Here is the organized summary of the National Competitive Bid (NCB) invitation from Siinqee Bank S.C. for the construction of the Oda Tower Building Expansion.
🏦 Siinqee Bank S.C.: Invitation to Bid for Construction Works
📌 Project Details
| Procurement Reference No. |
Project Description |
Location |
| NCB/29/2025/26 |
Construction Works of 2B + SB + G + 10 Oda Tower Building Expansion |
Finfinnee (Addis Ababa) |
📅 Key Dates and Deadlines (2025 G.C.)
| Action |
Date |
Time (EAT) |
Location |
| Bid Closing Date |
December 24 |
2:30 PM |
Siinqee Bank, Oda Tower, 5th floor |
| Bid Opening Date |
December 24 |
3:00 PM |
Siinqee Bank, Company’s Meeting Hall (7th floor) |
Note: If the closing/opening date falls on a public holiday, the event will be held on the next working day at the same time and venue.
📜 Eligibility and Submission Requirements
1. Eligibility Criteria
Bidders must be eligible and qualified GC/BC 1 (General Contractor/Building Contractor, Grade 1).
2. Bid Document Purchase
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Fee: ETB 3,000 (Three Thousand only), non-refundable.
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Collection: Upon submission of a written application and copies of mandatory legal documents (listed below) at Siinqee Bank, Kazanchis, Odaa Tower, 5th floor.
3. Mandatory Legal Documents (Originals and Copies Required)
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Ministry of Construction registration certificate (GC/BC 1 as stated above).
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Renewed Trade License.
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Tax Clearness Certificate.
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TIN Number certificate.
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VAT Registered Certificate.
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Proof of up-to-date registered certificate from Authorized Business Licenser.
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Supplier list Registration on PPA Websites.
4. Bid Security
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Amount: ETB 2,000,000.00 (Two Million).
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Form: Cash Payment Order (CPO) or an Unconditional Bank Guarantee by any Ethiopian bank.
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Validity: Must be valid for 180 days after the bid opening date.
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Submission: Must be wax-sealed and included in the Technical Proposal envelope.
5. Submission Format (Two-Stage Envelope Procedure)
The bid must consist of one original and one copy and follow a two-stage process:
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First Envelope (“Technical Proposal”):
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Must contain the Preliminary Qualification documents, Technical Proposal (ITB Section-4), and the Bid Security.
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Must be wax-sealed and clearly marked.
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Second Envelope (“Financial Proposal”):
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Outer Envelope:
6. Evaluation and Rebates
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Evaluation will be carried out in two stages: Technical first, then Financial.
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The Financial Proposals of bidders who fail the technical requirements will be returned unopened.
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Rebates will not be accepted from selected items of work; if a bidder offers a rebate, it must be from the total sum.
📞 Address and Contact Information
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Address: Siinqee Bank, Kazanchis, Odaa Tower, 5th floor, Finfinnee (Addis Ababa), Ethiopia.
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Telephone: +251 5571174 / 0937