Procurement Policy
Procurement Principles
For the purposes of awarding contracts of supply of goods and services, leasing, licensing, sub-licensing and grant or allocation of any space, building, rights or privileges (collectively referred to as “the procurement”), Yamuna International Airport Private Limited (“Airport Company”) shall be guided by the following principles:
- Realizing value for money
- Fair and transparent short-listing of experienced and qualified applicants
- Commercially prudent
- Potecting the interests of the Users
- Maximizing the effective use of the Airport Company’s resources
Procurement Procedures
The procurement shall be based on the following procedures:
Procurement Method | Applicability |
|---|---|
Open Competitive Bidding | Contracts exceeding ₹25 crore/ AY |
Limited / Pre‐qualified tender | Contracts not exceeding ₹25 crore/ AY |
Direct procurement | Contracts not exceeding ₹25 crore/ AY |
AY means the financial year commencing from the first day of April of any calendar year and ending on the thirty – first day of March of the next calendar year. Issuance of tender specifications, where applicable, shall be done by means of e‐tendering, published at https://niairport.abcprocure.com. Airport Company shall have the right to elect any electronic portal to run such an open tender process.
General
In case of any queries in relation to this Procurement Policy, the queries can be directed at: [email protected]