaborating with departments to identify cost-saving opportunities and optimize procurement strategies.
Activities and Functions
- Procurement Planning: Developing procurement plans aligned with the college’s strategic objectives and budgetary constraints.
- Vendor Management: Establishing and maintaining relationships with reputable vendors and suppliers.
- Risk Management: Mitigating procurement risks and ensuring continuity of supply through effective contract management.
- Transparency and Accountability: Providing transparent reporting on procurement activities and outcomes to stakeholders.
Values
- Integrity: Upholding honesty, fairness, and ethical conduct in all procurement practices.
- Excellence: Striving for excellence in procurement operations to support academic and administrative functions effectively.
- Collaboration: Working collaboratively with stakeholders to achieve common procurement goals.
- Innovation: Embracing innovative approaches to optimize procurement strategies and achieve cost savings.
Committee Memebrs: