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Seifu on EBS : Entertaing Game With Artists Mastewal And Abel part 2

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Seifu on EBS : Entertaing Game With Artists Mastewal And Abel Mulugeta part 2

 

It was back in June, 2018 that Promising won the contract to supply the 200,000 metric tons of wheat. During this bid process, Promising agreed to supply the wheat and later failed to do so. Three months after Promising was asked to supply the wheat, the entity that issued the tender, in dismay, retendered the purchase which Promising won again and is now supplying the wheat with 1.56 billion birr.

As the result of the aforementioned reason Promising is struggling with legal litigation where PPPDS have already sued the company for failing to supply the wheat.

For this the bid which GM is now awarded, Promising gave a much higher price for all four lots, ranging from USD 252.60 to USD 299.20, per lot.

Once awarded to the winning bidder, the wheat is expected to be transported to the country and distributed to more than 5,000 bakeries and 300 flour factories

In a related news, PPPDS gave a final warning to Wifag which few months back was awarded to supply 400,000 metric tons of wheat with USD 108 million (3.04 billion birr), but failed to do so.

It is to be recalled that though Wifag was awarded and signed a contract to supply the wheat it failed to submit a performance guarantee worth of 10 million dollar. This has delayed the whole tender process and force the contracting entity, the Ethiopian Trading Business Corporation to complain to PPPDS.

Upon on this PPPDS wrote to Wifag a letter asking the company to submit the guarantee, according to sources.

“We will decide after looking into some other documents which Wifag just submitted,” said Ettesa.

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