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Selective Tender No. 508658 / August 10,2021

Turnkey EPC Contract for AMB International Hotel

The AMB Corp. invites all experienced construction contractors with grade one in Azerbaijan and Turkey for cooperation in the AMB Hotels & Resorts construction projects under the following conditions:

LOCATION OF THE PROJECT

Azerbaijan Baku

Baku

Baku

Projects
Hanover

Hanover

Projects
Belgrade

Belgrade

Projects
Moscow

Moscow

Projects
Trabzon

Trabzon

Projects
Batumi

Batumi

Projects
Izmir

Izmir

Projects
Tbilisi

Tbilisi

Projects
Derbent

Derbent

Projects
Aktau

Aktau

Projects
Tashkent

Tashkent

Projects

Building area of the project:

The area of project may vary from 9000 to 12000 square meters and between 10 to 16 floors and is designed according to international hotel standards and constructed in compliance with the national regulation of the Republic of Azerbaijan.


TYPE OF CONTRACT

The cooperation is developed in for of a Turnkey Engineering Procurement and Construction (Trunkey EPC) contract, initiated by signing an MOU.


PAYMENT TERMS

The employer will deposit $ 5 Millon of the total project fund to the contractor’s bank account in advance after signing the MOU, and the rest of the funds will be paid to the contractor according to 3-months project status report after the land is purchased, construction permits are obtained, project construction plans are completed, and vendor lists of equipment and material are prepared by the contractor, and the Turnkey EPC contract is signed, provided that the contractor:

  1. Complete the CIS form attached;
  2. The contractor shall present a Bank Comfort Letter addressed to the AMB Hotels & Resorts company approving that the contractor is a creditable client, having an average turnover of at least $ 5 M over the last three years and an account balance of at least $ 100,000.00;
  3. Send AMB an official letter/email, approving this tender’s provisions;
  4. Send AMB their company registration document, licenses, and certificates in full detail;
  5. Present the company tax records for the last three years;
  6. Send AMB their resume, including the projects they have carried out in terms of area, floors, and capital;
  7. Introduce their duly authorized representative for signing the MOU in Azerbaijan or Turkey.

TOTAL AMOUNT OF CONTRACT

The total amount of the contract for The project is $ 14- 16 million, which is finalized once the project construction plans are completed and vendor lists of equipment and interior decoration and furniture are prepared and costs of project consultants and supervisors and the bank charges and license and permit costs are calculated and the project land costs are estimated.


MOU TERMS

  1. The MOU contract will be signed between the Azerbaijan AMB Hotels & Resorts company and the contractor.
  2. As soon as the contractor receives the project funds in their bank account mentioned in CIS, they shall issue a BG/SBLC equivalent to the Project Funds transferred to the contractor’s bank account in the favor of the employer.
  3. The project status report is presented by the contractor every three months and is paid after being review and confirmed by employer.
  4. The BG/SBLC shall be renewed and amortized annually according to the project’s physical progress which includes all costs related to land purchase, obtaining construction permits, bank fees and bank transmission charges for the project funds, financial and economic consultants, insurance, brokers, and other expenses required in the construction of the hotel.

For more information regarding the projects, please visit www.ambhotels.org or contact This email address is being protected from spambots. You need JavaScript enabled to view it..