International Competitive Bidding - agencies/funds - legal agreements provide for tender - 54 (RE-2005)/2004-2009 - Foreign Trade Policy

International Competitive Bidding - agencies/funds - legal agreements provide for tender NOTIFICATION NO. 54/2005 DT. 17/03/2006 S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments in the Foreign Trade Policy, 2004-2009: Sub-para 8.2(d) shall be amended as under: "(d) Supply of goods to projects financed by multilateral or bilateral agencies/funds as notified by the Department of Economic Affairs, Ministry of Finance under International Competitive Bidding in accordance with the procedures of those agencies/funds, where the legal agreements provide for tender evaluation without including the customs duty; Supply and installation of goods and equipment (single responsibility of turnkey contracts) to projects financed by multilateral or bilateral agencies/funds as notified by Department of Economic Affairs, Ministry of Finance under International Competitive Bidding in accordance with the procedures of those agencies/funds, which the bids may have been invited and evaluated on the basis of Delivered Duty Paid (DDP) prices for the goods manufactured abroad". This issues in Public interest. ( K.T. CHACKO ) Director General of Foreign Trade and Ex Officio Additional Secretary to the Government of India (Issued from F.No.01/92/180/133/AM06/PC.II)