Committees & Clubs

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: