Maldives
Invitation for Bids (the “IFB”) for the Lease, Development, Operation and Management of a Tourist Resort
1. The Government of Maldives (hereinafter referred to as the “Government”) represented by the Ministry of Tourism (hereinafter referred to as the “Ministry”), hereby announces public tendering for the lease, development, operation and management of a Tourist Resort in the below mentioned uninhabited islands or plot of land in uninhabited island (hereinafter referred to as the “Islands”), with the specified number of beds.
|
No# |
Atoll |
Island name |
Est. Size (Ha) |
Proposed minimum number of beds |
Available for reclamation (Yes/No) |
GPS Coordinates |
|
1 |
Haa Alif |
Alidhuffarufinolhu |
3.00 |
230 |
Yes |
6°51'39''N 73°6'16''E |
|
2 |
Haa Alif |
Medhafushi |
10.90 |
320 |
No |
7°0'38''N 72°56'2''E |
|
3 |
Haa Dhaal |
Kudafarufasgan’du |
1.20 |
230 |
Yes |
6°42'43''N 72°55'30''E |
|
4 |
Shaviyani |
Kudalhaimendhoo |
14.70 |
430 |
Yes |
6°0'54''N 73°17'44''E |
|
5 |
Raa |
Eh’thigili (with 10 Hectares from R. Alifushi Lagoon) |
10.90 + 10 |
290 |
Yes |
|
|
6 |
Meemu
|
Seedheehuraa |
1.28 |
230 |
Yes |
2°51'28''N 73°33'28''E |
|
Seedheehuraa Veligan’du (with Seedheehuraa) |
3.00 |
2°51'34''N 73°33'15''E |
||||
|
7 |
Meemu |
Maausfushi |
10.40 |
290 |
No |
2°48'14''N 73°26'1''E |
|
8 |
Faafu |
En’bulufushi |
1.00 |
230 |
Yes |
3°8'4''N 73°1'6''E |
|
9 |
Faafu |
Jinnathugau |
0.89 |
230 |
Yes |
3°12'1''N 72°59'53''E |
|
10
|
Thaa |
Kaaddoo |
3.9 |
230 |
Yes |
2°16'54''N 73°15'16''E |
|
11 |
Thaa |
Olhufushi |
3.00 |
230 |
Yes |
2°21'57''N 72°54'31''E |
|
Olhufushifinolhu (with Olhufushi) |
0.54 |
Yes |
2°22'17''N 72°54'30''E |
|||
|
12 |
Laamu |
Kashidhoo |
3.1 |
230 |
Yes |
1°55'9''N 73°15'12''E |
|
13 |
Laamu |
Bodumun’yafushi |
3 |
230 |
Yes |
1°59'20''N 73°18'30''E |
|
14 |
Laamu |
Dhonberahaa |
1.44 |
230 |
Yes |
2°4'16''N 73°32'9''E |
|
Laamu |
Holhurahaa (with Dhonberahaa) |
0.6 |
2°4'6''N 73°32'20''E |
|||
|
15 |
Gaaf Alif |
Maarehaa |
17.00 |
490 |
No |
0°27'41''N 73°33'50''E |
|
16 |
Gaaf Alif |
Funadhooviligilla |
5.00 |
150 |
No |
0°34'10''N 73°31'12''E |
|
17 |
Gaaf Dhaal |
Kan’dahalagalaa |
7.4 |
210 |
No |
0°13'30''N 73°13'0''E |
|
18 |
Gaaf Dhaal |
Fereythaviligilla (as a cluster) |
1.4 |
230 |
Yes |
0°22'19''N 73°1'26''E |
|
Dhekaan’baa (with Fereythaviligilla) |
2.39 |
0°22'25''N 73°1'21''E |
||||
|
Koderataa (with Fereythaviligilla) |
2.5 |
0°22'4''N 73°1'31''E |
||||
|
island on coordinate number 0°22’12.86”N 73°1’28.98” E |
2.97 |
0°22'12.86"N 73°1'28.98"E |
2. The Ministry now invites sealed bids from eligible bidders, local and foreign (hereinafter referred to as the “Bidder”) for the acquisition of the leasehold rights of the above.
3. The islands shall be leased for a period of 50 (Fifty) years pursuant to Section 8 of the Law Number 2/99 (Maldives Tourism Act).
4. The islands shall be granted a construction period of 36 (Thirty Six) months from the date of signing the lease agreement. Islands eligible for reclamation may be granted an additional period of up to 18 months based on their proposed development concept.
