Sofia, April 30 (BTA) - ICGB AD, the project company developing the Gas Interconnector Greece-Bulgaria, has announced a public procurement procedure for the design, delivery and construction of the facility, the company said on Monday.

The projected value of the public procurement is 145 million euro pre-VAT. The term is 18 month after the start of the construction works.

The selection procedure is in two stages: preliminary selection, and assessment and ranking of the bids of the pre-selected candidates.

In the preliminary selection ICGB will select the bidders having the requisite financial and technical capacity to carry out the works.