Preference shall be granted to local construction companies.
The margin of preference to be so granted to local construction companies and applied when comparing prices during evaluation of Bids shall be 7.5 %.
Local companies engaged in construction shall provide all evidence necessary to prove that they meet the following conditions to qualify for the preference:
(a)The company has to be incorporated in Ethiopia;
(b)More than fifty per cent of the company’s capital stock has to be held by Ethiopian natural or juridical persons;
(c)More than fifty per cent of members of the board of the company have to be Ethiopian nationals;
(d)At least fifty per cent of the key staff of the company has to be Ethiopian Nationals.
Preference shall be given to small and micro enterprises established under the relevant law by a margin of 3% when such enterprises compete with local Bidders in national competitive bidding.
When small and micro enterprises participate in international competitive bidding, only the preference granted to local companies as per Sub-Clause 34.2 shall apply.
Conversion to Single Currency
For evaluation and comparison purposes, the Public Body shall convert all bid prices expressed in the amounts in various currencies into a single currency indicated in BDS , using the selling exchange rate established by the National Bank of Ethiopia and on the date of the Bid opening.
