The Administration For Capital Projects Tender

The Purpose Of This Procurement Process Is The Procurement Of Works Related To The Adaptation Of Nine Vet Schools In Montenegro. The Borrower (montenegro, Represented By The Minister Of Finance On Behalf Of The Government As The Representative Of Montenegro) Has Applied For Financing From The European Investment Bank In An Amount Equal To Eur 18.000.000, Toward The Montenegro Education Programme. The Borrower Intends To Apply A Portion Of The Funds To Eligible Payments Under The Contract(s) For Which The Contract Notice Is Issued. Additional Funding Is Provided By Western Balkans Investment Framework. Based On The Cooperation Agreement No. Aa-010294-001 The Capital Projects Administration Will Act As The Contracting Authority While Ministry Of Education, Science And Innovation Of Montenegro Is Promoter. The Procurement Method Is: Open International Procurement Procedure. The Procurement Procedure Will Be Carried Out In Line With Eib Guide To Procurement For Projects Financed By The Eib (gtp) Accessible At: Https://www.eib.org/en/publications/guide-to-procurement.htm . Procurement Of Works Is Not Divided Into Lots. Bid Security Shall Be Submitted In The Amount Of Eur 97.000. The Bid Price (excluding Contingency Of 10% And Vat) Must Not Exceed The Estimated Total Value Given In This Contract Notice. The Bid Price (excluding Contingency Of 10% And Vat) Exceeding The Total Value Stated In The Contract Notice (i.e Eur 4,850,354) Will Be Rejected. Estimated Price (excluding Contingency Of 10% And Vat) Is Equal To Eur 4,850,354 And Will Be Financed As Follows: -contribution From Eib Loan Fund Is Equal To Eur 2,484,162 -contribution From Montenegro Fund Is Equal To Eur 1,423,757 -contribution From Wbif Fund Equal To Eur 942,435 Is Fixed And Cannot Be Exceeded In Particular Taking Into Consideration If There Will Be A Need To Use Contingency Of 10 %, The Bank Shall Not Provide Or Otherwise Make Funds Available, Directly Or Indirectly, To Or For The Benefit Of An Individual Or Entity That Is Subject To Financial Sanctions Imposed By The Eu (pursuant To Chapter 2 Of Title V Of The Teu And The Objectives Of The Common Foreign And Security Policy Set Out In Article 21 Of The Teu And Article 215 Of The Tfeu.), Either Autonomously Or Pursuant To The Financial Sanctions Decided By The United Nations Security Council On The Basis Of Article 41 Of The Un Charter. In Addition, Individuals Or Firms May Not Be Eligible To Tender In Application Of Guide To Procurement For Project Financed By The Eib, Section 1.4 On Ethical Conduct.. The Procurement Is Related To A Project And/or Programme Financed By European Union Funds: Yes