Westminster chosen to protect National Bank of Ethiopia

Westminster International announces that it has achieved preferred bidder status for the provision of comprehensive security solutions to the National Bank of Ethiopia.

Following a lengthy tender assessment and evaluation process, Westminster has received a formal letter of invitation confirming Westminster’s proposals have been conditionally accepted and inviting Westminster’s CEO, Peter Fowler, to the Bank’s Headquarters in Addis Ababa within the next ten days for final price negotiations.

The project, with a value of up to US $800,000, subject to final negotiations, comprises of a comprehensive security and surveillance solution involving circa 140 high performance CCTV surveillance cameras covering the National Bank’s three main buildings within Addis Ababa including the Mint, all of which will be controlled and monitored from a new central Control & Command system installed by Westminster.

The project is expected to commence immediately following contract signature and be largely completed during 2009.

Commenting on the contract award, Peter Fowler, Chief Executive of Westminster Group, said:

"I am particularly delighted that Westminster has been selected as preferred bidder on this project as we have been pursuing this opportunity for a number of years with an ever increasing scope of works requirement. The final tender process involved bidding companies from around the world. After a detailed evaluation process, Westminster’s proposals were deemed to be the best technically suited to the Bank’s security requirements.

"This is yet again a testament to our ability to design and provide solutions to meet our clients’ needs and to be able to deploy those solutions internationally as required".