ITI invites bids from prospective vendors for formation of Joint Venture Companies (JVC) at Rae-Bareli, Naini and Bangalore for the following products:
Last date for submission of bids further extended to 23rd August 2010

The last date for submission of bids for formation of JVC's further extended to 23rd August 2010.

The last date for submission of bids further extended to 23rd August 2010. The revised timelines are as follows:

Milestone	Date
Issue of RFQ cum RFP document to the bidders	19-08-2010 upto 1700 Hrs
Last date for submission of bids	23-08-2010 at 1300 Hrs
Opening of Envelope “A”	23-08-2010 at 1500 Hrs
Announcement of responsive bidders	25-08-2010 at 1700 Hrs
Opening of Envelope “B”	26-08-2010 at 1500 Hrs

All other terms and conditions remains un-altered.

Relaxations are offered in the lease rentals and  Commitment fee with the following amendments to the documents:
a) RFQ cum RFP document Ref : COR/PP/JVC/ RB  dated 30-10-2009 Volume I
                                               COR/PP/JVC/ NNI  dated 30-10-2009 Volume I
                                               COR/PP/JVC/ BG   dated 30-10-2009 Volume I

b) Draft Development agreement  Ref: COR/PP/JVC/ RB  dated 30-10-2009 Volume II
                                                         COR/PP/JVC/ NNI  dated 30-10-2009 Volume II
                                                         COR/PP/JVC/ BG   dated 30-10-2009 Volume II

1. Clause No. 5.6 of RFQ cum RFP document has been amended with the reduced lease rentals. The details are as follows:

Location of the JVC	Original figures – Rs per Sq. M. per month		Amended figures - Rs per Sq. M. per month
	Open area	Built up area	Open area	Built up area
Raebareli	28.75	77.16	14.38	38.58
Naini	28.75	77.16	14.38	38.58
Bangalore	161.38	236.62	80.69	118.31

2. Clause No. 11.2 of the draft Development agreement i.e., Commitment Fee has been amended as follows:

Original	Amended
If actual profit after tax from the operation of the JVC are below 70% of the projected profit after tax in that case JVC shall pay Commitment fee as per calculation below : Commitment Fee = ((projected profit after tax for the specified year X 70%) – Actual profit after tax for the particular year)) X percentage of Equity share holding of ITI Limited.	If actual profit after tax from the operation of the JVC are below 20% of the projected profit after tax in that case JVC shall pay Commitment fee as per calculation below : Commitment Fee = ((projected profit after tax for the specified year X 20%) – Actual profit after tax for the particular year)) X percentage of Equity share holding of ITI Limited.

All other terms and conditions remains un-altered.

Clarifications to the queries raised by the prospective bidders with regard to formation of JVCs.

Rae Bareli - Wi-MAX and associated Customer Premises equipments (CPE's)

To downlaod the following documents right click the mouse and select 'save target-as..'

• 1. RFP cum RFQ document (568 KB)
• 2. Devolopment Agreement (277KB)
• 3. Shareholders Agreement (250KB)

Naini - G-PON/GE-PON and Optical Transmission equipments

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• 1. RFP cum RFQ document (927 KB)
• 2. Devolopment Agreement (286 KB)
• 3. Shareholders Agreement (256 KB)

Bangalore - IP Core Systems

To downlaod the following documents right click the mouse and select 'save target-as..'

• 1. RFP cum RFQ document (649 KB)
• 2. Devolopment Agreement (268 KB)
• 3. Shareholders Agreement (242 KB)