27 Jul 2021
DiamondWorld Directory
Home |
Archival
Home
The Diamond Trading Company Extends Supplier of Choice Contract
The extension is to start on 31 March 2011 and run until 30 March 2012.
By: Diamond World News Service
|
May 6 2010 6:58PM
|
Reference: 4927  

DecreaseIncrease

The Diamond Trading Company (DTC) has today announced that all existing Sightholders will be offered a one year extension to their current three-year Supplier of Choice (SoC) contracts. The extension is to start on 31 March 2011 and run until 30 March 2012.

A new, three-year supply contract will now come into effect in 2012. Sightholders and non-Sightholders wishing to apply for DTC supply will be able to do so from Q2 2011.

Varda Shine, CEO of the DTC, said: “By extending the current ITO by one year, we are providing both Sightholders and non-Sightholders with the time they need to focus on recovery. Shine added, “We welcome the interest shown by companies that wished to apply to become Sightholders in 2011. We hope that they understand the necessity of our decision not to run an assessment in 2010. We look forward to engaging with them during the application process for the 2012-2015 contract period, which will take place next year.”

The DTC will be making a further announcement and providing full details of its plans and the terms of the extension, in due course.

Partner DTCs :

The proposed extension to the existing SoC contract will also apply to Sightholders currently receiving Sights in Kimberley.
• DTC Botswana (DTCB) will be proposing to offer to extend its current contract by one year. The extended contract will run from 31 March 2011 to 30 March 2012, at which point it is currently envisaged that DTC Botswana will enter into new three-year SoC contracts with qualifying applicants for the 2012-2015 contract period.

• Namibia DTC (NDTC) will also be proposing to offer to extend its current contract by one year. The extended contract will run from 31 March 2011 to 30 March 2012, at which point it is currently envisaged that NDTC will enter into new three-year Supplier of Choice contracts with qualifying applicants for the 2012-2015 contract period.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Search News by City
Advertisement
Kosher 23460
Advertisement
Kosher 23460
Recent Issue
2021
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 29468
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 5638
GJEPC Chairman Interview
Views: 25839
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 35281
Promo for IJ Awards 2012 at NDTV Profit
Views: 49062
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 62106
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 20032
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 47408
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 46413
Member of:
Supporter of: