Kaampaanii Inshuraansii Oromiyaa W.A.

ኦሮሚያ ኢንሹራንስ ኩባንያ .

Oromia Insurance Company S.C

Invitation to Bid

(National Competitive Bidding)

For Shoring and Excavation Works of Oromia Insurance Company S.C

Headquarters Building Construction Project

1.   The Oromia Insurance Company S.C(OIC) invites interested eligible grade one foundation Specialist Contractors with relevant valid 1icense for the year 2011 Eth.Cal. to submit sealed Bids for the construction and completion of shoring system and excavation works package for its 4B+G+35 Headquarters Building on client’s acquired site near to Mexico Square, in Addis Ababa, Ethiopia. Foreign firms who wish to participate in the bid must have comparable grade, relevant registration & valid 1icense and work  permit to do similar construction business in Ethiopia

2.    The shoring and excavation work shall commence with in seven calendar days after signing of contract and should advance at the pace stated in the bid document.

3.    Acompletesetofbiddingdocumentsin English, maybeobtained by the bidder during working hours upon Payment of a non-refundable fee of Birr 500 (five hundred only) in cash from OIC Head Office 6th Floor from 17th July,2019. Bidders shall purchase the bid document through officially deligated person only.

4.    All bids must be accompanied separately by abid security of Birr 1,000,000.00 (One Million only) in the form ofunconditional and inrrevocable Bank Guarantee or Cashier’s Payment Order (C.P.O) in the format provided in the Bid Document payable to the Client at the first demand without any contestation whatsoever.

5.    Bid shall be submitted at the address below: Oromia Insurance Company S.C

Africa Avenue, Olympia  Area, OIB Building, 2nd Floor, Office No 407/12

P.O.Box10090, Addis Ababa, Ethiopia Telephone No:

+251-115-572-121,  +251-115-586-171,  +251-934-981-734

Fax No:+251-115-572122

6.    The Bid comprising of technical and financial document must be delivered in separate envelops one original and one copy of the document to the addressee given above on or before August 1st 2019 at 3:00 p.m. All copies of the bids shall be submitted in separate envelops i.e. the technical proposal, Financial offer, and Bid Security for the construction work of OIC Headquarters building shoring and escavation and one outer envelope,duly marking the inner envelopes as "ORIGINAL" and "COPY" both for the "The Technical Proposal", "The Financial Proposal. The bid bond shall be part of the technical proposal but in a separate sealed envelope.

7.    Bids will be opened on the August 1st 2019 at 3:00 p.m.

8.       Bids shall be valid for a period of 120 (one hundred twenty) calendar days after Bid opening.

9.       Failer to comply to any of the conditions in items above shall intail automatic rejection;

10.  Oromia Insurance Company S.C reserves the right to accept or reject the bid partially or fully.