
Deals30 Aug 2024, 06:22 pm
SBC Exports Ltd Secures Work Order Worth Rs. 47 Crore from Directorate of Vocational Education and Training, Maharashtra Government
AI Summary
SBC Exports Ltd has been awarded a Work Order for Engagement of Experienced Manpower Service Providers for providing manpower and related services in Pune and Mumbai territories of Directorate of Vocational Education & Training, Government of Maharashtra. The aggregate purchase order cost of the said Work-Orders is Rs. 47,38,06,800/- (Rupees Forty Seven Crore Thirty Eight Lakh Six Thousand Eight Hundred Only). The contract has significant terms and conditions including immediate alternative arrangements for absent team members, forfeiture of security deposit for non-fulfillment of terms, no price escalation, and a three-year execution period.
Key Highlights
- Work Order worth Rs. 47 Crore awarded to SBC Exports Ltd by Directorate of Vocational Education and Training, Government of Maharashtra
- Order for Engagement of Experienced Manpower Service Providers for providing manpower and related services in Pune and Mumbai territories
- Significant terms and conditions including immediate alternative arrangements for absent team members, forfeiture of security deposit, no price escalation
- Three-year execution period for the Work Order
- No promoter/ promoter group / group companies have any interest in the entity that awarded the order