(a) Purchase Committee A Purchase Committee shall consist of three members of an appropriate level constituted by the Vice Chancellor.
(b) Procurement Committee
(1) The Procurement Committee shall consist of the following persons, namely:—
(i) two members nominated by the Vice Chancellor from among the teachers or officers of the University;
(ii) Finance Officer (ex-officio);
(iii) the Registrar (ex-officio);
(iv) two persons co-opted by the Vice-Chancellor from a panel of names approved by the Finance Committee for their specialized knowledge as required.
(2) The Vice-Chancellor shall also appoint one of the members of the Procurement Committee as its Chairperson and the Registrar shall be the Secretary of the Committee.
(3) All members of the Procurement Committee, other than the ex-officio members, shall hold office for a term of one year.
(4) The quorum for a meeting shall be four.
(c) Buildings and Works Committee
(1) There shall be a Buildings and Works Committee to accord administrative and technical approval or sanction to the proposal of building and construction works of the University whose estimated value is above rupees twenty five lakhs.
(2) (a) The Buildings and Works Committee shall consist of the following persons, namely:—
(i) Vice-Chancellor – Chairperson;
(ii) one member from among the teaching faculty of the University to be nominated by the Vice-Chancellor;
(iii) three eminent professionals or experts, including at least one architect and one engineer, in their individual capacities, approved by the Governing Board;
(iv) Special Secretary or Additional Secretary (Financial Advisor) in the Government of India, Ministry of External Affairs or his representative;
(v) Additional Secretary or Joint Secretary (Nalanda), Ministry of External Affairs or his representative;
(vi) Dean (Academic Planning), Nalanda University;
(vii) Finance Officer, Nalanda University;
(viii) University Engineer, Nalanda University;
(ix) Registrar, Nalanda University (Member Secretary);
(b) The term of nominated members shall be of one year.
(c) The quorum for a meeting shall be seven.
(3) Proposals for construction works, repairs, additions under civil and electrical works, and renovation involving an estimated amount up to rupees twenty-five lakhs shall not be required to be placed before the Buildings and Works Committee and they shall be accorded administrative sanction by the Vice-Chancellor and technical sanction by the engineering staff in place in the university.
Obtaining Two Bids.- Technical and Financial (In the Cases of Procurement of Goods of Technical Nature)