"Tender No.: 392/2001 Automatic Fire Fighting Extinguishing System for Substations Successful Tenderer Brief Description of Contract Work 1. EXTENT OF CONTRACT - The Contract includes the design, supply installation, testing and maintenance of an automatic fire fighting extinguishing system for the following transmission substations : · “SOPAZ” at Nicosia · “ATHALASSA” at Nicosia · “SEMINARY” at Nicosia · “OMONIA” at Limassol · “ANDREAS HADJIPASCHALIS” at Paphos · “PYLA” at Larnaka 2. SYSTEM DESIGN AND ELECTRICAL PARAMETERS - The system is based on aerosol foaming compound which on activation is transformed into a rapidly expanding, highly effective fire extinguishing aerosol. 3. COMPLETION - All works under the Contract must be completed in accordance to the dates given below : Description – Substation Completion of Installation “SOPAZ” Within 3 months from date of contract award. “ATHALASSA” Within 3 months from date of contract award. “ANDREAS HADJIPASCHALIS” December 2001 “PYLA” January 2002 “OMONIA” June 2002 “SEMINARY” Within 3 months from date of contract award. 4. CONDITIONS OF CONTRACT - The Conditions of Contract will be the Electricity Authority of Cyprus Conditions and the Contract will be in conformity with the laws of the Republic of Cyprus and shall be governed by such laws. 5. PAYMENT - The work will be financed from the Authority’s funds and the Contract will provide terms of payment as quoted in the above mentioned Conditions of Contract. 6. CONSTRUCTION OF CONTRACT – Contract documents shall be written and drawn in the English language but the Contract shall be and be deemed to be a Cyprus Contract and shall be construed and governed in accordance with the laws of the Republic of Cyprus. 7. CERTIFICATES - The Tenderer must furnish as part of his Tender Type Test Certificates issued by a reputable and internationally recognised Testing Body such as KEMA or CESI, establishing that the goods offered comply with the specified Standards 8. EXPERIENCE - The Tenderers must have proven and extensive experience in the execution of Contracts of similar nature and value, home and abroad and must submit evidence that they have manufactured goods to the specified standards. 9. VALIDITY - Tenders are required to be held open for acceptance for 120 days from the Closing Date specified. 10. TENDER BOND - The Tenderers are required, as a security for the due performance of their obligations under the Tender, to submit with their Tender an irrevocable Bank Guarantee issued or confirmed by a local Bank carrying out full Banking Operations in Cyprus, in the sum of C£ 18.000. The validity of the said Bond shall not expire prior to 30 days beyond the validity of the Tender. The above shall be returnable to the Tenderers’ Bankers if their Tender is not accepted. 11. PERFORMANCE BOND - The successful Tenderer will be required to furnish a Performance Bond to the amount of 10% of the total Contract value. The said Bond shall be valid up to 12 months after completion of the works. 12. TENDER DOCUMENTS - Tender Documents will be available from the Electricity Authority of Cyprus as from 31 January 2001, upon payment of C£ 50 - plus V.A.T. for a set of 4 Documents. This payment will not be refundable. Where Tender Documents are to be mailed by the Authority abroad, an additional amount of C£20 - per set should be paid, in order to cover packing and postage costs. 13. CLOSING DATE - Tenders are returnable to the Head Office of the Electricity Authority of Cyprus, by 16 March 2001, at 12.00 hours noon local time. 14. PUBLIC OPENING - The public opening of the Tenders will take place at the Authority's Head Office on 16 March 2001, at 12.30 hours local time. 15. AWARD – The Tender will be adjudicated and awarded as a whole. 16. GENERAL - The Electricity Authority of Cyprus does not bind itself to accept the lowest or any Tender, nor will it be responsible for any costs incurred by the Tenderers in making their Tenders. 17. LOCAL AGENT - No more than two Tenders which nominate the same Local Agent will be accepted by the Authority. It is brought to the Tenderers’ attention that in case three or more of the Tenders submitted nominate the same Local Agent, then all these Tenders nominating the same Local Agent will be rejected by the Authority."