Bumar considers appeal against Iraqi arms tender decision<BR>

Bumar's bid, rejected in favor of a consortium led by Nour, a US firm, which also includes two Polish companies, was priced at $558 million, while the winning offer was worth $327 million. The company has requested further information from the tender's organizers, the U.S. appointed interim government of Iraq, which includes the rationale for the outcome of the tender, a description of significant differences between the bids and the prices of individual items. "If after a detailed analysis, we decide that there are grounds for an appeal, we will ask the supervising boards to take appropriate action," said Bumar Vice President Andrzej Spis. "Our owner is the state treasury, that is to say the government." (Puls Biznesu, p. 9) A.N.