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COMMERCE BUSINESS DAILY ISSUE OF AUGUST 26,1998 PSA#2167

MR. JULIO PONCE ARTETA, PRSTE EJEC, EMPRESA ELECTRICA INTAG S.A., REPUBLICA DEL SALVADOR 112Y SHYRIS, EDIF. ONIX 8C, CASILLA 17-03-622A, QUITO, EC, Phone: 011-593-2-463-141 or 011-593-2-562-522, Fax: 011-593-2-468-898, Email: ffs@pi.pro.ec

B -- EMELINSA HYDROELECTRIC POWER PROJECT -- ECUADOR POC POC Evangela Kunene, USTDA, 1621 N. Kent Street, Suite 300, Arlington, VA 22209-2131, Tel: (703) 875-4357, Fax: (703) 875-4009 The Grantee invites submission of qualifications and proposal data (collectively referred to as the "Proposal") from interested U.S. firms which are qualified on the basis of experience and capability to develop a feasibility study for a hydroelectric power project in Ecuador. The Emelinsa Project is a 48MW hydroelectric project proposed to be located in the north-central part of Ecuador in the province of Imbabura. The power plant would be situated on the Intag River -- a tributary of the Guayllabamba River. The developer based its selection of the plant scheme, works location and layout on the results of its studies of geological, geotechnical and morphological conditions. A run-of-river scheme including a mobile barrage, an above-ground penstock and a two-unit powerhouse located on an alluvial terrace was determined to be the preferred design alternative. The Grantee, Empresa Electrica Intag S.A., is a private Ecuadorian company. The feasibility study will be comprised of the following components: 1. Project Final Optimization Studies 2. Environmental Studies 3. Detailed Engineering and Cost Estimate and Financial Analysis 4. Final Report and Financing Memorandum. The U.S. firm selected will be paid in U.S. dollars from a $300,000 grant to the Grantee from the U.S. Trade and Development Agency (TDA). The Feasibility Study is estimated to cost a total of U.S. $365,246. TDA has provided a grant of U.S. $300,000 to Empresa Electrica Intag S.A. The selected U.S. firm will be responsible for ensuring that the selected U.S. firm and/or its subcontractors provide at least U.S. $65,246 of direct labor and/or other direct costs to complete the full Terms of Reference. A detailed Request for Proposals (RFP), which includes requirements for the Proposal, the Terms of Reference, and a background definitional mission report are available from TDA, at 1621 N. Kent Street, Suite 300, Arlington, VA 22209-2131. Requests for the RFP should be faxed to the IRC, TDA at 703-875-4009. In the fax, please include your firms name, contact person, address, and telephone number. Some firms have found that RFP materials sent by U.S. mail do not reach them in time for preparation of an adequate response. Firms that want TDA to use an overnight delivery service should include the name of the delivery service and your firm's account number in the request for the RFP. Firms that want to send a courier to TDA to retrieve the RFP should allow one hour after faxing the request to TDA before scheduling a pick-up. Please note that no telephone requests for the RFP will be honored. Please check your internal fax verification receipt. Because of the large number of RFP requests, TDA cannot respond to requests for fax verification. Requests for RFPs received before 4:00 PM will be mailed the same day. Requests received after 4:00 PM will be mailed the following day. Please check with your courier and/or mail room before calling TDA. Only U.S. firms and individuals may bid on this TDA financed activity. Interested firms, their subcontractors and employees of all participants must qualify under TDA's nationality requirements as of the due date for submission of qualifications and proposals and, if selected to carry out the TDA-financed activity, must continue to meet such requirements throughout the duration of the TDA-financed activity. All goods and services to be provided by the selected firm shall have their nationality, source and origin in the U.S. or host country. The U.S. firm may use subcontractors from the host country for up to 20 percent of the TDA grant amount. Details of TDA's nationality requirements and mandatory contract clauses are also included in the RFP. Interested U.S. firms should submit their Proposal in English directly to the Grantee by 4:00P.M. local time, October 12, 1998 at the above address. Evaluation criteria for the Proposal are included in the RFP. Price will not be a factor in contractor selection, and therefore, cost proposals should NOT be submitted. The Grantee reserves the right to reject any and/or all Proposals. The Grantee also reserves the right to contract with the selected firm for subsequent work related to the project. The Grantee is not bound to pay for any costs associated with the preparation and submission of Proposals. Posted 08/24/98 (I-SN241123). (0236)

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