INVITATION TO NATIONAL COMPETITIVE BID

Bid Ref.No.TB/08/2025-26

Tsehay Bank would like to invite eligible and qualified asset valuation service providers to submit their proposal for the valuation of Motor Vehicles, Manufacturing Machinery, Construction & Agricultural Machinery & Other Mechanical Equipment Offered as Loan Collateral through national open

S/N	Bid Description	UM	Qty	Duration
1	Asset Valuation. Service	Per asset	1	Annual Contractual basis

1. Interested & eligible bidders can purchase a complete set of biding documents upon payment of a non-refundable fee of Birr 500.00 (Birr Five Hundred only) deposited to Tsehay Bank S.C. account number 1000033657.

2. Bidders can obtain the Bid document starting from May 11.2026 during office hours from Monday to Friday: 8:00am 12:00 am and 1:00 pm -5:00 Pm and Saturday: 8:00am 12:00 am, from the address mentioned Here. Address: Tsehay Bank Head office, Procurement Division, located at Meaza Desalegn Building, in front of Ethiopia Hotel #2, 5 floor around Beklobet.

3. For eligibility, bidders should bring copy of renewed Trade License, certificate of registration, Tax payers registration certificate. Value added tax certificate and tax clearance certificate,

4. Bidders are expected to have proven experience, supported by recommendations and relevant testimonials.

5. Sealed bid proposal must be submitted during office hours at the address mentioned under number 2 before the bid closing date and time.

6. Bid proposal must be accompanied with a bid bond of Birr 50,000.00 (Birr Fifty Thousand only) in the form of CPO or unconditional bank guarantee valid for not less than 120 days from the date of bid opening.

7. This bid will be closed on May 29, 2026, at 2:00 PM and will be opened on May 29, 2026, at 2:30 PM, in the presence of bidders or their representatives who choose to attend at the address mentioned under number 2 above.

8. Bidders are advised to review the bid document carefully before submitting instructions and conditions in the bidding document will constitute grounds for rejection.

9. The Bank reserves the right to reject the bid either partially or fully without giving reasons thereof.

10. For Further information please, contact procurement division using telephone numbers:

+251-11-4-705055 And +251-11-4-705613

Tsehay Bank S.C

Addis Ababa, Ethiopia