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IBA opens tender to implement int’l financial reporting standards

Economy Materials 6 April 2018 16:09 (UTC +04:00)

Baku, Azerbaijan, April 6

By Ilkin Shafiyev – Trend:

The International Bank of Azerbaijan (IBA) has announced a tender for purchase of services related to implementation of international financial reporting standards.

The tender participation fee is 100 manats, which should be transferred to the following accounts: AZ12IBAZ34501019440000100100 AZN; AZ33IBAZ34511018400000100100 USD

Taxpayer Identification Number (TIN): 9900001881

Bank: International Bank of Azerbaijan

Code: 805250

Swift Code: IBAZAZ2X

Correspondent Account: AZ03NABZ01350100000000002944

Bidders should submit the following documents:

- a written application for participation in the tender;

- a bank check on transfer of participation fee;

- tender proposal (must be valid for 30 days from the date of opening the envelope);

- 1-percent bank guarantee (must be valid for 60 banking days from the date of opening the envelope);

- certificate on absence of tax arrears and other overdue obligations from the Ministry of Taxes of Azerbaijan;

- a copy of financial statement for the last one year of activity confirmed by tax authorities;

- bank statement on financial condition for 2017;

- company full name, legal status, charter, country of registration, and details;

- certificates of origin and conformity to the relevant goods;

- other documents.

Bidders must submit the abovementioned documents (excluding the tender proposal and bank guarantee) until 17:00 (GMT +4), April 20, and the tender proposal and bank guarantee in a sealed envelope until 17:00, April 26 at: 67 Nizami Str., Baku.

Contact person: Emin Ibrahimov

Phone: (+994 12) 493-00-91 (ext.: 2700, 2703)

Email: [email protected]

Tender envelopes will be opened at 11:00 on April 27.

Authorized representatives of applicants can take part in the tender.

(1.7 AZN = 1 USD on April 6)

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