Proposal for starting contract filtration business all over India

Rev 5 date 27-01-2017

START UP INDIA MISSION

CbS - Filtration division offers a unique opportunity to the interested parties. The proposal is defined below;

A BRIEF ABOUT THE PROJECT

  1. CbS has a plan to offer “START UP OPPORTUNITIES UNDER START UP INDIA“ for starting the “contract  Transformer oil filtration  business” on all India basis in joint venture / association with the interested parties / Individuals.
  2. Any person / concern (REFERRED HERE AFTER AS JVP – Joint Venture Party) that wants to start the filtration business   in his area can join hands with CbS on responsibility and revenue sharing basis.
  3. On  all India  basis  there  is  huge  potential in all  Government  owned  and  privately owned  electricity  distribution  companies, Power plants, Industries hotels and Buildings having High Voltage connection, etc. These customers   look for   parties   that can provide   transformer oil/Turbine oil filtration   services on   contract / rental basis.  Just  for  example  State  of  UP  has  paid  100  crore  last  year   to  the agencies for cleaning of their  transformer oil  in various  distribution  transformers in addition to the cleaning with their own machines. A large percentage of distribution transformers fail due to improper upkeep of transformer oil.

The brief details and scope of work is defined below:


CBS   SCOPE

  1. CbS will provide the Oil filtration machine of business demand capacity  absolutely free of charge to the interested person who is willing to start contract oil filtration operations under START UP MISSION to support the Capital input requirement of business which is normally a serious constraint for a bubbling entrepreneur. 
  2. CbS will provide training and technological back up to the Start up entrepreneur and his team.
  3. To provide training for business process and accounting billing and business generation in hand holding mode.

 

ENTERPRENUER (JVP) RESPONSIBILITY

  1. To have serious willingness and intention to grow in business.
  2. To create a team to carry out business.
  3. To take training seriously and learn about various processes and plant.
  4. To devote time to carry out market survey and asses the business availability and operation cost.
  5. To obtain family moral support for business as START UP.
  6. To take orders for cleaning on behalf of CBS and to undertake movement of machine to site and carryout  job
  7. All the revenue that gets generated will be shared 40: 60 basis.  After the deduction of taxation   money,   60%   of the   revenue will be   transferred to the party.  CbS will retain only 40%.
  8. CbS will not bear any   running /operation /maintenance / or any kind of expenses.
  9. After the recovery of the  full cost Of the machine along  with interest  @12 %   simple  interest / annum , machine  will be transferred  to the party .  Minimum   payable   to the CbS every month will be the interest cost   every month on the left over amount.
  10. Billing  etc  will be  done  by  CbS  only  in the name of the customer   directly  till the machine is not transferred to  to the party
  11. Money  will be received   by  CbS  directly   with the  efforts of the  party
  12. The party  will have to  provide the  BG  for the full amount  valid  for a minimum period of  three years  or The  cheque  for the  full amount (good  for payment certified  by bank) towards the Guarantee of the    machine  payment
  13. In case filtration machine is required to be mounted on a vehicle.  Vehicle will be   provided by the   party, scheme  is only  for  filtration machine
  14. Operation  running Transportation to client , general repair  and maintenance  of the machine , Employing the man power   or  any other   direct  or in direct cost  will be the responsibility of the party  only .
  15. All  statuary  regulation  Taxation   papers   etc  will have to be met   by the party only
  16. In case  machine is  required  to be mounted  on a  vehicle , Vehicle  will have to be  provided  by the  interested  party  at his  cost  fully

 General Terms:

  1. Sharing of the revenue  etc  will be  on  the basic   cost    of  filtration   received  from the party  on NRV( net realized  value by the company  after the   removal of  all types of  Taxes . transportation price  adjustment  etc     basis  . No sharing  in the taxes  or  in the  expenses  what  so ever  will be done
  2. In case  of payment of money  from  the customer on progressive   basis , CbS  will  first  recover  its   share   of    taxes  and  expenses. The 60%   share and after that whatever is received will be shared with the Party.
  3. The JVP partner will be required to pay minimum. 50000/= (fifty  thousand   every month)  or  10%  of the bill value  of the    products   whichever is  lower, has  to be  given  every  month.  10  No post dated  cheques (certified  by  banker - Good  for  payment)  in form of  EMI  to be  given in advance.  This   will be adjusted on cumulative basis from the revenue earned   every month.
  4. Special terms  and  conditions will apply  as  per   situations  to situation.
  5. All disputes   subject to Delhi Jurisdiction.