HDMC awarded with ISO 9001 : 2000 Certification
 
Payment Policy Rules

  • Pending bills are categorized mainly into,
    • Old Bills(i.e.Before 01-June-2004)
    • New Bills (i.e After 01-June-2004)
  • These different categories of bills are around 1100 to 1300 in numbers.
  • On an average Rs 250 lacs is paid every month
  • Payments are made only through Nationalised Banks(State Bank of Mysore Hubli,Bank of Baroda Dharwad).
  • Every month around 200 to 300 bills payments are made as per the seniority
  • For development fund & DC grant fund, the separate bank accounts are maintained. In order to submit the utilization certificate payments from these funds are made as and when bills are recieved.


      Managed By : Shri. A. N. Ramdas , Chief Accounts Officer
 
Last modified: June 27 2007
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