Date: 18 November, 2014

Invitation of Tenders No: 4/509-1

The Republic of Azerbaijan has received a loan from the Saudi Fund for Development (SFD) for the financing of Rehabilitation and Extension of Water Supply and Sanitation Systems for Baku Area Project and intended that part of the proceeds of the said loan will be applied towards the costs of Construction of Water Supply and Sanitation Systems of Badamdar Settlement. The Azersu Joint Stock Company invites sealed tenders from eligible bidders for the construction and completion of Rehabilitation and Extension of Water Supply and Sanitation Systems of Badamdar Settlement. Eligible interested tenderers may obtain further information about this Invitation of Tenders from, and inspect the bidding documents at the office of Mr. Ilgar Tagiyev, Azersu OJSC, 67 Moscow Avenue: Tenders and International Projects Management Department, 2nd floor, Baku, AZ1012, Azerbaijan, Telephone: +99412431 47 67 (1033), Facsimile number: +99412 4314792 A complete set of tender documents in English may be obtained by eligible interested tenderers on the submission of a written application to the address below and upon payment of a nonrefundable fee of AZN 350 (three hundred and fifty Azerbaijani Manats) or US$ 450 (four hundred and fifty United States Dollars). The method of payment will be direct deposit to the account stated below. BIDs must be submitted to the address above-mentioned office by 16:00 Baku time on January 22, 2015 and must be accompanied by a tender security in the amount of 1,000,000 (one million) USD.

Beneficiary’s Name:                                                 “AZERSU” OJSC

INTP:                                                                       9900001751

Beneficiary’s Bank:                                                   International Bank of Azerbaijan

Local currecy account No:                                        CCS 308718 AZN 3302-01

Forein currency account No:                                    CCS 308718 USD 3312-01

Code:                                                                       805250

SWIFT Code:                                                            IBAZAZ2X

BIDs will be opened in a session to be held at the office mentioned above and in the presence of representatives of tenderers who wish to attend. The session will take place at 16:00 Baku time on January 22, 2015 or such other time and date as may be notified to the tenderers. Qualified domestic bidders are eligible to receive a margin of preference of 7.5 percent in Bid evaluation.

Sincerely, Tender commission