The responsible authority for the implementation of the Portuguese Offset Law is the Permanent Commission of Reciprocal Concessions (CPC) which is an executive collegial body part of the Ministry of the Economy and Innovation responsible for the areas of national Defense and for the Economy.
The CPC is made up of a president and four voting members. The president is nominated in a joint ordinance by the Government members responsible for Defense and the Economy and Innovation. The voting members are nominated one each by the Government members responsible for Defense, the Economy and Innovation, Finance, and Science, Technology and Higher Education.
The existing legislation regarding the subject of multipliers in Portugal is that each offset program receives a multiplier after the valuation by CPC. Minimum multipliers are specified according to the type of program.
The programs that are related with transfer of technology have a multiplier of no less than 3.
Programs that are of socio-economic interest and the one linked to the defense industry have a multiplier of no less than 2.
Finally, programs linked to creating national capacity to sustain lifecycles of acquired equipment and systems have a multiplier of no less than 2.5.
According to the Offset Law, projects not related to defence can be included in a contract. Actually, there are 3 groups of projects that can be incorporated in an Offset program. Direct programs, meaning programs directly linked to the object of acquisition, indirect programs but connected to the defense industry, (defense related design, development, product or process engineering and production and servicing or any other activity of proven added value) and finally indirect programs meaning programs not connected to defense.
Offsets are being implemented in Portugal with greater flexibility, by giving priority to defense related projects but open to other sections such as IT, energy, automotive etc. Link for the full Article:
http://www.epicos.com/epicos/portal/media-type/html/role/content/page/default.psml/js_panename/News+Information+Article+View?articleid=144446&showfull=false
Brigadier (Retired) Sukhwindar Singh
http://www.svipja.com/
(A Global e-Solution for Offsets)
Credit: http://www.epicos.com/
The CPC is made up of a president and four voting members. The president is nominated in a joint ordinance by the Government members responsible for Defense and the Economy and Innovation. The voting members are nominated one each by the Government members responsible for Defense, the Economy and Innovation, Finance, and Science, Technology and Higher Education.
The existing legislation regarding the subject of multipliers in Portugal is that each offset program receives a multiplier after the valuation by CPC. Minimum multipliers are specified according to the type of program.
The programs that are related with transfer of technology have a multiplier of no less than 3.
Programs that are of socio-economic interest and the one linked to the defense industry have a multiplier of no less than 2.
Finally, programs linked to creating national capacity to sustain lifecycles of acquired equipment and systems have a multiplier of no less than 2.5.
According to the Offset Law, projects not related to defence can be included in a contract. Actually, there are 3 groups of projects that can be incorporated in an Offset program. Direct programs, meaning programs directly linked to the object of acquisition, indirect programs but connected to the defense industry, (defense related design, development, product or process engineering and production and servicing or any other activity of proven added value) and finally indirect programs meaning programs not connected to defense.
Offsets are being implemented in Portugal with greater flexibility, by giving priority to defense related projects but open to other sections such as IT, energy, automotive etc. Link for the full Article:
http://www.epicos.com/epicos/portal/media-type/html/role/content/page/default.psml/js_panename/News+Information+Article+View?articleid=144446&showfull=false
Brigadier (Retired) Sukhwindar Singh
http://www.svipja.com/
(A Global e-Solution for Offsets)
Credit: http://www.epicos.com/
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