NATIONAL BACK OF ETHIOPIA
Invitation for Bid application of Fertilizer
The Federal Democratic Republic of Ethiopia has allocated foreign currency for the important of fertilizer.
The National Bank of Ethiopia hereby invites all interested eligible importers to submit their offer for the important of 50.000 MT + 15% UREA, fertilizer in two lots. Please note that insurance will be covered locally by the purchaser with price to be quoted C & F Djibouti liner out term.
Detail guidelines and standard bid documents can be collected against payment of non-refundable Birr 400.00 or USD 50.00 from the International Banking Operation Department, National Bank of Ethiopia, located in the Development Bank of Ethiopia premises.
All eligible importers must submit unconditional proof of financial capability from their bank for the lead to an automatic rejection.
All bids shall be submitted in sealed envelopes marked ?Application for Foreign Exchange Fertilizer Facility IFB No. NBE/FEFF/ ICB/52/2004? and addressed to NBE, Foreign Exchange Fertilizer Facility Committee, Addis Ababa.
All bids must be accompanied by a 2% bid bond of the importer value in an acceptable form such as: CPO, or Bank Guarantee only and must be submitted on or before 2:00 P.M. Feb 1, 2005 which is the closing and opening date of the tender.
Bids shall also be accompanied by overseas supplier?s bid security equivalent of USD 1 per MT in the form of Bank Guarantee.
Bids shall be opened and read in the presence of bidders or their authorized representatives at 2:00 P.M. on Feb 1, 2005 at the International Banking Operations Department of NBE, located at the 1st Floor of the Development Bank of Ethiopia premises.
The Bank reserves the right to reject or accept any or all of the bids.
The National Bank of Ethiopian
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