OREANDA-NEWS. November 29, 2007. Tender procedures for establishment of a processing system in the Head Office of Kapital Bank will be held in accordance with the Law of the Azerbaijan Republic “On the State purchases”. Interested participants of the tender can buy a package of major tender conditions in Azerbaijani language (translated into Russian) by sending a written notification to the following address and by paying unreturned 500 Euro for the right of participation. Payment can be made through transaction to the account or by cash in any branch of Kapital Bank:


Correspondent Bank:              COMMERZBANK AG,
                                                     FRANKFURT AM MAIN DE
                                                     SWIFT: COBADEFF
Corr.Account:                            400886714501 EUR
Bank-beneficiary:                      KAPITAL BANK,
                                                     AZERBAIJAN BAKU
                                                     SWIFT: AIIBAZ2XXXX
Beneficiary:                                 KAPITAL BANK,
                                                      AZERBAIJAN BAKU
                                                      SWIFT: AIIBAZ2XXXX
Account of Beneficiary:             45110019781000013000


In the process of assessment preference will be given to the following criterion: low price, high quality, fulfillment of a contract in time, experience in similar activities and financial stand. For detailed information on the tender please contact Ali Akhundov, IT department director or Azer Akperov, deputy director of plastic cards and retail department from 09.00 to 18.00; phones: (+99412) 498 66 85, 493 47 98, address: Baku, Fizuli, 71 Head Office, 5th floor.

Those who apply should submit the following documents on official sealed paper forms:
- Written apply for participation
- Banking document on payment of participation rights
- Reference on financial stand for the last year
- Legal status of the unit, country of registration and requisites
- Info on potential possibilities for implementation of works
- Tender proposals (valid at least during 30 banking days from the date of envelop disclosure)
- Banking collateral on the second stage equal to 1% of the tender proposal (should be submitted at least within 60 banking days from the date of the tender procedure with the attached tender proposal. In case of absence of the banking collateral the tender proposal is declared invalid and can’t be assessed).
- Reference on absence of overdue obligations on taxes and other obligatory payments

Tender procedures will be held through 2 stages. On the first stage the tender proposal will consist of technical proposal; price is not include here. In the process of analysis of the tender proposals participants submitted proposals that meet minimal professional requirements and possess sufficient technical criterion will be invited to join further meetings.
Participants submitted the tender proposals which meet the formal requirements will receive an invitation for joining the second stage.

The tender proposals of the first stage in two-sided signed and sealed envelops should be submitted to the above indicated address on 26 December 2007 at 18.00. Envelops submitted after the deadline will be returned untouched and sealed.

Envelops with the tender proposal will be disclosed on 27 December 2007 at 15.00 in the above indicated address Baku, Fizulu str. 71, Head Office, 4th floor, office of the tender commission’s chairman.
Your authorized representative can participate in the procedure of envelops’ disclosure.