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  • Industrial And Technological Benefits (itb) Transaction Sheet

Get Industrial And Technological Benefits (itb) Transaction Sheet

Industrial and Technological Benefits (ITB) Transaction Sheet *Please complete the yellow highlighted areas. Transaction Sheet Term Sheet Section 1: Transaction overviewTransaction title and number:Date.

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How to fill out the Industrial And Technological Benefits (ITB) Transaction Sheet online

The Industrial And Technological Benefits (ITB) Transaction Sheet is a vital document required for reporting transactions related to industrial and technological benefits. This guide provides clear, step-by-step instructions on how to complete the form accurately and effectively online.

Follow the steps to complete the ITB Transaction Sheet online.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Begin with Section 1: Transaction overview. Input the transaction title and number, date of submission, and authority. Specify the tranche (1, 2, or 3B) relevant to your transaction.
  3. Proceed to Section 2: Contractor information. Fill in details about the Canadian procurement project, including the company name, ITB contact name, email, telephone, address, city, province/state, country, and postal/zip code.
  4. In Section 3: Donor information, provide the company name, ITB contact name, email, telephone, address, city, province/state, country, postal/zip code, a description of core capabilities, tier level, and number of employees.
  5. For Section 4: Recipient information, check 'Same as Donor' if applicable, or fill in the recipient's company name, ITB contact name, email, telephone, address, city, province, country, postal code, and descriptions of core capabilities and transaction quality.
  6. Move to Section 5: Valuation and time phasing. Enter the total of the transaction or initial investment, any applicable multiplier, Canadian content value (CCV), estimated future sales, and the commitment schedule, detailing the period and total CCV.
  7. In Section 6: Transaction details, indicate the types of transactions (direct, indirect, pooled, banked), and provide a description of the transaction along with the value proposition, indicating relevant activities and justifications.
  8. If applicable, fill out Section 7: Consortium member details for any participating companies.
  9. Complete Section 8: Eligibility criteria by addressing causality, timing, incrementality, and eligible donor.
  10. In Section 9: Other, describe any government assistance or participation and provide a CCV overview and level of technology used.
  11. Finally, Section 10: Signatures requires you to sign and confirm the accuracy of the provided information, including your name, company, title, and date.
  12. Once all sections are complete, save your changes, download, print, or share the form as needed.

Start completing your Industrial And Technological Benefits (ITB) Transaction Sheet online today.

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The Industrial and Technological Benefits (ITB) Policy leverages defence and security procurement to create jobs and economic growth. The ITB Policy requires companies awarded defence contracts to do business in Canada equal to the value of their contracts.

The ITB Policy contractually requires companies awarded defence procurement contracts to undertake business activity in Canada equal to the value of the contracts they have won.

What is the Industrial and Technological Benefits Policy? Canada's Industrial and Technological Benefits (ITB) Policy, including the Value Proposition, leverages defence and Canadian Coast Guard procurements to contribute to jobs, innovation and economic growth across the country.

Under the ITB Policy, contractors that bid on major defence contracts must submit an economic proposal to Canada, called a Value Proposition. The Value Proposition is a weighted and rated element of the bid selection process and is scored alongside technical and cost requirements.

“Canadian Content is the portion of the selling price (1) of a product or service that is related to the work performed in Canada. Canadian Content may also be calculated as the selling price less the cost of delivery (2) and indirectly (3) imported materials, labour, services and overhead.”

What are Industrial and Technological Benefits? The Government of Canada's Industrial and Technological Benefits (ITB) Policy was established to promote significant business opportunities for Canadian industry through federal defence and security procurement projects.

What is an Eligible Donor? The ITB Policy allows Prime Contractors to propose a list of major suppliers for a contract that may contribute towards the achievement of the Prime Contractor's ITB obligation. These firms are called Eligible Donors.

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