INFRASTRUCTURE DEVELOPMENT BANK OF ZIMBABWE

INVITATION TO TENDER (ITT)
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The Infrastructure Development Bank of Zimbabwe (IDBZ) invites prospective contractors to participate in the following tenders:

Project Name	Construction of Lupane Students Accommodation Complex, Lupane, Matabeleland North Province, Zimbabwe 
Description of Services	Procurement of a Contractor for Construction Works for Lupane Students Accommodation Complex, Phase 1 (Construction of Block 1, Kitchen & Dining/Restaurant, electricity substation, extension of services to the complex for water, sewer and roads)
Type of Competition	International Competitive Bidding
Tender Number	IDBZ 4(b) of 2022
Issuance Date	09 September 2022
Closing Deadline for Requests for Clarification	07 October 2022 
Closing Deadline for Submission of Bids	04 November 2022 at 10:00 hours CAT
Bid Security 	Submit completed and duly signed Bid Securing Declaration
Compulsory Site Visit Meeting	Date: 23 September 2022
Location: Location is described in the Bidding Document
Payment of Administration fees payable by bidders for bids  subject to review in terms of section 54 of PPDPA Act	A must requirement. 

Amount Payable to PRAZ:  ZWL50,000 or USD 500

Payment of Bid Fees and Bid Establishment Fees may be done through the PRAZ portal.

ACCOUNT NAME: PROCUREMENT REGULATORY AUTHORITY OF ZIMBABWE 
BANK NAME: COMMERCIAL BANK OF ZIMBABWE 
BRANCH: KWAME NKRUMAH 

DOMESTIC TRANSFERS (LOCAL) ZWL CURRENCY

ACCOUNT NUMBER: 10721064850020 
PURPOSE: Registrations, Bid Establishment Fees; Training Fees; And Admin Fees (Contract, SPOC & Other Admin Fees)

FOREIGN CURRENCY TRANSFERS -USD CURRENCY

ACCOUNT NUMBER: 10721064850108
PURPOSE: Registrations, Bid Establishment Fees; Training Fees; And Admin Fees (Contract, SPOC & Other Admin Fees)


Registration with PRAZ for 2022	A must requirement

Bidding Documents will be available electronically and free of charge upon a written request to procurement@idbz.co.zw. Bidders must specify the Tender Number(s) indicated in table(s) above when requesting for Bidding Documents. Bids shall be valid for a bid period of ninety (90) working days. 

Submission of Bids

Bids must be submitted to the address below, before or by the closing deadline stipulated above.

Attention: Fredy Masuka
Head Procurement Management Unit
99 Gamal Abdel Nasser Road
Harare
Zimbabwe

The IDBZ reserves the right to extend the bid submission deadline but will notify all prospective bidders invited to submit bids of the amended bid submission deadline. Bids will be opened in an online meeting immediately after the closing deadline for submission.

Late bids shall be rejected without further consideration. 
The IDBZ is not obliged to accept the lowest bid, or any bid therefore, bidders are strongly advised to submit their electronic bids in sufficient lead time to beat the closing deadline stipulated above.