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Azerbaijan’s central bank announces tender

Business Materials 8 June 2016 17:17 (UTC +04:00)

Baku, Azerbaijan, June 8

By Azad Hasanli - Trend:

The Central Bank of Azerbaijan (CBA) has announced a tender for rendering the services on a package of insurance of fixed assets, cash and vehicles (CASCO), said a message of the tender commission June 8.

The tender participation fee hits 200 manat. The bids with a bank guarantee in the amount of one percent of their value will be accepted till July 26, 2016 and other documents - till July 15, 2016. The bids will be opened on July 27.

The official exchange rate is 1.5054 AZN/USD on June 8.

The bidders' total capital must meet the requirements of the finance ministry and must not be less than five million manat.

According to the terms of the tender, the winner must begin rendering services from November 1, 2016, while CASCO services - from January 25, 2017. The services will be rendered during the year.

for additional information:

phone: (+994 12) 493-11-22 (ext. 599);

contact person: Jeyhun Samandov (administrative department representative);

phone: (+994 12) 493-11-22 (ext. 428);

contact person: Elvin Shirdanov (legal department representative).

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