Regulation
Companies participating or seeking to participate in a tender in Israel, must be familiar with Israel’s regulatory authorities. Our firm provides the support and services required when working with Israeli government agencies and regulatory authorities. This includes working with the Industrial Cooperation Authority (ICA) at the Ministry of Economy, preparing and obtaining approvals for your project, regular reports to the Ministry of Economy, working with the Standards Institute and other government agencies.
ICA - Industrial Cooperation Authority
Companies seeking to participate in government agencies’ tenders are required to comply with ICA requirements starting from a certain financial value. The minimum value for this requirement varies depending on the location of the bidding company. Our firm has extensive experience and knowledge of the system, which serves to maximize the recognition of your investment or reciprocal buying in Israel, so that the financial impact on your company will be as small as possible. We assist and support you in the process of submitting your plan, communicating and negotiating with the Ministry of Economy, and in the process of implementation and reporting once you are awarded the tender.
Handle local regulation
As part of your activity in Israel, you may be required to work with regulatory agencies in addition to the Ministry of Economy. We provide assistance in the process of working with such agencies and authorities in Israel, adhering to standards if necessary, engaging in contracts, providing guarantees, complying with requirements, etc.
Follow-up on projects and tenders
Once awarded a tender, awardees must maintain regular communication with the various agencies in Israel. To keep your mind at ease and focused solely on the execution of your project, we handle all communications with the relevant agencies, submit ongoing reports, handle negotiations in case changes are required, and serve as your regular contact to handle all matters with any authority.
