ID :
169021
Thu, 03/17/2011 - 15:09
Auther :
Shortlink :
http://m.oananews.org//node/169021
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GENERAL ADVISORY COMPANY TO BE SELECTED
Ulaanbaatar, Mongolia, /MONTSAME/ The highest results have been achieved by the "Hogan Lovells" and "GT's advocates" in a bid for selecting an advisory company for the "Sainshand" industrial complex creation. It was reported by the Government press service Wednesday.
They had competed with a unity of the "Liberty partners" LLC, "BNP Paribas", "McKinsey and Company", "Pillsbury".
The Committee for of national development and reform says however, that the above companies have been insufficient in reflecting in the bid ways of creating financial resources for the project, working out a financial structure, and enduring risks. In view of this, the Committee considers that these questions may be solved by the other companies.
In the selection of choosing a general advisory company, the "Bechtel" and "Worley Parsons" ones have shown the best results out of four companies, so it has been concluded that with it, a related contract may be established.
Since the selection has been completed, the sides are about to enter a financial agreement which, if not reached, may be made with the runner-up company, and advisory companies will be selected within the valid date of the tender (March 26, 2011).
B.Khuder
They had competed with a unity of the "Liberty partners" LLC, "BNP Paribas", "McKinsey and Company", "Pillsbury".
The Committee for of national development and reform says however, that the above companies have been insufficient in reflecting in the bid ways of creating financial resources for the project, working out a financial structure, and enduring risks. In view of this, the Committee considers that these questions may be solved by the other companies.
In the selection of choosing a general advisory company, the "Bechtel" and "Worley Parsons" ones have shown the best results out of four companies, so it has been concluded that with it, a related contract may be established.
Since the selection has been completed, the sides are about to enter a financial agreement which, if not reached, may be made with the runner-up company, and advisory companies will be selected within the valid date of the tender (March 26, 2011).
B.Khuder
