Contract award by means of bidding
As soon as an Austrian exporter intends to take part in bidding, he has to inform us at least 40 working days before the bid closing date. For this purpose a form has to be filled in and sent to the Credit Department of Oesterreichische Kontrollbank AG within this period. A so called “Zustimmungserklärung zur Notifikation” (declaration of consent for notification) has to be sent to the Credit Department at the same time. The appropriate guarantee and financing applications should be submitted without delay after the tender award, but in any case before signing the delivery contract.
In the case of tenders with a bid period shorter than 40 working days, the exporter has to inform us of his participation within the first 5 working days of the bid period.
We would like to emphasise, that the Austrian exporter is not eligible for soft loan financing for the relevant export business if he fails to notify us of his participation or if he does not observe the deadline.
Contract award by means of direct negotiation
In the case of direct negotiations, the Austrian exporter/commercial bank has to apply for a guarantee and soft loan financing at the beginning of the delivery contract negotiations, but in any case before signing the delivery contract. Otherwise no soft loan financing will be available for this project.