Finance & Purchase Committee

Creation of the Committee:

The Finance & Purchase Committee represents the Principal on all financial matters of the College. The Principal shall inform and consult with the Finance & Purchase Committee on the construction and implementation of the College budget. The college Finance & Purchase Committee shall review funding, allocations, and expenditures of the College and report to the Management every academic year.

Objectives:

The Finance & Purchase Committee is responsible for all matters relating to the financial affairs of the institution encompassing the areas of s financial planning, financial monitoring and policy related issues and to provide timely advice to Management on areas within its remit.

To ensure proper utilization of fund.

To ensuring proportionality, transparency, accountability and fairness in the purchasing process

To submit the reports to the Management.

Selection procedures:

The faculty and non-teaching staff give their choice for acting as coordinators in the Finance & Purchase Committee. Based on the choice given by the faculty, the College Academic Committee selects the coordinator and members.