Invitation for Pre-qualification

 

Country: Kyrgyz Republic

Project: Shariah Affordable Housing Finance

Title: Construction of apartment houses in the Sokuluk district of Chuy oblast

Financing No.: KGZ-1028

 

1. This invitation for prequalification follows the General Procurement Notice (GPN) for this project that appeared in IsDB website, dgMarket on June 11, 2025.
2. The Government of Kyrgyz Republic has received financing from the Islamic Development Bank (IsDB) toward the cost of the Shariah Affordable Housing Finance Project, and it intends to apply part of the proceeds of this financing to payments under the contract for Construction of Apartment Houses in the Sokuluk District of Chui Oblast, Kyrgyz Republic.
3. The State Mortgage Company OJSC intends to prequalify contractors and/or firms for construction of multi-storey reinforced concrete residential buildings, including installation of internal utilities (plumbing, electrical, and HVAC systems), and development of site infrastructure (roads, water supply, sewerage, and electrical networks) in the Sokuluk District of Chui Oblast.
4. Eligible Applicants with the following key qualifications defined in the Prequalification Document may participate in this prequalification:

(a) Financial capacity

 Minimum average annual construction turnover of USD 28,800,000, calculated as total certified payments received for contracts in progress and/or completed within the last five (5) years, divided by five (5) years; 

Minimum available financial resources/cash-flow capacity of USD 4,800,000 to meet construction cash-flow requirements; 

Audited financial statements (or, where permitted, other acceptable financial statements) for the last three (3) years demonstrating sound financial position and long-term profitability.

   (b) Experience

General construction experience under contracts as a prime contractor, JV member, subcontractor or management contractor for at least the last five (5) years, starting from 1 January 2020; 

 At least two (2) similar contracts, each with a minimum contract value of USD 15,000,000, satisfactorily and substantially completed between 1 January 2020 and the application submission deadline; 

 Proven construction experience, between 1 January 2020 and the application submission deadline, in the following key activities:

• construction of residential and/or industrial buildings similar in nature, complexity and scope, including earthworks, reinforced concrete structures, masonry and finishing works; 
• installation of external and internal sewerage, water supply, gas supply, ventilation and power supply systems; 
• construction of asphalt roads and landscaping; 
• application of energy-efficient and environmentally friendly construction / heating systems, as described in Section VII, Scope of Works.

   (c) Historical performance

• No non-performance of contracts due to contractor’s default since 1 January 2020; 
• No consistent history of court/arbitral awards against the Applicant since 1 January 2020; 
• Submission of an Environmental, Social, Health and Safety (ESHS) performance declaration for the past five (5) years.

   (d) Eligibility / compliance

• Compliance with IsDB eligibility requirements and the list of eligible countries, including absence of debarment or suspension by IsDB; 
• Absence of conflicts of interest in accordance with the Prequalification Document; 
• Compliance with IsDB’s Anti–Money Laundering, Countering the Financing of Terrorism and Know Your Customer (AML/CFT/KYC) requirements, including completion of the relevant questionnaires/forms when requested.

 

5. More details of qualification requirements are provided in the Prequalification Document. It is expected that invitations for bid will be made in December 2025.
6. Prequalification will be conducted through prequalification procedures specified in the Islamic Development Bank’s Guidelines for the Procurement of Goods, Works, and Related Services under IsDB Project Financing, April 2019, revised in February 2023(“Guidelines”) and is open to all bidders from eligible source countries as defined in the Guidelines. Bidding will be conducted through the open International Competitive Bidding (ICB Open) procedures as specified in the Guidelines.
7. Interested eligible Applicants may obtain further information from and inspect the prequalification document at the State Mortgage Company OJSC (address below) from 09:00 to 17:00 (Bishkek time), Monday to Friday. A complete set of the prequalification document in English may be purchased by interested Applicants on the submission of a written application to the address below and upon payment of a non-refundable fee of KGS 5,000 (five thousand Kyrgyz Som) or USD 60 (sixty US dollars). The method of payment will be bank transfer to the bank account below.

 

Bank details:

OJSC "State Mortgage Company"

Legal address: 720001, Bishkek, Ch. Aitmatov Ave. 1

 for the Northern region

Registration No. SFKR 101000567037

Current account: 1350150020124517

BIC: 135039

OJSC "Aiyl Bank" VIP Center

 

8. The document will be sent by email or may be obtained in person at the address below.          
9. Applications for prequalification should be submitted in sealed envelopes, delivered to the address below by 30 December 2025, 10:00 AM (Bishkek time), and be clearly marked “Application to Prequalify for Construction of Apartment Houses in the Sokuluk District of Chui Oblast (Works 1/2025; ICB No.: SMC/Residential Building Construction in Sokuluk).”

State Mortgage Company OJSC       
Attn: Mr. Zhekshenov Talant Tabylbekovich, Chairman of the Board        
1 Chyngyz Aitmatov Avenue, Building 2, Bishkek 720044, Kyrgyz Republic        
Tel: +996 (312) 563 004 Fax: +996 (312) 563 004
E-mail: info@gik.kg cc: mdjaychibaev@gik.kg