Combined Group Contracting (CGC), Kuwait announces in a statement that it has submitted lowest bid for Long Term Supply agreement project issued from Kuwait Oil Company (KOC).
The company states that the works includes Long term supply Agreement for 6’’ & 12” Pipe for North & east Kuwait under Group 1 and Group 2.
CGC submits the price as KWD 48.5 million. (USD 158.2 million)
The Period of Contract is 3 years. The company pointed out that it has not yet received any official letter regarding the award of project, and it will announce any developments regarding the project in due course of time.