Port of Bar, Montenegro: CGCO Pre-Privatisation Project

Ministry of Maritime Affairs and Transport of Montenegro intends using the proceeds of a loan from the European Bank for Reconstruction and Development (the “Bank”) for a project to facilitate privatisation of the Container Terminal and General Cargo JSC Bar. The proposed project, which has a total estimated cost of approximately EUR 10.7 million equivalent, will require the procurement of the following goods and services:

* New Mobile Harbour Crane and 1-2 Container Reach Stackers; and
* Advisory consultancy services.

Tendering for consulting services is expected to begin in the fourth quarter of 2010 and for the goods in the first quarter of 2011.

Contracts to be financed with the proceeds of a loan from the Bank will be subject to the Bank's Procurement Policies and Rules and will be open to firms from any country. The proceeds of the Bank's loan will not be used for the purpose of any payment to persons or entities, of for any import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations or under a law of official regulation of the Purchaser's country.

News source: EBRD link: article