GOVERNMENT OF MONTENEGRO
Tender commission for privatization of Port of Bar AD herby announces:
for participation in the tender
for the sale of 100% shares in the company with limited liability (hereinafter referred
to as the: ‘’Tender’’)
SECURITY AND FIREFIGHTING BAR
1. The subject of this Tender is the sale of 100% shares of the Company with limited
liability ‘’Security and firefighting’’ Bar (hereinafter referred to as the: ‘’Company’’) in
the ownership of the company ‘’Port of Bar’’ AD Bar (hereinafter referred to as the:
‘’Seller’’) and the award of concession for the period of 30 years.
2. Data on the Company:
The Company is organized and operates as a limited liability company in accordance with
the laws of Montenegro, registered in the Central register of the Commerce court in
Podgorica under the registration number 5-0540632/001, with the total registered capital
in the amount of 72.013,41 EUR.
Address: 13. jul bb, Bar
The code of the main activity of the Company is 74600 – Service providing protection of
people and property.
Detailed information about the Company is included in the Tender documentation and
shall be available to the participants in the Tender after the Confidentiality statement
signing and purchase of the Tender documentation.
3. Participation in the Tender shall be made available to all interested parties (including a
Consortium) who have purchased the Tender documentation and signed the
Confidentiality statement, in accordance with the Sections 6. and 7. in this Public
invitation (hereinafter referred to as the: ‘’Tender participant’’).
4. Tender participant may submit a bid on the Tender if he meets one of the following two
a) To have experience in the domain of the main activity of the Company for a
period of at least 3 years and to have generated profit in the last business year
preceding the Public invitation,
b) To have generated profit that amounts to more than 2.000.000,00 EUR (two
million euros) in the last business year preceding the Public invitation.
(the above mentioned requirements [ a) and b) ] are hereinafter together referred to as
the: ‘’Qualification requirements’’, and separately each of them as the: ‘’Qualification
The right to submit a bid has the Tender participant who has the direct or indirect
ownership (with 100% participation) of the party fulfilling the Qualification requirement.
Fulfillment of the Qualification requirements shall be evaluated upon the receipt and
opening of packages with the Bids.
The documentation submitted for the purpose of evaluating the fulfillment of the
Qualification requirements shall be specified in the Tender documentation, which shall be
submitted to the Tender participants in accordance with the Sections 6. and 7. of the
5. The Tender participant may create a Consortium with other persons, prior to or after the
purchase of the Tender documentation, and the Consortium created in such manner may
submit the Bid provided that at least one member of the Consortium meets the
requirements defined in this Public invitation.
6. Tender commission for privatization of Port of Bar AD Bar (hereinafter referred to as the:
‘’Commission’’) is inviting all interested parties to submit a written request for the
purchase of the Tender documentation (hereinafter referred to as the: ‘’Request’’), with a
clear indication ‘’Request for the purchase of the Tender documentation’’.
7. After receiving the Requests, the Advisor shall deliver to the interested Bidders, by mail,
e-mail or fax, the instructions for the payment of the Tender documentation in the amount
of 5.000,00 EUR (hereinafter referred to as the: ‘’Fee for purchase of the Tender
documentation’’), as well as the Confidentiality statement. Without delay, the Tender
participants shall provide the Advisor and the Secretary of the Commission with the
signed Confidentiality statement and make the payment of the Fee for purchase of the
Tender documentation. The Confidentiality statement must be delivered to the
Commission and the Advisor, and the payment of the Fee for purchase of the Tender
documentation must be made to the account of the Privatization council no later than
January 29th, 2010.
Immediately upon the receipt of the signed Confidentiality statement and the verification
of the payment of the Fee for purchase of the Tender documentation issued by the
Privatization council, the Advisor shall provide Tender participants with the Tender
documentation, personally, by mail or e-mail. In case that the Tender participant receives
the Tender documentation by mail or e-mail, he is required to submit a written
confirmation of receipt to the Advisor.
8. Tender participant shall be enabled to make a visit to the Company and granted access to
the data room.
9. Tender participant is to submit his Bid in accordance with the regulations and procedures
stipulated in the Tender documentation, and the deadline for submission of Bids to the
Commission is February 1st, 2010 until 15:00 o’clock (local time).
10. With the Bid, the Bidder shall be required to make a deposit and submit a confirmation
about the deposit payment or Bid bond to the benefit of the Privatization council in the
amount of 50.000,00 EUR (fifty thousand euros). Bid bond must be issued in the form of
the unconditional bank guarantee, payable at first call, issued from the bank that has at
least BBB credit rating according to the Standard and Poor agency or the bank approved
by the Commission, according to its discretion and on the basis of the request of the
Tender participant delivered in advance.
11. Bidder who is to sign the Contract of sale shall be obliged to make the sales price
payment in cash, to the accounts of the Seller, within a deadline given in the Contract of
12. Commission reserves the right to change all elements, including certain requirements and
deadlines, of this Public invitation.
13. For any questions concerning this Public invitation, interested Bidders may contact the
Commission and the Advisor, to the following address:
Snežana Šljukić Zorica ukanović
Tender commission secretary Lawyer
Jovana Tomaševića bb, Moskovska 13, III/23
20 000 Podgorica, Montenegro 20 000 Podgorica, Montenegro
Tel. +382 20 202 195 Tel. +382 20 205 540
Fax.+382 20 202 218 Fax. +382 20 205 541
e-mail: firstname.lastname@example.org e-mail: email@example.com