IAS_form by nuhman10

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									            BUILDING AND CONSTRUCTION AUTHORITY
                          INVESTMENT ALLOWANCE




                                APPLICATION FORM
                                (Revised on 1 April 2011)




IAS Application Form –1 April 2011
PART I – COMPANY DATA


                    APPLICATION FOR INVESTMENT ALLOWANCE

 FOR OFFICIAL USE                              IA CASE NO:
 Date of Application:

 Name of Applicant Firm:

 Address:
                                               Tel:                   Fax:
 Contact details:
                                               Email:


 Details of Contact Person:                    Name:
                                               Designation:
 Country of Incorporation:
 Paid-up Capital of Company:                   S$
 Local Shareholding* :                                        %

 BCA Registration Status :                     Grade:                 Work Head:
 (Please list the 3 highest grades             Grade:                 Work Head:
 registered)                                   Grade:                 Work Head:

 Value of Construction Projects
                                               S$
 completed over the last 3 years:
 Value of Works in Hand                        S$

 * This refers to the lowest percentage of local shareholding in the last 6 months prior to this
 application.


Note:
1. Applications must be received by BCA at least one working day before the
   purchases. Late applications will not be supported.
2. The following documents must be submitted together with this application
   form:
   - Latest ACRA search or Instant Information of Application (not more
      than 6 months old)
   - Technical Brochure of the equipment
   - Quotation from the equipment supplier




IAS Application Form –1 April 2011
3. PART II – DETAILS OF PROPOSED PROJECT

4. Title of Project & Project BP reference number
   Please provide the project title and BP reference number where the new
   equipment/ technology would be used. Describe the type of work that the
   new equipment would be used. Please state which strategic area
   (Construction IT, Buildability or Environment) this application is related to.


5. Description of new equipment/ technology
   Give a concise description of the background, scope and objectives for the
   equipment to be purchased.

    Describe the technical features, state of technology of the new equipment
    to be purchased as compared to current norms.


6. Deployment of the New Equipment
   Explain how the new equipment would be deployed in office or
   construction projects. Elaborate the shortcoming(s) of current equipment /
   practices and how the new equipment, stating the technical features, that
   would help in the productivity improvement.


7. Impact on the Company's Future Operations, Business, etc. as a
   Result of Implementation of the Project

a) Improvement in Productivity1
   Please state the current productivity (showing the unit) and the estimated
   productivity to a construction project or your company as a whole. Support
   will be provided if the improvement is more than 20%.

    Current project / Company               Estimated project /                 Productivity
           productivity                   company productivity if            improvement (%)
     (delete whichever not applicable)    new equipment is used                [(a) – (b)]/(a)
                      (a)                (delete whichever not applicable)
                                     2
    (please state the unit, manday/m                    (b)
    or equivalent)                             (please state the unit)


                                                                    2
        Note: Productivity is measured in terms of manday/m or equivalent. 1 man-day
        refers to 8 man-hours. For example, if a worker works 10 hours per day for 16 days,
        the manpower should be reported as (10 x 16)/8 = 20 man-days.

b) Improvement in Quality1,2
   Please state the cost saving if the new equipment is used to achieve the
   desired level of quality for a construction project or your company as a
   whole.




IAS Application Form –1 April 2011
       Cost currently incurred             Estimated cost incurred                Cost
       for a project / company            for a project / company if             saving
      (delete whichever not applicable)    new equipment is used                  (%)
                                          (delete whichever not applicable)




c) Improvement to Environment1,3
   Please state impact of the new equipment on environment in a
   construction project or your company as a whole.

         Current impact to a                Estimated impact to a             Improvement
         project / company                 project / company if new               (%)
      (delete whichever not applicable)       equipment is used
                                          (delete whichever not applicable)



d) New Capabilities/Competencies Which Will be Developed
   Please describe the new capabilities/competencies the company will
   develop.

e) Any other improvements, if any.


Note: 1- to substantiate with quantitative information.
      2- include cost of rectification works / rejects, cost of delay in delivery or other
          similar costs.
      3- include volume and cost of waste disposal, level of noise/ air pollution or
          other similar costs.

5 Summary of Equipment Costs

  Expected Date        Equipment             No. of        Expected       Expected     Cash/ * Hire
  of Purchase          Description           Units         Unit Value Total Value      Purchase
  (within 3            (supplier, brand,                   ($)            ($)
  months from          model)                              – state exchange rate if
  date of                                                  it is in foreign currency
  application)




    *Please indicated Hire Purchase period.




IAS Application Form –1 April 2011
PART III – DECLARATIONS

1. I declare that the Company has been granted the following incentives* for this project:




2. I declare that the Company has applied/is applying for the following incentives* for this
   project:




3. Please list any incentives that the Company is currently enjoying:




4. I declare that the facts stated in this application and the accompanying information are true,
   and that the company is free from any litigation pertaining to the project in Singapore or
   overseas. The Board reserves the right to withdraw its support under the scheme and to
   recover all disbursed amounts should any declared information be found to be falsified or
   untrue at the time of declaration.




    _________________________                            _________________________
                               #
    Signature of CEO / MD                                Signature of CFO / Accountant #




    ________________________                             ________________________
    Name (in BLOCK LETTERS)                              Name (in BLOCK LETTERS)




    ________________________
    Company Stamp

     Date
    Tel:
    Fax:

*Please indicate incentives/loans etc. administered by Public Agencies.


IAS Application Form –1 April 2011

								
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