The Corporation participates in bulk global tender enquiries and local tenders of Central & State Government and Public Sector Enterprises on behalf of small scale units. It is aimed to assist SSIs with ability to manufacture quality products but which lack brand equity & credibility or have limited financial capabilities. Under this scheme, the Corporation has identified large number of items for which it actively participates in tenders of these Departments and Enterprises. On receipt of the orders, Corporation farms out these orders to the units on whose behalf it has quoted. This assistance has enabled a large number of small units to compete for the orders which are normally out of reach of the individual units because of the bulk requirement.

Benefits of the Scheme
•SSIs provided with all requisite financial support depending upon the units’ individual requirements like purchase of raw material and financing of sale bill.
•Enhanced business volume helps SSIs achieve maximum capacity utilization.
•SSIs exempted from depositing earnest money
•SSIs helped to participate in large & global tenders upto its capacity & capability.
•SSIs assisted technically for quality upgradation and new product development in addition to testing facility.
•Ensures fair margin to SSIs for their production
•Publicity to small industries products
•Production of quality products from the SSI sector

Eligibility
•Any unit Registered with Directorate of Industries OR District Industries Centre as small scale unit.

Procedure
•To submit request on letter head to participate in tender along with NSIC’s processing charges.
•Photocopy of valid SSI Registration certificate.
•Latest income tax assessment orders or clearance certificate of the Proprietor/Partners/Directors in their individual capacity.
•Copy of Memorandum & Articles of Association.
•Specimen signatures of the authorised signatory of the applicant unit attested by the banker of the unit.
•If a Private/Public Limited Company, a copy of board resolution authorising the signatory to sign for and on behalf of the company. In case of partnership firm Power of Attorney in favour of signatory to deal with NSIC.
•Copies of tenders/orders executed, any other marketing arrangement, sale bills etc.
•Audited annual accounts for last 2 years with annual reports of applicant unit & associate firms.
•Inspection of the Unit’s production set up
•An agreement is executed between NSIC & SSI on successful procurement of Tender. Acceptance of NSIC terms & conditions by SSI unit.
•Service charges @ 1% of tender value is charged from the SSI once the order is procured plus all actual expenses and damages.
•Additional Service charges @ 0.25% for first 30 days and thereafter 0.08% for every week subject to maximum of 1.5% of tender value is charged if the SSI desires to avail financial assistance under NSIC’s Raw Material Assistance (RMA) scheme or under Integrated Marketing Support Programme (IMSP)/Bill Financing Scheme. Interest as applicable under RMA/IMSP is charged on the value of financial assistance.
•Processing Charges of Rs 200/- for Tender Value less than Rs 5.00 lacs or 0.1% of the Tender Value if Tender above Rs 5.00 lacs.

The Process
1.Screening of tenders where SSIs can contribute effectively.
2.Identification of SSIs capable of supplying short listed products.
3.Participation by NSIC in tender on behalf of associate SSIs.
4.Help to SSIs in procuring required raw material.
5.Effects supply of products manufactured by SSI.
6.Release of 80-85% payment to SSI on submission of Proof of dispatch.
7.Release of balance 15-20% payment to SSI on receipt of payment from buyer.

Application Forms are Available at :

•NSIC - Zonal Office
•NSIC - Branch Offices