NTB Reconstruction

The technical and economic indicators of the investment objective were approved by Government Decision no. 1052 of the 10th of September 2008. The financing came from foreign loans that were obtained and backed by the government (Government Decision no. 933 of 2007, Memorandum no. 274 of the 17th of April 2009) and the state budget.

In 2009 all the technical approvals and the Building Permit were obtained and on the 5th of December 2009 the Ministry of Culture and National Heritage initiated the international auction for executing the works, a turnkey contract, estimated at 51 million euros.

During the tender period (two months), the potential bidders visited all the buildings within the complex, raised questions on any aspects of the economic and technical documentation and received clarifications in this regard.

The opening of the bids took place at a public meeting held on the 9th of February 2010. Ten bids were submitted by companies and by the Romanian and foreign consortia, who suggested prices ranging from 39.6 to 49 million euros.

The evaluation period was relatively long due to the volume of the submitted documentation, as required by the complexity of the project which provides the following works:
-the consolidation and reshaping of the structure;
-demolition works;
-architectural and rehabilitation works;
-sound, waterproofing and heat insulations;
-heat installations - including machinery and equipment;
-ventilation installations - including machinery and equipment;
-electrical installations - including machinery and equipment;
-plumbing installations - including machinery and equipment;
-low voltage electricity installations - the BMS system, the lighting and sound systems, the voice

-information transmission, all these including the necessary machinery and equipment.

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