INVITATION TO NATIONAL COMPETITIVE BID

FOR THE PROCUREMENT OF POS MACHINES

Bid Ref. No. TB/15/2022/23 (Rebid)

Tsehay Bank is a private commercial bank established as a commercial banking business with license number LBB/027/2022 issued under NBE proclamation No.592/2008 and has commenced operation on July 23, 2022, with the opening of 30 branches in Addis Ababa and outside Addis Ababa. The bank has planned to expand its market share and reach its potential customers by increasing its branches through the opening of additional 100 branches throughout the country and currently working to expand its service diversity with the application of digital banking services using the latest financial technology system. With this ambition, Tsehay Bank would like to invite sealed bids from eligible bidders for the procurement of POS MACHINES through a national open tender by using the under listed information

1. Interested eligible bidders can purchase a complete set of bidding documents against a non-refundable payment of Birr 200.00 (Birr Two Hundred) being deposited at Tsehay Bank account number 1000033657.
2. Bidders can obtain the Bid document commencing from April 10, 2023, during office hours from Monday to Friday: Moring 8:00 am – 12:00 am and Afternoon 1:00 pm -5:00 Pm and Saturday: 8:00 am – 12:00 am, from the address mentioned below

Address: Tsehay Bank, Procurement Division, located around Beklobet, Meaza Desalegn Building (In front of Ethiopia Hotel #2), 5th floor.

3. For eligibility, bidders should bring a copy of their renewed Trade license, Professional License, certificate of registration, Taxpayer registration certificate, Value added tax certificate, and tax clearance certificate.
4. Bidders are expected to have a proven experience that can be supported with recommendations and relevant testimonials;
5. Bid proposal must be sealed and submitted during office hours at the address mentioned under number 2 before the bid closing date and time.
6. Bid proposal must be accompanied by a bid bond of Birr 50,000.00 (Birr Fifty Thousand) in the form of CPO or unconditional bank guarantee valid for not less than 90 days from the date of bid opening.
7. This bid will be closed on April 19, 2023, at 03:00 PM and will be opened on April 19, 2023, at 03:15 PM in the presence of bidders or their representatives who choose to attend at the address mentioned under number 2 above.
8. Bidders are advised to review the bid document carefully before submitting their bids and failure to observe the instructions and conditions in the bidding document will constitute grounds for rejection.
9. The Bank reserves the right to reject the bid either partially or fully without giving reasons thereof.

                                                                                                              Tsehay Bank S.C

Tel: +251 1 1470 50 55

Addis Ababa, Ethiopia