CAPITAL BANK SETS TO APPRAISAL OF BIDS ON WB PROJECTS
The state bank sets to the appraisal of bids on purchase of software, paid within the World BankвЂ™s (WB) credit вЂ�Financial Sector Technical AssistanceвЂ™ (FSTA).
Four companies such as Turkish Ilyas, Indian Iflex, Russian TSEFTA and French Bul presented their bids, Rauf Rzayev, the chairman of the Board, told Trend
вЂњAccording to the previous decision, the Infosys Technology Company was due to supply software, but the contract with company was terminated as it envisaged only supply of major book without modules,вЂќ Rzayev said.
The value of the contract with the UK-Indian Infosys Technology Company, which was to start in September 2004, was $918,000.