Iraqi oil Tankers Company / Basra ( State Company)

 

Announcement

 

Tender No .(1/2014):

Iraqi Oil Company (State Company )wish to announces a tender of insurance for our Four tankers which registered at Iraqi ports .The insurance must include the (Hull and Machinery ),(War Risk)and (P&I) .According to the condition and technical specifications that can be obtained directly by contact companys headquarters located at Basra Saad Square against the sum of (200.000) two hundred thousand Iraqi Dinars non-refundable amount .Those who wish to participate present their bids in two endorse closed envelopes the first envelope ,should contain the technical offer and the second one contain the commercial offer. The commercial offer should include primary money (1%)out of the tender a certified cheque or letter of guarantee issued by approved bank in Iraq .Any offer will be neglected if not fulfill the terms and conditions .The company is not obliged to accept the lowest bid and it will be ignore .The period of purchasing the tender documents start on Tuesday 7/1/2014 and ends on Wednesday 15/1/2014.The last dead time is on Monday20/1/2014 at Twelve oclock noontime .Those who take the offer have to pay the cost of publication .All participating can attending on the opening date .Noted that the yearly estimated total coast of the annual insurance is USD (550.000)five hundred and fifty thousand Dollars.

-For further information ,please visit our website:

www.iotc-basra.com

and contact us on our e-mail:

E-MAIL.iotc-basra@yahoo.com

info@iotc-basra.com

-Note the validity of the tender bids three months from the closing date .

 

 

 

Falah J. AL Amery

D. General