December 10 (SeeNews) - A tie-up of Bulgarian civil engineering companies Ingstroyengineering and Bitumina GmbH - Bulgaria EOOD, has signed a 2.4 million levs ($1.3 million/1.2 million euro) contract with Dobrich municipality for street reconstruction works, the municipal council said on Tuesday.
The deal was signed on November 6, Dobrich municipality said in a notice.
The contract envisages the reconstruction and rehabilitation of streets in the city in norteastern Bulgaria along with the rehabilitation of a bridge.
According to registry agency data, Ingstroyengineering and Bitumina GmbH - Bulgaria EOOD hold stakes of 50% each in the awarded tie-up.
The municipality has received a total of four offers in the public procurement procedure for awarding the contract. Bids were ranked based on price and quality criteria with equal weights.
(1 euro = 1.95583 levs)