26 Sep 2019

IGH contracted for supervision works during reconstruction of the water supply network of the City of Sarajevo

Institut IGH d.d., as a part of a group of tenderers comprising the company IPSA Institut d.o.o. Sarajevo and the Cantonal Public Utility Company Vodovod i kanalizacija d.o.o. Sarajevo (KJKP ViK), concluded a Supervision of Works Contract under the Sarajevo Water Project, in the amount of HRK 3,000,000.

The Supervision of Works Contract was concluded after a public procurement procedure was implemented in compliance with the procedures of the European Bank for Reconstruction and Development (EBRD), which is funding the project. The value of the first phase of the overall project amounts to EUR 10 million.

Mr. Domagoj Šimunović, International Markets, Tendering and Contracting Director at Institut IGH, emphasised that the concluded contract represents yet another confirmation of the implementation of strategic orientation of IGH towards strengthening of company's position on international markets.

The expected duration of the provision of technical supervision services is 18 months, and they will be provided during works on reconstruction of the water supply network of the City of Sarajevo, including reconstruction of existing pumping stations. The project was referred to as "priority zero" of the Government of Sarajevo Canton, BiH.

Photo by Damir Bošnjak