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COMMERCE BUSINESS DAILY ISSUE OF APRIL 29,1998 PSA#2084

Contact: Mr. Mustafa Terzic, Director of International Airport Tuzla, Goli brijeg 8, 75000 Tuzla, Bosnia & Herzegovina, Tel/Fax: 387.75.25.25.71.

B -- BOSNIA & HERZEGOVINA -- TUZLA AIRPORT CARGO FACILITIES FEASIBILITY STUDY POC Evangela Kunene, USTDA, 1621 N. Kent Street, Suite 300, Arlington, VA 22209-2131, Tel: (703) 875-4357, Fax: (703) 875-4009 Tuzla Airport Cargo Facilities Feasibility Study. International Airport Tuzla invites submission of proposals from interested U.S. firms which are qualified on the basis of experience and capability to conduct a feasibility study for the development of cargo facilities at the airport. Concurrent with the development of the Tuzla Airport as a passenger airport, there is a need to ascertain if the use of the airport as a significant air cargo facility would be technically, financially and economically viable. Tuzla is situated in the Tuzla Podrinje Canton, the most heavily populated canton in Bosnia and Herzegovina. Additionally, the largest concentration of industrial facilities in the country is also located in the Tuzla area, indicating that there may be significant potential for air cargo operations. With an existing rail spur, good road links (easily upgradable) and available land on the airport, Tuzla Airport could easily become a multimodal cargo hub. With a civilian airport master development plan to be accomplished in the near future, the time is right to do the economic analysis to determine if there is a potential for investment in air cargo and/or multimodal cargo handling facilities at Tuzla Airport. There are no existing facilities available to support this development, so the air cargo ramp, handling and transfer facilities and all required material handling equipment will have to be considered in the initial investment. Professional air cargo consulting services are required to prepare the Air Cargo Study, including an investment program which could be used by an interested party to secure financing and/or enter into a joint venture with a Bosnian firm or airport operators. Under the terms of this grant, a more detailed technical, engineering, and financial feasibility study of the cargo facilities at the International Airport Tuzla will be conducted. The feasibility study will consist of two phases, with Phase II proceeding only after a review of the recommendations of Phase I. Proposals must consider the completion of the entire feasibility study (both phases). The Terms of Reference are as follows: Phase I: Prepare an Air Cargo Feasibility Study for the possible development as a multimodal air cargo hub, including a complete economic analysis of the profitability of air cargo operations being able to generate enough income to be self-supporting and attractive to outside investment to develop the required facilities; (1) Review documents and plans -- review and evaluate relevant studies prepared for the use of Tuzla Airport as a civilian cargo airport; (2) Prepare regional cargo forecasts and regional commercial plans for a 10 year period; (3) Identify all facility and equipment requirements, including Tuzla Airport's integration into BiH's airport system and ICAO and other standards; (4) Prepare site location and land use plan; (5) Undertake a complete economic analysis and perform a preliminary investigation of financial requirements and options; (6) Environmental study and assessment; (7)Estimation of potential US exports; and (8) Prepare reports and recommendations. Phase II: Prepare a detailed investment program for cargo facilities and related infrastructure for Tuzla Airport for use in securing financing and/or joint venture partners should the economic analysis indicate the potential for an acceptable return on investment within reasonably acceptable timeframes; (1) Undertake a complete financial analysis, including financing and investment plan; (2) Investigate sources of financing (including BOT) and potential methods/schemes for obtaining financing; and (3) Prepare reports and recommendations for entire study, incorporating and including all Phase I recommendations and reports. The U.S. firm selected will be paid in U.S. dollars from a $350,000 grant to the Tuzla Canton from the U.S. Trade and Development Agency ("TDA"). The U.S. firm selected will be responsible for completing the entire feasibility study. A detailed Request for Proposals (RFP), which includes requirements for the Proposal, the Terms of Reference, and background notes are available from TDA, at 1621 N. Kent Street, Suite 300, Arlington, VA 22209-2131. Requests for the RFP should be faxed to the IRC, TDA at 703-875-4009. In the fax, please include your firm's name, contact person, address, and telephone number. Some firms have found that RFP materials sent by U.S. mail do not reach them in time for preparation of an adequate response. Firms that want TDA to use an overnight delivery service should include the name of the delivery service and your firm's account number in the request for the RFP. Firms that want to send a courier to TDA to retrieve the RFP should allow one hour after faxing the request to TDA before scheduling a pick-up. Please note that no telephone requests for the RFP will be honored. Please check your internal fax verification receipt. Because of the large number of RFP requests, TDA cannot respond to requests for fax verification. Requests for RFPs received before 4:00 PM will be mailed the same day.Requests received after 4:00 PM will be mailed the following day. Please check with your courier and/or mail room before calling TDA. Only U.S. firms and individuals may bid on this TDA financed activity. Interested firms, their subcontractors and employees of all participants must qualify under TDA's nationality requirements as of the due date for submission of qualifications and proposals and, if selected to carry out the TDA-financed activity, must continue to meet such requirements throughout the duration of the TDA-financed activity. All goods and services to be provided by the selected firm shall have their nationality, source and origin in the U.S. or host country. The U.S. firm may use subcontractors from the host country for up to 20 percent of the TDA grant amount. Details of TDA's nationality requirements and mandatory contract clauses are also included in the RFP. Interested U.S. firms should submit their Proposal in English directly to the International Airport Tuzla by 4:00 pm, June 5, 1998 at the above address. Evaluation criteria for the Proposal are included in the RFP. Cost will not be a factor in the evaluation; however, interested and qualified firms should submit a budget for review. The Tuzla Canton reserves the right to reject any and/or all Proposals. The Tuzla Canton also reserves the right to contract with the selected firm for subsequent work related to the project. The Tuzla Canton is not bound to pay for any costs associated with the preparation and submission of Proposals. (0117)

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