5. The Bidder is required to propose an amount of no less than below specified amounts which shall be paid to the Government as the lease acquisition cost (hereinafter referred to as the “LAC”) of the Islands, to be paid, on or before 60 (Sixty) days from date of the Letter of Award for the acquisition of the leasehold rights of the islands. (hereinafter referred to as the “LOA”).
|
No# |
Atoll |
Island name |
Est. Size (Ha) |
Minimum LAC (USD) |
|
1 |
Haa Alif |
Alidhuffarufinolhu |
3.00 |
350,000 |
|
2 |
Haa Alif |
Medhafushi |
10.90 |
875,000 |
|
3 |
Haa Dhaal |
Kudafarufasgan’du |
1.20 |
200,000 |
|
4 |
Shaviyani |
Kudalhaimendhoo |
14.70 |
1,000,000 |
|
5 |
Raa |
Eh’thigili (with 10 Hectares from R. Alifushi Lagoon) |
10.90 + 10 |
250,000 |
|
6 |
Meemu |
Seedheehuraa |
1.28 |
875,000 |
|
Meemu |
Seedheehuraa Veligan’du (with Seedheehuraa) |
3.00 |
||
|
7 |
Meemu |
Maausfushi |
10.40 |
1,500,000 |
|
8 |
Faafu |
En’bulufushi |
1.00 |
350,000 |
|
9 |
Faafu |
Jinnathugau |
0.89 |
350,000 |
|
10 |
Thaa |
Kaaddoo |
3.9 |
700,000 |
|
11 |
Thaa |
Olhufushi |
3.00 |
700,000 |
|
Olhufushifinolhu (with Olhufushi) |
0.54 |
|||
|
12 |
Laamu |
Kashidhoo |
3.1 |
700,000 |
|
13 |
Laamu |
Bodumun’yafushi |
3 |
700,000 |
|
14 |
Laamu |
Dhonberahaa |
1.44 |
500,000 |
|
Holhurahaa (with Dhonberahaa) |
0.6 |
|||
|
15 |
Gaaf Alif |
Maarehaa |
17.00 |
1,400,000 |
|
16 |
Gaaf Alif |
Funadhooviligilla |
5.00 |
700,000 |
|
17 |
Gaaf Dhaal |
Kan’dahalagalaa |
7.4 |
875,000 |
|
18 |
Gaaf Dhaal |
Fereythaviligilla (as a cluster) |
1.4 |
700,000 |
|
Dhekaan’baa (with Fereythaviligilla) |
2.39 |
|||
|
Koderataa (with Fereythaviligilla) |
2.5 |
|||
|
island on coordinate number 0°22’12.86”N 73°1’28.98” E |
2.97 |
6. The Bidder is required to submit a bank guarantee as a bid security (hereinafter referred to as the “Bid Security”) amounting to USD 50,000 (Fifty Thousand United States Dollars Only), issued by a reputable financial institution approved by MMA or the relevant financial regulatory authority in the country of issuance, in accordance with Form 2 in Annex II of the Bidding Documents, and valid for 150 (One hundred and Fifty) calendar days beyond the Bid Opening Date (hereinafter referred to as the“Bid Security”).
7. The Ministry shall evaluate and compare Substantially Responsive Bids and the Highest Bidder shall be selected based on the below criteria for the islands.
|
No # |
Category |
Marks (%) |
|
1 |
Pre-requisite: Proof of financial capacity- 20% Equity of projected investment. (Minimum Investment Value per room - $100,000) |
Yes/No |
|
2 |
Price (Lease Acquisition Cost (LAC)) (Proposed LAC by the bidder / Highest proposed LAC) x 60 |
60 |
|
3 |
Low Carbon Development: a) Up to 60.1% to 70% Renewable Energy Usage (7 marks) - 0 – 10% ; (1 mark) - 10.1% – 20% ; (2 marks) - 20.1% – 30% ; (3 marks) - 30.1% – 40% ; (4 marks) - 40.1% – 50% ; (5 marks) - 50.1% – 60% ; (6 marks) - 60.1% – 70% ; (7 marks) b) Energy Efficiency propositions; 1 mark per each proposition (3 marks) |
10
|
|
4 |
Discouragement of unsustainable practices a) Construction of harbour (-5 marks) b) Clearance of natural vegetation greater than 40% (-2 marks) c) Proposed reclamation for reclamation restricted islands (-10 marks)
|
-17
|
|
5 |
Socio- Economic: a) Increase Gender Parity (Minimum 5%, up to 10% of local females:5 marks, minimum 5%, up to 10% of local female in mid-management: 5 marks) (10 marks) b) Proposed local Staff Parity up to 70% of locals (10 marks) - 45% - 55% ; (3 marks) - 55.1% - 65%; (7 marks) - 65.1% - 70%; (10 marks)
|
20
|
|
6 |
Contribution to Tourism Trust Fund – Training fund (Proposed contribution to the training fund by the bidder / Highest proposed contribution to the training fund) x 10 50% of this contribution has to be made as an upfront payment with the LAC. The pending contribution shall be made over a period of 5 years after the commencement of operations.
|
10
|
8. Further, the successful bidder has to comply with the agreed propositions during the operational stage of the resort. Any failure to do so will result in fines on a pro-rata basis for the weightage of the marks scored as stated below.
