Thursday, July 28, 2011

MMRCA, Final decision expected within 5-6 weeks


India’s Air Chief Marshal P V Naik has said the likely winner of the multi-billion dollar combat aircraft deal would be known in the "next five to six" weeks.

"The next step is to call vendors and open up the commercial bids. I think in the next five to six weeks, I expect that the L1 (lowest bidder) would be decided," he said on Tuesday.

As per the Defence Procurement Procedure (DPP), the lowest bidder in the multi vendor tenders is considered to be the winner of the deals. [...]
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This official statement by the highest IAF officer would confirm that the final stage of the MMRCA contest will be processed on schedule.

Edit 07/28
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