Defence procurement draft released-THE HINDU-21-03-2020
The draft is open for further suggestions from industry before being finalized for promulgation.
The finalized DPP 2020 will come into effect from April 01, 2020 and will remain in force till 31 March 2025.
The draft DPP 2020 will come into effect on April 1, 2020 and be in force for five years.
The Ministry of Defence has for the first time introduced leasing of defence equipment as a new category for acquisition in the draft Defence Procurement Procedure where Lessor is a Global entity.
New chapters have been introduced for procurement of software and systems related projects due to fast obsolescence, Post Contract Management to facilitate and provide clear guidelines, given long time of defence deals.