Core Announcement – Order Details
Awarding Entity: Babasaheb Bhimrao Ambedkar University (BBAU)
Domestic/International Order: Domestic
Nature of Order/Contract:
Project Management Consultancy services for planning, design and development of infrastructural facilities and other related works in campus of Babasaheb Bhimrao Ambedkar University (BBAU) on Cost Plus PMC Fee basis.
Order Value:
Total Project cost of ₹175.41 Crore excluding GST (including RITES Fees) approximately.
Materiality Context:
Disclosed as major order under SEBI LODR Regulation 30.
Execution Timeline:
30 months for initial work or till the completion of allotted work whichever is later from the date of signing of agreement.
Revenue Recognition / Billing Structure:
Cost Plus PMC Fee basis (disclosed).
Key Terms & Payment Milestones:
Not Specified
Whether Related Party Transaction:
No. Explicitly stated as "Not a Related Party Transaction".
Promoter Group Involvement:
No. Explicitly stated that promoter/promoter group/group companies have no interest in the entity that awarded the order.
Financial Implication:
Not Specified