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SOFAZ announces insurance tenders

Business Materials 22 January 2016 17:22 (UTC +04:00)
Azerbaijani State Oil Fund (SOFAZ) announced an open tender for insurance services of its new administrative building in Baku and technical buildings in its territory.

Baku, Azerbaijan, Jan. 22

By Maksim Tsurkov - Trend:

Azerbaijani State Oil Fund (SOFAZ) announced an open tender for insurance services of its new administrative building in Baku and technical buildings in its territory, the Fund's tender commission said Jan. 22.

It is planned to purchase property insurance service for:

- the Fund's 22-storey administrative building, which is located at the address: Baku, Nizami district, 111A, Heydar Aliyev Ave., Nizami district, Baku

- voluntary insurance of movable property

- compulsory insurance of civil liability in connection with the real estate's operation.

Applications and other documents are accepted until 18:00 (UTC/GMT+4 hours) Feb. 25, 2016.

Bids with a bank guarantee in the amount of one percent of the proposals' value should be submitted until 18:00 (GMT+4), March 3, at: 111A, Heydar Aliyev Ave., Baku.

Additional information can be obtained from:
Phone: (+994 12) 498 77 53 (int. 1007)
Fax: (+994 12) 565 87 55
Contact person: Gulnar Meshediyeva
E-mail: [email protected]

SOFAZ was established in 1999, and its assets were equal to $271 million that period.

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Follow the author on Twitter: @MaksimTsurkov

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