SOUTH OIL COMPANY-STATE COMPANY

ANNOUNCEMENT

SOUTH OIL COMPANY ANNOUNCES TENDER REF. 248/BASRAH/2009 FOR CONSTRUCTING 4545 HOUSES THROUGH USINIG CONSTRUCTION TECHNOLOGY SPECIFIED BY SOC. OR SUGGESTED BY INVESTOR OR CONSTRUCTOR IN BASRAH GOV. AT NAKHIELA & TOBBA DISTRICT THOSE WHO ARE WILLING TO PARTICIPATE (IRAQI & FOREIGN COMPANIES) FOR TERMS & CONDITIONS STATED HEREUNDER ARE INVITED TO SOC HQ AT BAB AL-ZUBAIR BASRAH / LAW DEPT. TO RECEIVE TECHNICAL SPECIFICATION.

TAKING INTO CONSIDERATION THAT CLOSING DATE IS 27/09/2009 12.00 AM . SUNDAY . A BID WINNER COMPANY WILL BEAR ANNOUNCEMENT FEES.

CONDITIONS:

1-PAYMENT TERMS WILL BE THROUGH INVESTMENT METHOD (DEFERRED)

2-IRAQI COMPANIES SHOULD HAVE A CONSTRUCTORS' CLASSIFICATION IDENTITY ؛FIRST CLASS CONSTRUCTION EXCLUSIVELY. MOREOVER A CERTIFICATE OF FINANCIAL CAPABILITY IS REQUIRED APPROVED BY A WELL KNOWN BANK.

3-FOREIGN COMPANIES SHOULD ATTACHED COMPANY C.V WITH TECHNICAL OFFER ONLY.

4-ALL COMPANIES SHOULD SUBMIT TECHNICAL OFFERS ONLY.

5-PARTICIPATION FEES: IRRECOVERABLE AMOUNT OF

(750 000) I.D FOR IRAQI COMPANIES AND (1000)U.S.D FOR FOREIGN COMPANIES.