№ lp_1_2_15646
Administrative source defining procedural and financial certifications required for opening an official government Letter of Credit for public procurement within available budgetary provisions.
Document code: TOD/LC/03
Subject: Opening of official Letter of Credit on nil margin basis
Type of document: Government recommendation and certification form
Sector: Public finance and procurement
Country: Sri Lanka
Currency: Sri Lankan Rupee (LKR)
Issuing authority: Treasury Operations
Involved institutions: Line ministries, government departments, state owned enterprises
Financial instrument: Letter of Credit
Margin basis: Nil (zero)
Procurement scope: Goods and services under approved procurement
Banks involved: Bank of Ceylon; People’s Bank
Required approvals: Procurement Committee; Cabinet (where applicable)
Signatories: Secretary to the Ministry; Head of Department; Director General of Treasury Operations; Chief Financial Officer
Attachments required: Letter of Credit application; Performa Invoice; Procurement approvals; prior LC documents
Price: 8 / 10 USD
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