INVITATION FOR BIDS

Consultancy Services for asset valuation of S.Hankede, Maldives

MFMC is seeking a professional and competent valuation firm to value the following right of use asset which the company intends to develop as mandated by the Government. The purpose of this assignment is to determine the value of asset based on it’s related development projects to recognize as right of use assets in the books of MFMC and the value recognized as such to be used for information sharing for potential investors.

-          S. Hankeda: To be developed for integrated real estate tourism

The valuation exercise does not include conducting bathymetry survey and available inputs including measurements will be shared with the winning bidder to determine the market value of the asset.

A complete set of the bidding documents and related documentation is available on the Gazzete  with this advertisement.

Bid Validity and Bid Opening

Bids shall be valid for a period of 90 calendar days from the date of bid opening and shall be submitted to the Maldives Funds Management Corporation, before 11:30 AM Maldivian Time on 24^th November 2022. Late bids will be rejected.

The bids will be opened at 11:30AM on 24^th November 2022 in the presence of the bidders or their representatives, who wish to attend the bid opening.

Bid Clarification

Any clarifications to the bid may be sent to  below given mail address on or before 15^th November 2022, at 14:00 hours.

Email: [email protected]

Proposals must be sealed and addressed as below

“Do not Open Before 24^th November 2022 at 1130hrs – “Consultancy Services for asset valuation of S.hankede, Maldives” – IUL MFMC/I/2022/62”

Procurement Division                                                                                             

Maldives Fund Management Corporation

9A. H Orchid. Ameer Ahmed Magu, Male’ Republic of Maldives

Tel: (960) 3316363, (960) 3316807

[email protected]

Please include the Name contact number and email address of the bidder on the envelope.