Supply, Installation of Exterior Lighting and CCTV System for the Technology Park – Phase II – CVTP

Item Description:

The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).

Invitation for Bids (IFB)

The Government of the Republic of Cabo Verde has received financing from the AfDB hereinafter called the Bank toward the cost of the Cabo Verde Technology Park (CVTP) – Phase II, and intends to apply part of the proceeds toward payments under the contract for Supply, Installation of Exterior Lighting and CCTV System for the Technology Park – Phase II. For this contract, the Borrower shall process the payments using the Direct Payment disbursement method, as defined in the Bank’s Disbursement Guidelines and procedures for Investment Project Financing, except for those payments, which the contract provides to be made through letter of credit.