ICGB, the company developing the Gas Interconnector Greece-Bulgaria project, said that it has signed a 5.67 million euro ($6.41 million) contract with the TIBEI consortium, which won the tender for selecting an owner's engineer for the project. The contract was signed on May 20, according to a notice by the ICGB, published on Friday. The TIBEI consortium comprises Belgium's Tractebel Engineering S.A, Italy's Tractebel Engineering SRL, Austria's Intber GmbH and Bulgarian companies Ipsilon Consult and Bulgaria Engineering. "The commitment involves assisting the Contracting Entity in the implementation of the project during the construction phase until the pipeline enters into operation and management of all the main contracts related to the project - including the contract for the supply of line pipes and the contract for the award of design, procurement and construction," ICGB has said previously. The tender attracted 12 offers, four of which advanced to the evaluation stage of the public procurement procedure. Besides TIBEI, the other three offers proceeded to the final stage came from Enereco S.p.A, Technip Italy Direzione Lavori, and C&M-Asprofos-S Energy-Miks.