If the public agency that arranges the ration has to make an advance to the supplier after the purchase agreement, it may take a bank guarantee issued by a commercial bank and with a validity period of at least seven months to cover the amount of such advance and give an advance of up to twenty-five percent of the invoice amount.
(2) According to sub-rule (1), if the budget disbursement amount is not enough on the day of submission, the relevant public body shall request the relevant Fund and Accounts Controller Office for disbursement of additional funds and if such a request is made, the said office shall also disburse additional funds within the scope of the approved budget.
(3) The public body shall deduct fifty percent of the advance amount given according to sub-rule (1) from the supplier's monthly bill and collect the entire advance amount by the end of the current financial year.
(4) After the recovery of the advance amount given to the supplier for the first time, the public body may take a guarantee with a validity period of at least seven months from him and re-introduce twenty-five percent of the agreed amount in the month of Shravan of the new financial year and deduct the advance amount given in accordance with sub-rule (3) of the same financial year. The advance amount should be recovered by the end of the year.
(5) The supplier shall keep ration equal to the advance amount given in accordance with sub-rules (1) and (4) in his warehouse.