Tender Notice Board

Bid Announcement The Development Bank of Ethiopia intends to sell the following properties that it has acquired from a defaulter pursuant to the power vested in it by proclamation No. 97/98, 216/2000 and 1147/2019. S. N Name of former Borrower’s/ Guarantor’s Name Type (categorty)  of Properties Plate No. Bid Floor Price (Birr) Property location Bid Type Date and Time of Bid 1 M2K Engineering PLC Machineries and equipment   Birr 34,781,495.00 (Thrity Four Million Seven Hundred Eighty One Thousand Four Hundred Ninty Five Birr) Gelan town in the – M2K Engineering Factory Premises Negotiation   May  11, 2026 From 10:00 –    12:00 AM 2 Office Furniture   Birr 650,051.00 (Six Hundred Fifty Thousand Fifty One Birr) Gelan town in the – M2K Engineering Factory Premises   Negociation May 12,2026 from 10:00-12:00 AM                                                                                                                                                                                                                                                                                                                                                                              3 Forklift   Birr 210,396 (Two Hundred Ten Thousand Three Hundred Ninty Six Birr) 4 Generator   Birr 697,151.00 (Six Hundred Ninty Seven Thousand One Hundred Fifty One Birr) 5 Mini bus 3-77195AA Birr 763,853.00 (Seven Hundred Sixty Three Thousand Eight Hundred Fifty Three Birr) Lega Tafo Legedadi town–(in the former MNS Textile Factory Premises 6 Mini bus 3-65018AA Birr 2,202,545.00 (Two Million Two Hundred Two Thousand  Five Hundred Fourty Five Birr)   7 Cargo truck 3-77197AA Birr 410,562.00 (Four Hundred Ten Thousand Five Hundred Sixty Two Birr) Gelan town – in the M2K Engineering Factory premises   8 Cargo truck 3-77150AA Birr 342,940.00 (Three Hundred Fourty Two Thousand Nine Hundred Fourty Birr) 9 Cargo truck 3-77196AA Birr 345,355.00 (Three Hundred Fourty Five Thousand Three Hundred Fifty Five Birr)   Instruction to bidders:- Interested bidders can obtain a complete bid document of the property, during office hours of the Bank upon payment of non-refundable fee of Birr 100.00 (Birr One Hundred) in cash, and fill out the bid document with their name, the offer price and other information as required by the format. The complete Wax-sealed bid document shall be received until May 11, 2026 9:50 A.M for machineries (Item-1) and May 12,2026  50 A.M for the others(Items #2-9), through bid placed at the Bank’s Head Office, second tower, ground floor starting from the third day of publication of this bid announcement. The bids shall open on May 11 and 12,2026 at 10:00 A.M Bidders shall submit 10% ( ten percent) of the floor price of the properties only in CPO as a bid security. A winner shall deposit the remaining winning price in full within 15 (Fifteen) calendar days from the date of award. Failure to deposit the amount within the specified time frame shall be a cause for loss of a bid security and cancellation of the award (bid). The bid shall take place at the Head Office of the Development Bank of Ethiopia, Tower Two, 5th Floor, on the date and time specified in the table above. Only the bidders or their authorized legal representatives shall be allowed to attend the bid process The winner is required to pay 15% VAT (Fifteen Percent Value Added Tax), and all other legal and administrative fees and charges in accordance with applicable laws. Some components of the properties have been procured under duty free scheme. Thus, the winner should either have matching custom duty exemption privilege or else shall be bound to pay the outstanding duties & taxes. The Bank intends to sell the properties on a cash basis only. The bank will write a letter to the concerned government body to facilitate transfer of the title of the properties to the buyer. It shall be the buyer’s responsibility to follow-through the process and get it finalised. The winner shall cover all costs of dismantling, loading unloading and transporting the properties to own distination. The properties are availed for sale separately as indicated under their respective serial numbers. bidders can obtain more information from the Development Bank of Ethiopia, Ongoing Concern Projects and Acquired Assets Management Directorate, 2nd Tower 3rd Floor or through telephone 011-524-53-73/011-524-42-69. Bidders can also visit the properties by making an appointment with the bank in advance.. The Bank reserves the right to cancel the bid partially or fully. THE DEVELOPMENT BANK OF ETHIOPIA

                                       Invitation for Bids                                     (Bid No. ESO/PPMD/RE/019/2026) Ethiopian Insurance Corporation invites all interested and eligible bidders to participate in the bid for the supply of the following items. Lots Descriptions Lot 1 1.      RFP  to Supply, Design and Installation of Video Surveillance System Lot 2 1.      RFP for the supply, Installation & Configuration of Fleet/Transport Lot 3 1.  RFP for Document Appraisal & Disposal Project   The bid is open to all eligible bidders having supplier renewed license, those currently registered by Ministry of Trade and Industry, Registration for Value Added Tax (VAT), Tax Identification Number (TIN) and Tax Clearance. A complete set of bid documents can be obtained against payment of a non-refundable fee of Birr 500.00 (Five Hundred Birr) for each Lot from Procurement and Material Planning Department, Ethiopian Insurance Corporation Head office building 1st floor room No.108 The bid must be accompanied by a bid security of Birr 300,000.00 (Three Hundred Thousand) for Lot 1, Birr 40,000.00 (Forty Thousand) for Lot 2 and Birr 50,000.00 (Fifty Thousand) for Lot 3 separately in the form of CPO or Unconditional Bank Guarantee valid for 90 days. Bid documents must be delivered to Procurement and Material Planning Department, Ethiopian Insurance Corporation Head office building 1st floor room No.108 on 15 May, 2026 up to 2:00 PM and bid shall be opened on the same date at Enterprise Service Office Conference hall as per the following schedule; Lot 1 at 2:30 PM, Lot 2 at 2:45 PM and Lot 3 at 3:00 PM Interested and eligible bidders may obtain further information by Telephone No. 011-5512400 Ex. 237,262 or 011-5504931. The Ethiopian Insurance Corporation reserves the right to accept or reject any or all bids.                            Ethiopian Insurance Corporation