The Republic of Serbia has received a loan from the European Investment Bank toward the cost of the Project: Public Sector Research and Development, and it intends to apply part of the proceeds of this loan to payments under the Contract for Sub-project: The New Capital Equipment.

The Government of the Republic of Serbia on 22nd July 2010 passed the Decision to establish a company "PIU Research and Development Ltd." for managing the project that concerns a series of investments aimed at revitalizing the country's public Research and Development activity.

The Ministry of Education and Science as The Project promoter and responsible for its implementation and PIU Research and Development Ltd. No. 22-26 Nemanjina street 11000 Belgrade, Serbia, as the Employer, now invite eligible and qualified bidders for Procurement of computers and computer equipment for the needs of scientific research.

Contract will be signed with the best bidder in an open procedure, in accordance with the contract conditions determined in the Tender documents and all other documents that will be a consistent part of the Contract. The contract is expected to be implemented from April to May 2012.

The criterion to be used in the tender evaluation is the lowest Evaluated Tender Price.

The right to participate in this international tender belongs to all interested entities that fulfill the mandatory conditions for the participation in the procedure. The bidder is obliged to submit the evidence on the fulfillment of the conditions that are in particular determent in tender documents.

Interested parties may obtain further information from, and inspect the tender documents at:

PIU Research and Development Ltd.

Makenzijeva Street No. 24

11000

Belgrade

www.piu.rs

tender@piu.rs

+381 652009110

Tender documents can be taken over at the above mentioned address every working day after publishing of this public announcement between 12 and 16pm, providing authorization for taking over the procurement documents and evidence of payment of 50 EUR (and all additional bank fees) or equivalent in RSD calculated according to the average exchange rate of the National Bank of Serbia on the day of the payment, for the cost of copying and delivery of procurement documents. The payments are non-refundable. The payment shall be paid to the PIU Research and Development Ltd account at Komercijalna Banka ad Beograd No. 205-160097-44, payment purpose indication: "Tender Documents Costs", payment code 221, reference number IOP/1-2012/G.

Any bidders asking for the delivery of the tender documents will receive it by mail on bidder's expense, on request, against a faxed copy of the evidence of the remittance, without any liability in case of lost or delay.

If the currency of payment is EUR se the following:

Intermediary Bank/ Correspondent Bank

Swift ? BIC: COBADEFF

Name: COMMERZBANK AG

City, Country: FRANKFURT AM MAIN, GERMANY

Account with institution/ Beneficiary's Bank

Swift ? BIC: KOBBRSBG

Name: KOMERCIJALNA BANKA AD BEOGRAD

Street: Svetog Save 14

City, Country: 11000 Belgrade, Republic of Serbia

Beneficiary

IBAN/ Account Number: RS 35205007010039485382

Company name: JUP ISTRA?IVANJE I RAZVOJ DOO BEOGRAD

Street: NEMANJINA 22-26

City, Country: Beograd ? Savski venac, Republic of Serbia

bearing the name of the tender "Procurement of computers and computer equipment for the needs of scientific research".

A Bid Security of 50 000 EUR or equivalent in RSD calculated according to the average exchange rate of the National Bank of Serbia on the day of the payment, for fulfillment of the conditions indicated in the Bid, must accompany all bids.

All bids must be delivered in closed envelopes marked with the reference "Procurement of computers and computer equipment for the needs of scientific research" not later than March 12, 2012 at 12 pm at the above mentioned address. Bids received after the above mentioned cut-off date will be considered untimely. Untimely bids will not be opened and will be returned to the bidder, marked as "Untimely".

Eligible bids will be opened at 1 pm on the same day in the presence of Bidders' authorized representatives who choose to attend. The attending representatives of bidders must present to the tender Commission, prior to the public opening of the bids received, a written authorization for attending the public opening.