oil fund


Tender Announcement

15 Sep 2005 11:00:00

Tender Announcement

15 Sep 2005 11:00:00
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) announces an open tender to procure in accordance with the law of the Republic of Azerbaijan on State Procurement the services of a global custodian.

The tender is open for financial institutions specialized in provision of comprehensive custody services and having long-term credit rating not less than Moody’s Aa3, Standard and Poor’s AA-, Fitch’s AA-.

Expression of interest of those interested to participate shall reach SOFAZ by the latest 18:00 local time on September 20, 2005 by fax or e-mail. SOFAZ will send at no charge to all those who expressed interest to bid by e-mail or courier post a formal SOFAZ Request for Proposal (RFP) and accompanying bidding documents by September 27, 2005.

SOFAZ has set October 26, 2005 15:00 local time as a deadline (closing date) for submission of proposals in response to RFP.

Bids shall be sent to SOFAZ address at 20, Bulbul avenue, Baku, Azerbaijan, post code AZ1014. Bids opening will take place at 11:00 local time on October 27, 2005 in the administrative building of SOFAZ.

Questions and inquiries regarding RFP shall be emailed to office@oilfund.az or faxed to 4905842, 4905732.

Information on SOFAZ can be obtained from SOFAZ official website www.oilfund.az.

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