ITI Limited

Corporate Office ,

ITI Bhavan, Doorvaninagar

Bangalore-560016.

Ref: CORFN/Actuary/2015-16/

Sub:Quotations for Actuarial Valuation for the FY 2015-16.

ITI Limited, a Public Sector Undertaking under the Department of Telecommunications,

Ministry of Communications & IT is the leading Telecom Equipment Manufacturer / Turnkey

Solution Provider in India and a major supplier of telecom equipment to BSNL, MTNL,

Defense, Paramilitary, Railways and having its Corporate Office at Bangalore with 6 (six)

Manufacturing Units, 1(one ) Service Unit and 8 (eight) Regional Offices across India

(Mankapur ,Rae Bareli and Naini in UP , Srinagar in J&K, Palakkad in Kerala and Bangalore

Plant in Karnataka.)

As per As-15(revised) valuation on the employees’ retirement benefits has to be conducted by an

actuary. Sealed quotations are called for the actuarial calculation for the FY 2015-16 as per the

following requirement for 5,200/- employees as on 31.03.2016.

1.Measurement Report-Gratuity

2.Disclosure Report-Gratuity

3.Measurement Report-Privilege Leave

4.Measurement Report-Sick Leave

5.Measurement Report-LTC

6.Fee for current & Non-Current Bifurcation

Interested parties are requested to offer their lowest quote by 06/04/2016 3.00 PM to the

following address: The date of opening of the tender is 06/04/2016 3.30 PM. The Approximate

value of the tender is Rs. 1.00 Lakh. NO EMD is being collected.

The validity of the Bid will be 2 months from the date of opening of the tender.

AGM-CF

Corporate Finance

ITI Bhavan,

Doorvaninagar,

Bangalore-560016