Common Market for Eastern and Southern Africa, COMESA,African Union
18-10-2021
Work Detail
Tenders Are Invited For Construction Of Cable Trench For Power Supply Connection To Kilinto Industrial ParkThe Bidding Document In English May Be Purchased By Interested Eligible Bidders Upon The Submission Of A Written Application To The Address Below And Upon Payment Of A Nonrefundable Fee Of Etb 500 00 Five Hundred Ethiopian Birr Bids Must Be Delivered To The Address Below On Or Before 2 30 Pm October 18 2021 Electronic Bidding Will Not Be Permitted Late Bids Will Be Rejected Bids Will Be Publicly Opened In The Presence Of The Bidders Designated Representatives And Anyone Who Chooses To Attend At The Address Below On October 18 2021 At 3 00 PmAll Bids Must Be Accompanied By A Bid Security Amounting Etb 700 000 00The Bidder Shall Demonstrate That It Has Access To Or Has Available Liquid Assets Unencumbered Real Assets Lines Of Credit And Other Financial Means Independent Of Any Contractual Advance Payment Sufficient To Meet The Construction Cash Flow Requirements Estimated As Etb 7 000 000 00 For The Subject Contract S Net Of The BidderS Other CommitmentsThe Bidders Shall Also Demonstrate To The Satisfaction Of The Employer That It Has Adequate Sources Of Finance To Meet The Cash Flow Requirements On Works Currently In Progress And For Future Contract Commitments The Audited Balance Sheets For The Last Three Years Shall Be Submitted And Must Demonstrate The Current Soundness Of The BidderS Financial Position And Indicate Its Prospective Long Term Profitability Minimum Average Annual Construction Turnover Of Etb 53 000 000 00 Calculated As Total Certified Payments Received For Contracts In Progress And Or Completed Within The Last Three Years Divided By Three YearsTwo Contracts Of Similar Nature Each With A Minimum Value Of Etb 35 000 000 00
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