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F404Propulsion Group Sustained (PGS)ANNEX Industrial and Technological Benefits (ITB)Terms and ConditionsTABLE OF CONTENTS 1.×Definitions 2.×Statement of Obligations 3.×Annual reporting 4.×Contract
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How to fill out industrial and technological benefits

01
Start by gathering all necessary information and documents related to the industrial and technological benefits (ITB) program requirements.
02
Review the ITB policy and guidelines provided by the relevant authorities to understand the objectives and criteria for filling out the benefits.
03
Identify the specific ITB obligations and commitments that need to be fulfilled for your project or contract.
04
Develop a strategy and plan to meet or exceed the ITB requirements, taking into consideration your organization's capabilities and resources.
05
Determine the areas or sectors where you can contribute to the local economy and technological development through investments, partnerships, or job creation.
06
Prepare a detailed proposal or action plan that outlines how you intend to fulfill the ITB obligations, including timelines, milestones, and deliverables.
07
Submit the completed ITB proposal or plan to the concerned authorities for approval and review.
08
Upon approval, implement the proposed activities and initiatives as per the agreed-upon timelines and commitments.
09
Keep track of the progress and results achieved in meeting the ITB requirements and prepare periodic reports as required.
10
Maintain open communication and collaboration with the relevant authorities, stakeholders, and partners to ensure transparency and accountability in fulfilling the ITB obligations.

Who needs industrial and technological benefits?

01
Organizations and companies involved in government contracts or projects that have ITB requirements.
02
Government entities and agencies responsible for promoting economic growth, local content development, and technological advancement.
03
Local communities and workforce as they benefit from job creation and increased investment in the local economy.
04
Industries and sectors that require technology transfer, innovation, and knowledge sharing to enhance their competitiveness and capabilities.
05
The overall society as ITB promotes sustainable development, diversification of the economy, and long-term economic benefits.

What is Industrial and Technological Benefits (ITB) Form?

The Industrial and Technological Benefits (ITB) is a fillable form in MS Word extension that should be submitted to the specific address to provide some info. It needs to be completed and signed, which is possible manually, or via a certain solution such as PDFfiller. This tool helps to fill out any PDF or Word document directly in your browser, customize it depending on your requirements and put a legally-binding electronic signature. Right after completion, the user can send the Industrial and Technological Benefits (ITB) to the relevant individual, or multiple individuals via email or fax. The template is printable as well due to PDFfiller feature and options offered for printing out adjustment. Both in digital and in hard copy, your form will have a clean and professional appearance. You may also turn it into a template to use it later, without creating a new document over and over. Just edit the ready form.

Template Industrial and Technological Benefits (ITB) instructions

Before starting to fill out Industrial and Technological Benefits (ITB) Word form, be sure that you prepared all the information required. It's a mandatory part, as far as some typos may bring unpleasant consequences starting with re-submission of the whole entire blank and completing with missing deadlines and even penalties. You need to be really observative filling out the figures. At first sight, it might seem to be very simple. But nevertheless, you can easily make a mistake. Some use such lifehack as storing everything in a separate file or a record book and then attach it's content into document's template. Anyway, put your best with all efforts and present accurate and solid information in your Industrial and Technological Benefits (ITB) word form, and check it twice during the filling out all required fields. If it appears that some mistakes still persist, you can easily make amends when using PDFfiller editor without missing deadlines.

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Industrial and technological benefits refer to the obligations placed on contractors to generate economic benefits in Canada through various activities such as investments, research and development, and the transfer of technology.
Contractors who have been awarded military contracts in Canada are required to file industrial and technological benefits.
Industrial and technological benefits are usually filled out through reporting forms provided by the government. Contractors must provide details of their activities that contribute to the fulfillment of their obligations.
The purpose of industrial and technological benefits is to ensure that Canada benefits economically and technologically from defense procurement contracts by encouraging investments and innovation within the country.
Contractors must report on their investments, research and development activities, technology transfer initiatives, and other contributions they have made to fulfill their industrial and technological benefits obligations.
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