Maldives
Amendment to IFB and ITB - 2
Regarding Invitation for Bids (IFB) for the Lease of Land for the Development and Operation of Tourist Guesthouse and City Hotel in Addu City,
Reference No: (IUL) 426-AB/426/2021/112 (14th March 2021)
The Addu City Council (the “Council”), representing the Government of Maldives, hereby announces the second Amendment to Invitation for Bids (the “IFB”) and Information to Bidders (the “ITB”) for the Lease of Land for the Development and Operation of Tourist Guesthouses and City Hotels in Addu City Reference No: (IUL) 426-AB/426/2021/112.
Amendments to ITB
ITB Clause 12
12.1 The Bidder shall submit a Bank Guarantee as Bid Security amounting to as mentioned below, issued by a reputable financial institution acceptable to the Council, in accordance with Form 2 in Annex VI of the Bidding documents, and valid for 90 (Ninety) calendar days beyond;
12.1.1 The Bid Opening Date in the IFB Reference No: (IUL) 426-AB/426/2021/112)
OR
12.1.2 The Bid Opening Date in the first Amendment to IFB and ITB Ref No: (IUL)426-AB/426/2021/156)
i. USD 1,200 or MVR 18,504 for land plots in category E
ii. USD 1,500 or MVR 23,130 for land plots in category D
iii. USD 2,500 or MVR 38,550 for land plots in category C
iv. USD 3,500 or MVR 53,970 for a land plots in Category B
v. USD 5,000 or MVR 77,100 for a land plots in Category A