NOTIFICATION NO. 54/2005 DT. 17/03/2006

International Competitive Bidding - agencies/funds - legal agreements provide for tender

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)

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