[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Tekfen Construction and Installation Co. Inc., an affiliate of Tekfen Holding Company, has received a letter of award from the Central Bank of the Republic of Azerbaijan (CBA) as the owner of the project, for the Design and Build of a Headquarters and has commenced contract negotiations. The scope of work consists of engineering, equipment and material procurement, construction and turn-key delivery of the CBA Headquarters. The total duration of the project is 36 months. The project amount, which is expected to be in the order of 250 million USD, will be announced with the signature of the contract.