As an international contractor or supplier, you’ll be well aware of the mandatory tender regulations, monitored and enforced by Israel’s Industrial Cooperation Authority. These require that a percentage of any tender with a value of more than 5,000,000$ be spent in Israel on services or products.
ICA guidelines state:
Israel’s requirements are by no means unique; offset barter is an accepted part of major international projects and can work to the benefit of all involved. But what happens if a company, for whatever reason, fails to meet its ICA requirements? In plain terms, that company’s chances of winning further tenders in Israel could be adversely affected.
Founded in 1962, Mifram has worked with some of the largest bodies in Israel such as the IDF, the Electric Authority, the Israel Ports Authority, Elbit, Israeli Aircraft Industries, Israel Military Industries, Mekorot Water Authority, Rafael and others. The company has also worked on major projects for the US Army, Navy, Air Force and Marine Corp., the FBI, the Japanese Army, the United Nations, many foreign security and law enforcement agencies and companies such as Bechtel, Ratheon, KBR and many more. Its vast store of knowledge, its in-depth knowledge of Israel’s industrial and commercial sectors, its close ties with manufacturers and suppliers, not just in Israel but in many countries across the globe, make it the ideal partner in your search for offset barter outlets.