Contract Award Notice

Client: Ministry of Economy of the Republic of Armenia

Project Name: “IRRIGATED AGRICULTURE DEVELOPMENT IN ARARAT AND ARMAVIR MARZES” (IADAAM)

Country: Republic of Armenia

Project Number: CAM1002 06

Bid/Contract Reference No: IADAAM-CS-25-02

Scope of Contract: AUDIT OF THE ARMENIA-IRRIGATED AGRICULTURE DEVELOPMENT IN ARARAT AND ARMAVIR MARZES PROJECT FOR THE YEARS ENDED/ENDING ON DECEMBER 31, 2024 (INCLUDING YEAR 2023), DECEMBER 31, 2025, JUNE 30, 2026

Method of Selection: Least Cost Selection (LCS)

Duration of Contract: 26 months

Evaluation Currency: AMD

1. Awarded Consultant(s)/Firm

Name: PHP PARTNERS CJSC (Armenia)  

Address: 2 Adonts Street, ERAZ Business Centre, Yerevan, Armenia

Technical score: 89.158

Financial score: N/A

Combined Score: 89.158

Price as read out: AMD 8,500,800.00

Final Evaluation Price: AMD 8,500,800.00

Final Negotiated Price: AMD 8,500,800.00

Final Negotiated Price, local taxes inclusive): AMD 10,200,960.00 (including 20% VAT).

Final ranking: I

2. Evaluated Consultants/Firms

Name: BDO Armenia CJSC (Armenia)

Address: 23/6, Davit Anhaght St., 5th Floor, office 7, Yerevan 0069, Armenia

Technical score: 92.778

Financial score: N/A

Combined Score: 92.778

Price as read out: AMD 15,766,000.00

Final Evaluation Price: AMD 15,766,000.00

Final ranking: II

Name: GRANT THORNTON ARMENIA CJSC (Armenia)

Address: Yerevan Plaza Business Center, 9 Grigor Lusavorich Street, Yerevan 0015

Technical score: 93.720

Financial score: N/A

Combined Score: 93.720

Price as read out: AMD 16,520,000.00

Final Evaluation Price: AMD 16,520,000.00

Final ranking: III

Name: BAKER TILLY ARMENIA CJSC (Armenia)

Address: 22 Hanrapetutyan Str., 5th floor, Yerevan, 0010, Armenia

Technical score: 90.019

Financial score: N/A

Combined Score: 90.019

Price as read out: AMD 19,900,000.00

Final Evaluation Price: AMD 19,900,000.00

Final ranking: IV