PROJECT DESCRIPTION
? JPEG TO DOC Conversion (OCR is allowed).
? Business Procurement Fee: Rs.8,00,000 + 1,00,000 after vendor approval from client and fully funded LC is issued from Client.
? Rate: Rs.14/- for 1000 characters including spaces.
? Turn Around Time Period is 22 days
? Letter of Credit is from a nationalized bank of 2 months billing value. ( bank Of Baroda, Hong Kong Branch)
? Accuracy required: 98%.
? Compensation for idle time: 25% ( Fro time when no work is given to vendor )
? Billing time period: Within 20 to 25 days after submission of data. ( Delay is due to time it takes to finish the QC )
? Work requires about 100 systems
? Kindly go through the attached MOU for further clarifications.