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BIM grants its facilities within framework of approved
assignments and is dependent on primary capital of applicant and actual
progress of project, and based on consultant report and project specialist
approval.
By preparation of required executing possibilities and by BIM
recognition, facility payment will be started gradually through
opening local and foreign L/C for regular capital of project articles
and flowing capital for provision of raw materials.
In this case the rules for supervision on L/C would be based on
Assignments of Central Bank of Iran and official rules of
International Chamber of Commerce (INCOTERMS).
The pay-back period for facility will assign with respect to the
contract considered time. A comprehensive supervision on project will
be performed during pay-back period.
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