Professional Documents
Culture Documents
DTI Tender
DTI Tender
Critical Covenants SPV will be incorporated as a Section 8 company under the Companies Act 2013
The financial assistance will be limited to 75% of the project cost.
Land - to be infused by Bidder
Building - 20% of Project Cost
Test equipment, installation, training - 80% of Project Cost
Project Cost excludes Land Value
Work Experience (Combined) Experience in carrying out assignments such as R&D/ Testing of Electronic Warfare Systems test in the last 7 years.
3 completed works costing not less than the amount equal to 40% of the project cost OR
2 completed works costing not less than the amount equal to 50% of the project cost OR,
1 completed work costing not less than the amount equal to 80% of the project cost
Financial Parameters (Combined) The Average Annual turnover of the bidder in the last three financial years (i.e. 2017-18, 2018-19 & 2019-20) shall be
equivalent to 100% of the Project cost
Revenue generation From fees collected for the various tests conducted
As per Annexure
Tests and Equipments to be installed
Estimated Project Cost 20 – 50 crore