GENERAL TERMS AND CONDITIONS
for conducting CLOSED (SEALED-BID) TENDERS for LEASING/RENTING real estate properties – agricultural land for the 2026–2027 farming year
The organizer of the public tenders for leasing/renting real estate properties – agricultural land – is Agrion.
The properties are offered in packages (en bloc) in accordance with Annexes containing detailed property descriptions.
Information, as well as a list of package annexes containing descriptions of all individually identified properties subject to the tender, together with the starting tender price for each individual package, is available on Agrion’s official website: www.agrion.bg, and may also be obtained from Agrion’s brokers – the respective regional representatives.
The participation deposit (bid bond) for each individual public tender amounts to 10% of the starting tender price for the respective property package. The deposit shall be paid in advance to a bank account held by “Omega Agro Invest” Ltd. (co-organizer of the tenders), as follows:
IBAN: BG19STSA93000014791763
BIC: STSA BGSF
Bank: DSK Bank AD
The deposit must be credited to the above account no later than 17:00 on the specified deadline for submission of documents, namely: 27 February 2026.
The payment order must mandatorily indicate the package number, as well as the full name and Personal ID number (EGN) / company name and Company ID (UIC) of the participant submitting the bid. If the deposit is paid by a third party, the payment order must also indicate the name/company name of the participant on whose behalf the payment is made.
The payment document for the deposit must be attached to the bid proposal. A single payment order may cover several deposits for different packages. Where numerous packages are concerned and it is not possible to list all package numbers in the payment order, a separate list specifying the relevant package numbers shall be attached to the payment order.
A separate bid proposal shall be submitted for each individual public tender. Each bidder shall indicate the offered price in figures (total price for the package) and attach the deposit payment document and a power of attorney (where applicable).
By submitting a bid proposal, participants declare their acceptance of these General Terms and Conditions. Bidders may participate personally or through a duly authorized representative under written power of attorney (notarization is not required).
Bid proposals may be submitted online, in person, or by post. If not submitted online, the proposal must be placed in a sealed envelope indicating the bidder’s name, the package number, and the note:
“Application for participation in a tender for LEASE/RENT of agricultural land.”
Bid proposals may be submitted as follows:
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Online via www.agrion.bg
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In person at the central office in Plovdiv, 5 Dunav Blvd.
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By courier or Bulgarian Post to the address указан above
All proposals must be received no later than 17:00 on 3 April 2026.
The submission deadline is identical for all packages. The organizer reserves the right to extend the deadline at its discretion by publishing a new deadline on Agrion’s official website.
The tender shall be conducted in absentia with respect to bidders, after the submission deadline, by a commission appointed by the organizer.
Only participants who:
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have submitted bids equal to or higher than the starting price;
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have paid the required deposit within the specified deadline;
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have submitted all required documentation
shall be admitted to participate.
Related parties within the meaning of §1 of the Bulgarian Commercial Act shall not be admitted to participate in the same package tender.
Incomplete applications shall be deemed invalid unless the missing documents are provided on the day of the tender or within an additional deadline determined by the commission.
Participants may choose to conclude either:
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a lease agreement for a term of 1 farming year; or
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an agricultural lease (arenda) agreement for a term of 5 farming years.
The ranking of participants shall take place after the submission deadline. A formal protocol shall be prepared by the commission. On the day of the tender, the commission shall open all sealed envelopes and review all online bids. All valid bids shall be recorded and ranked according to the offered rental prices.
If two or more candidates offer the same highest price for a given package, an open bidding procedure shall be conducted between them, starting from the offered price. The organizer shall determine the additional conditions for such open bidding.
The ranking protocol and tender documents are subject to approval by the organizer. Approval constitutes grounds for continuation of the tender procedure.
Following approval, a lease/agricultural lease agreement shall be signed with the participant ranked first and having submitted the best price offer.
The winning participant shall also include in the agreement any other properties used under agreements concluded with predecessors of the lessor/landlord (where the owner acquired properties subject to existing lease agreements). In such cases, existing contracts shall be renegotiated under identical terms.
A participant submitting a bid for an agricultural lease agreement undertakes to sign an additional agreement providing that the lease shall be terminated in the event of delay in any part of the lease payment.
The agricultural lease agreement provides for fixed annual rent increases as follows: 7% – 7% – 6% – 6%.
On the date of signing the agreement(s), the winning bidder must pay the remaining rent amount for the 2026–2027 farming year (after deduction of the deposit).
Agreements shall only be signed with participants who have no outstanding liabilities under existing lease agreements with the property owner, its predecessors, or related parties.
All expenses related to documentation and execution of the agreement(s) shall be borne by the tenant/lessee.
If the winning bidder fails to pay the remaining amount and/or fails to sign the agreement within the specified term, the deposit shall not be refunded. In such case, the next-ranked bidder shall be invited to conclude an agreement at their offered price. This procedure shall continue until all ranked bids are exhausted.
The leasing procedure shall be deemed completed upon payment of the due rent and execution of the lease/agricultural lease agreement.
Deposits of unsuccessful participants shall be refunded within fourteen (14) days after conclusion of the agreement for the respective tender.
