Norsat Awarded NATO Basic
Ordering Agreement
March 11, 2008
Norsat International Inc. has signed
a Basic Ordering Agreement (BOA)
with NATO's Consultation, Command
and Control Agency (NC3A) for its
OmniLink and GLOBETrekker portable
satellite terminals, as well as its
suite of microwave products.
"Being awarded this BOA opens the
door to a large range of potential
customers for Norsat, as we now have
formal access to new market
opportunities for which we could not
have previously been a contender,"
said Dr. Amiee Chan, president and
CEO Norsat International Inc.
"Although there is no immediate
dollar value tied to this type of
agreement, establishing such
contract vehicles makes it easier
for customers to order products from
Norsat."
A BOA is a procurement vehicle
whereby the contract is negotiated
in advance and placed centrally with
a supplier. The BOA outlines the
clauses that will be applicable to
the future procurement of a
specified range of goods and
services. In the case of NC3A BOAs,
all basic contract provisions are
agreed upon, including prices or a
definitive pricing methodology,
after which NATO, NATO Member
Nations and other eligible
purchasers can place individual
orders against the central contract.
NC3A negotiates all BOAs on behalf
of NATO in accordance with NATO
guidelines and procedures.