Bulgartransgaz Suspends 1.2 Bln Euro Gas Pipeline Construction Tender

Bulgartransgaz said on Thursday it has suspended its tender for construction of a 484 km gas pipeline from compressor station Nova Provadia to the border with Serbia, worth an estimated 2.29 billion levs, VAT excluded.

The procedure was suspended over a complaint filed with the Commission for Protection of Competition by local power plant equipment maintenance and repair services company Atomenergoremont, the state-owned Bulgarian gas transmission system operator said in a statement.

In its complaint, Atomenergoremont has challenged Bulgargaz' clarifications on issues raised by persons interested in participating in the procedure.

Bulgartransgaz's clarifications cover 15 questions by interested parties, mainly related to how the contract will be financed and the payment time frame.