CBI Issues Tender for Currency Counting and Sorting Machines

By John Lee.

The Central Bank of Iraq (CBI) has announced General Tender No. (1/2025) for the supply, installation, and operation of 65 currency counting and sorting machines for its branches in Basra (35 units) and Mosul (30 units).

The contract, with an estimated value of IQD 1.134 billion (approx. $865,000), will be financed from the CBI's 2025 budget allocations for both branches.

Legally accredited agents of specialized companies in Iraq are invited to purchase tender documents in person from the CBI's Legal Department, Contracts Section (Baghdad, Al-Rasheed Street, Building No. 2, 3rd Floor) for a non-refundable fee of IQD 250,000. Documents are also available for electronic purchase via the CBI's online platform, with additional service fees applicable.

The deadline for bid submission is Sunday, 16 March 2025, before the close of business. Bids must be submitted to the Legal Department, Contracts Section at the specified CBI address.

The successful bidder will bear all applicable Iraqi taxes and fees, along with advertising, publication, and electronic archiving costs.

(Source: CBI)