|
# |
Category |
Applicable financial penalty (USD) |
|
1 |
Low Carbon Development: a) Up to 60.1% to 70% Renewable Energy Usage b) Energy Efficiency propositions; 1 mark per each proposition |
Up to USD 500,000 (Five Hundred Thousand United State Dollars) |
|
2 |
Discouragement of unsustainable practices
a) Construction of harbour b) Clearance of natural vegetation greater than 40% c) Proposed reclamation for reclamation restricted islands |
Up to USD 500,000 (Five Hundred Thousand United State Dollars) |
|
3 |
Socio- Economic:
a) Increase Gender Parity b) Proposed local Staff Parity up to 70% of locals |
Up to USD 500,000 (Five Hundred Thousand United State Dollars) |
9. The Highest Bidder shall within a period of 60 (Sixty) calendar days from the LOA, submit a report that provides an assessment of the environmental conditions of the islands, and its surrounding waters, which in particular identifies any deteriorating conditions of the same and further provides appropriate recommendations for addressing such issues. In addition, a land survey report of the islands produced by a Ministry’s approved surveyor shall be submitted to the Ministry within the period of 60 (Sixty) calendar days stated herein.
10. The Highest Bidder shall pay the LAC pursuant to the terms of the LOI and failure of which will result in the following;
a) Cancellation of the LOA; and
b) Forfeiture of the Bid Security; and
c) Awarding a new LOA to the next Highest Bidder under the terms of clause 7.
11. Interested parties may obtain further information and purchase the Bidding Documents from 31st October 2021 up to the 24th February 2022, between 09:00hrs to 13:00 hrs, at the following address or via email to [email protected].
Ministry of Tourism
5th Floor, Velaanaage
Ameer Ahmed Magu
Male’, Republic of Maldives
Telephone: + (960) 302 2200, + (960) 302 2266, Facsimile: + (960) 332 2512
Email: [email protected]
Website: http://www.tourism.gov.mv
12. An application form must be completed and submitted to the Ministry for the purposes of this IFB (hereinafter referred to as the “Application Form”). This Application form is available from the Ministry’s reception or from the Ministry’s website.
13. A set of the bidding documents for the purposes of this IFB (hereinafter referred to as the “Bidding Documents”), can be purchased from the Ministry. The price of the Bidding Documents for individuals, companies or partnerships registered shall be USD 2,250 (Two thousand two hundred and fifty United States Dollars Only)for locals and USD 3,250 (Three thousand two hundred fifty United States Dollars Only) for foreign entities. This payment is non – refundable.
14. The Application Form shall be accompanied by:
a) If the Bidder is a registered company, a board resolution granting the power of attorney to the person who will be signing the application form and tender documents on behalf of the company. If the bidder is a registered partnership, power of attorney to the person who will be signing the application form and tender documents on behalf of the partnership. This however, will not be applicable to individual bidders signing their application forms and their own bids.
b) If the Bidder is an individual a copy of their national identity card or passport. If the applicant is a company or partnership for individuals copy of the registration certificate.
c) Payment for the Bidding Documents as specified in Clause 13, which shall be paid to the Maldives Inland Revenue Authority (hereinafter referred to as the “MIRA”).
15. Upon payment for Bidding Documents, MIRA shall issue a payment receipt to the Bidder. The Bidder shall then submit this receipt to the Ministry, and the Ministry shall issue to the Bidder a unique bid serial number (hereinafter referred to as the “Bid Serial Number”).
16. The Bidding Documents and the Bid Serial Number are non-transferable.
17. Each bidder shall submit only one bid for each island.
18. A Bid will not be disqualified or deemed invalid for the reason that it is the only Bid submitted for the purposes herein.
19. Pre-bid meetings to provide information for interested parties shall be held virtually through ZOOM, as follows:
- Session 1 - 10:00 hrs Thursday, 04th November 2021
- Session 2 - 10:00 hrs Thursday, 20th January 2022
Those who wish to participate in the information session must email to [email protected] expressing the interest with name, email address and phone number, before 1200hrs on 3rd November 2021 and 19th January 2022 respectively.
20. Bids are to be delivered as follows, to the address in IFB Clause 11 or any other venue that the Ministry may announce;
- Bids submitted for Haa Alif, Haa Dhaal, Shaviyani and Raa Atoll islands - Before 10:00 hrs on Sunday, 27th February 2022.
- Bids submitted for Meemu, Faafu and Thaa Atoll islands - Before 13:00 hrs on Sunday, 27th February 2022.
- Bids submitted for Laamu, Gaaf Alif and Gaaf Dhaal Atoll islands – Before 10:00 hrs on Monday, 28th February 2022.
21. Bids will be opened in the presence of bidders or their representatives who choose to attend the event at the respective time and date stated on IFB Clause 20 at the office of the Ministry or at any other venue that the Ministry may announce.
22. Any change to the venue for the event pursuant to IFB Clause 11 will be announced through electronic media and posted on the website of the Ministry. No further notification of the time, date and/or the venue for the events will be issued by the Ministry.
23. For the avoidance of doubt, please note that all payments made pursuant to the IFB, Bid and ITB shall be made in United States Dollars.
