Bid No.


Issued By

Nib Insurance Company Sh. Co.

Bid Doc. Price

Birr 200.00

Published Date

December 29, 2007

Opening Date

See detail below


Bid Category




To: All national contractors of category GC/BC Class 4 and above with VAT registration, renewed license and registration certificate valid for the year 2007.

1.      Nib Insurance Company (Sh. Co.) now invites wax-sealed bids from eligible bidders for furnishing the necessary labour, material and equipment for the construction of multipurpose warehouse and recovery building in Kality sub-city, Addis Ababa.

2.      A complete set of bid document may be purchased by any interested eligible bidders from Companies Head Office located at the second floor, Room No. 206 in Dembel City Center, Addis Ababa, upon payment of non-refundable birr 200.00 (Two Hundred).

3.      All bids must be accompanied by a bid security, in an acceptable form (Cash, CPO or bank guarantee) of 1% prepared in the name must be submitted on or before 12:00 A.M. at the 15th calendar day beginning from the first date of advertisement at the address specified in Item 2 above.

4.      Bids will be opened and read in the presence of bidders or their authorized representatives who choose to attend at 2:00 P.M. the same day at the address specified in item 2 above.

5.      If the submission date stated in item 2 is not working day, the submission date will  be the next working day at same hour.

6.      The bid shall be submitted in a separate wax-sealed envelope containing one Original and one Copy.

7.      Bid bond shall remain in force for 90 calendar days from the bid opening date and shall be in a separate envelope.

8.      The successful bidder shall be required to furnish a performance bond in the sum of 10% of the gross bid sum within 15 days.

9.      Bidders are noted that they must read and comply in full with the INSTRUCTION TO BIDDERS.

10.  Bidders may obtain further information from and inspect and inquire the bid from the office specified in item 2.

11.  Nib Insurance Company (Sh. Co.) reserves the right to reject any or all bids.

Nib Insurance Company (Sh. Co.)
General Managerís Office
Tel: 01 15 52 81 95 Or 42 81 96
P.O. Box 285
Addis Ababa


Bids (Tenders) are obtained from "The Ethiopian Herald" which is published by Ethiopian Press Agency. All rights reserved.

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