Pharo Ventures: Notification of Amendment to Bid Security, Performance Guarantee Requirements, and Extension of Bid Submission Deadline.

ADDENDUM NO. 01 Tender Reference: ICB/PV/PH/001/2026 Project: Supply, Installation, Testing, and Commissioning of CT Scan and MRI Equipment Date: June 23, 2026 To: All Prospective Bidders Subject: Amendment to Bid Security Requirement, Performance Guarantee Requirement, and Extension of Bid Submission Deadline This Addendum forms an integral part of the Tender Document for the Supply, Installation, Testing, and Commissioning of CT Scan and MRI Equipment and shall be read in conjunction with all other tender requirements. 1. Amendment to Bid Security Requirement The Bid Security requirement stated in the Tender Document is hereby amended as follows: Original Requirement: Bid Security in the amount of ten percent (10%) of the bidder's proposed bid value. Revised Requirement: Each bidder shall submit, together with its bid, an irrevocable and unconditional Bank Guarantee in the fixed amount of Ethiopian Birr Three Million (ETB 3,000,000). The Bid Security shall be issued in the name of Pharo Integrated Agriculture and Manufacturing PLC as beneficiary and shall clearly reference the applicable tender number and tender title. The Bid Security shall: Be issued by a reputable and licensed bank; Be submitted together with the bid documents; Remain valid for a period of 60 days from the bid submission deadline date; and Be payable upon first written demand by the Purchaser in accordance with the tender conditions. Failure to submit the required Bid Security shall result in rejection of the bid as non-responsive. 2. Performance Guarantee Requirement The successful bidder shall furnish an irrevocable and unconditional Performance Guarantee issued by a reputable and licensed bank in an amount equivalent to ten percent (10%) of the final contract value. The Performance Guarantee shall be submitted within the timeframe that will be specified in the Letter of Award and prior to contract signing. Failure to submit the required Performance Guarantee within the stipulated timeframe m