TENDER NOTICE

Sub: Notice inviting bids on formulation of policy for setting up of Trade Promotion Organisation under Public Private Partnership (PPP) or with State Government(s).

India Trade Promotion Organisation (a company registered under Section 25 of Indian Company Act 1956) has been setting up Regional Trade Promotion Centres (RTPCs) in State capitals and other metropolitan cities.

The idea of setting up such RTPCs was mooted with the intention of promoting direct participation of State Governments in the export promotion measures envisaged by the Central Government.

As a nodal agency of the Government of India, ITPO has already set up two Regional Trade Promotion Centres in Tamil Nadu and Karnataka. In both cases, the companies were incorporated and registered under Section 25 of the Companies Act 1956 as subsidiary of ITPO. The 51% of the shareholding in both the companies is in the name of ITPO and remaining 49% of equities are retained by the respective State Governments.

ITPO's expertise in running the Trade Promotion Centre has been sought in different forms to conceive and implement the Trade Centre locally. Depending on the requirements there may be changes in the capital structure/project and different models may come up with public private partnership for setting up of Trade Promotion Centres.

ITPO now intends to have a well studied policy made by the Consultant having expertise in this field. The policy for setting up joint ventures/Regional Trade Promotion Centres should adequate safeguards to protect the interests of ITPO considering that the huge amount will be invested by ITPO. The policy paper should bring out various options by which ITPO can secure interest on loans and /or pre-determined time slots in the proposed RTPC specifically reserved/earmarked for holding fairs/exhibitions/events by ITPO over a period of time. Besides, this ITPO should also have a mechanism to exit from the project without incurring any loss and getting adequate return. The projects may also be implemented on the models like PPP, tripartite agreements etc. Bids from professionals/agencies are invited for drawing up a policy through an approach paper on the issues inter-alia covering guidelines to be followed for PPP or with State Governments in setting up Trade Promotion Organisation. The professional/consultancy firm may submit their technical (format enclosed) and financial bids in separate sealed envelopes addressed to - Senior General Manager, Financial Adviser and Company Secretary, India Trade Promotion Organisation, Pragati Maidan, and New Delhi latest by 4.00 pm on November 30, 2008.