1. In accordance with Decree of Interim Government of the Kyrgyz Republic ВП No. 56 dated 07.06.2010, Resolution of the Interim Government of the Kyrgyz Republic ВП No. 94 dated 20.06.2010, The Ministry of State Property of the Kyrgyz Republic invites eligible participants to present their bids for participation in tender on selection of international auditing companies for determination of cost rate of 100% shares of “AsiaUniversalBank” OJSC.

2. Contender should point out the sum and execution period of services on determination of cost of shares of AsiaUniversalBank” OJSC in his bid, those providing with qualitative and reliable performance of services, starting from the day of making of purchase agreement.

3. Payment of services for determination of cost rate of 100% shares of “AsiaUniversalBank” OJSC is carried out from the funds of the republican budget.

4. Interested eligible Contenders are able to get additional information, to get familiar with and to acquire full package of documentation on carried out tender upon availability of written claim and after introduction of non-recoverable payment at the rate of 500000 KGS or in US dollars at the rate of National Bank of the Kyrgyz Republic as of the date of payment in cash or non-cash form of payment by means of funds transfer on bank account of the Ministry of State Property of the Kyrgyz Republic at the following address:

151 Moskovskaya St., Bishkek, 720017, Kyrgyz Republic
Telephone: +996 (312) 61 5183; +996 (312) 61 5262;
Fax: +996 (312) 615183       

5. All Contenders to the tender participation must provide their bids in official (Russian) language of the Kyrgyz Republic along with security deposit of the bid at the rate of 500000 (five hundred thousands) KGS or in US dollars at the rate of National Bank of the Kyrgyz Republic as of the date of payment in cash or non-cash form of payment according to bank details specified in current announcement not latter than 15:00 (local time) 01.09.2010 at the following address: room 309, 151 Moskovskaya St., Bishkek, 720017, Kyrgyz Republic. Validity of the security deposit of the bid should be effective not less than two weeks on the expiry of the validity of the bids. All bids submitted at a later date of the indicated period will be dismissed and returned back to Contenders not opened.

Accountable account of the Ministry of State Property:
Pervomaisky ROK-2
Account: 1290522382810057/202802429
Bank: Bishkek branch of “RSK Bank” OJSC
BIC: 129052   TIN: 00405200110158
State Tax Inspectorate of the Pervomaisky district

“Aiyl Bank” OJSC
Adress: 50 Pushkin St., Bishkek, 720001, Kyrgyz Republic
Bank details for payment in US Dollars:
Account No.: 30111840810000243401
“Promsvyazbank” OJSC
SWIFT: PRMSRUMM
Via their acc. No.: 04410090 with Deutsche Bank Trust Company Americas
New York, USA; SWIFT: BKTR US 33
“Aiyl Bank” JSC, Bishkek, Kyrgyz Republic
SWIFT: AIYLKG22
Account: 1350100024039054
BENEFICIARY: Ministry of State Property  

6. Bids will be opened by Tender Board in the presence of representatives of the participants, those who would like to take part in it at 15:00 (local time) 01.09.2010 at the following address: 151 Moskovskaya St., Bishkek, 720017, Kyrgyz Republic conference hall of the Ministry of State Property of the Kyrgyz Republic.

7. All companies are allowed to participate in tender on selection of international auditing companies for determination of cost rate of shares of “AsiaUniversalBank” OJSC irrespectively of the country of registration of the company.

8. In tender can participate only those companies which are registered in accordance with legislation of the Kyrgyz Republic and having license to carry out auditing activities, not less that 5 (five) years of experience working in the market, having good business reputation and not less than 1000000 US Dollars of annual turnover, having experience in rendering of services in the sphere of assessment.

Criterion and selection terms of International Auditing Company on determination of cost rate of 100% shares of “AsiaUniversalBank” OJSC

- Contender should have professional, technical competence, experience and reputation, financial resources, equipment and other material capabilities essential for carrying out of purchase agreement in accordance with requirements of the tender documentation;

- Contender should have availability of certificate of advanced training in the last 5 (five) years in the sphere of international standards of financial accountability or rendering of assessment services in the sphere of assessment;

- Contender should not be non-patentable, a bankrupt, his property should not be under judicial review, court or assignee by court should not manage his business, his business activities should not be suspended and it is not subject to such judicial proceedings;

- Tax liabilities and other compulsory payments in Kyrgyz Republic should be effected by the Contender;

- Contender and/or his managing employees in the course of three years ahead of beginning of purchase procedure should not be engaged in false statement or misrepresentation of facts or misrepresentation in connection with their qualification facts with the aim of making purchase agreement;

- Contender should be legally qualified to make purchase agreement;

- Tender board has a right to put aside Contender from participation in the procedure of purchasing in the event of submission of misleading information;

- Any changes of subject matter of bids are not allowed, including change of price in respect of bid presented;

- The winning bid is considered to be the bid that essentially meets the requirements of tender documentation and that has the lowest assessed value;

- Participant of the tender acquires the status of Contender from the moment of acquisition of tender documentation. The status of Contender cease to be according to his will at any preparatory stage as well as upon not depositing security deposit of a bid at the time of submission of a bid and in consequence of violation of a Kyrgyz Republic law “About public purchases” or any other known to him conditions of a tender;

Tender board makes a decision about return of security deposit of a bid in the event of:

- Expiry of validity of security deposit of a bid specified in tender documentation;

- Making of purchase agreement and submission of security deposit of implementation of an agreement;

- Withdrawal of a bid prior to bid submission deadline;

- Termination of purchase procedures without making purchase agreement.

- Contender falls from a right to return security deposit of a bid in the event of refusal to sign an agreement under the terms and conditions specified in a bid submitted by him, refusal to provide with security deposit of implementation of an agreement and withdrawal of a bid by Contender after its opening and prior to its expiry of validity.

/signed/                                  /signed/

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