August 16 (SeeNews) - Bulgaria's State Reserve and War-Time Stocks agency said on Thursday that it has signed a three-year security services contract with local company Bodu worth 16 million levs ($9.3 million/8.2 million euro).
Bodu's offer was the only one remaining at the final selection phase, after the state agency disqualified two other candidates in the previous stages of the tendering process, documents posted on the agency's website show.
The state reserve agency first disqualified local VIP Security in the pre-selection phase, saying that the company does not meet the minimum requirements, and invited local security companies Bodu and SOT to submit offers.
After the agency received offers from the two companies, it decided to disqualify SOT, as its offer did not meet the tender's initial requirements.
Bodu also won the agency's previous tender for a three-year security services contract in 2015, after the tendering process continued for two years with several cancellations and restarts, due to the subjective selection criteria set by the agency.
Bodu has a registered capital of 5,000 levs, according to data from the commercial register. The company is owned by private individuals Albena Nikolaeva and Nikolay Nikolaev, which hold 90% and 10% stakes, respectively.
(1 euro = 1.95583 levs)