Partnership for Development (PFD)
Offset Obligations Under the Oman Authority of Partnership for Development
The PFD Obligations Apply to:
- Infrastructure contracts in excess of OMR 5,000,000.
- Military or security equipment contracts in excess of OMR 5,000,000.
- Situations in which a contractor is awarded several contracts the cumulative value of which exceeds OMR 5,000,000 in a period of two years.
- Contracts with multiple contractors where the value exceeds OMR 5,000,000; in such cases the PFD or offset obligation will be distributed on a pro-rata basis.
The PFD Program
The PFD program aims to generate long-term self-sufficient projects that would diversify the sources of national income, support strategic sectors of the economy, enhance Oman’s defence and security capabilities, train Omani nationals, create job opportunities and strengthen the private sector. Put another way, offset agreements are meant to create local joint ventures that will create high-paying jobs for locals, while generating profit and export revenue. Every PFD project must be sustainable beyond the obligation period of the offset agreement and be fulfilled by the contractor.
Projects Implementation Sectors
- Military and security Sector
- Privet Sector
- Human Resources sector
