Ministry of Tourism and Environment
Maldives
First Amendment to the IFB & ITB of the Bidding Document for the Lease, Development, Operation and Management of Tourist Resorts

The following amendment is made to the Bidding Document for the Lease, Development, Operation and Management of Tourist Resorts pursuant to the Invitation for Bids (IFB) number (IUL)88-PS/88/2025/96 dated 31st March 2025 and Instruction to Bidders (ITB).

 

  • Amendment to the date for obtaining further information and the purchase of bidding documents.
  • Amendment to the deadline for bid submission.
  • Revision of the bid evaluation criteria.

Hence, the following Clauses of the IFB & ITB are to be amended as below.

a)       Clause 7 of the IFB:  

 

  1. The Ministry shall evaluate and compare Substantially Responsive Bids and the Highest Bidder shall be selected based on the below criteria for the Plot of Lagoon.

No #

Category

Marks (%)

1

Pre-requisite:

Proof of financial capacity- 20% Equity of projected investment.

(Minimum Investment Value per room - $75,000)

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 (20 marks)

-        0 – 10%; (1 mark)

-        10.1% – 20%; (5 marks)

-        20.1% – 30%; (8 marks)

-        30.1% – 40%; (11 marks)

-        40.1% – 50%; (14 marks)

-        50.1% – 60%; (17 marks)

-        60.1% – 70%; (20 marks)

20

 

4

Human Capital Development:

Conduct a minimum of two certified training courses from each of the following qualification levels in Tourism and Hospitality related fields:

  • Certificate Level 5
  • Certificate Level 6
  • Certificate Level 7

10

5

Corporate Social Responsibility (CSR) Contribution

(Proposed CSR contribution by the bidder / Highest proposed CSR contribution) x 10

 

CSR contribution must be made as an upfront payment with the LAC. commencement of operations.

 

10

 

 

 

b)     Clause 8 of the IFB:  

 

  1. Furthermore, the successful bidder must 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:

  1. Up to 60.1% to 70% Renewable Energy Usage

Up to USD 500,000 (Five Hundred Thousand United State Dollars)

2

Human Capital Development:

Conduct a minimum of two certified training courses from each of the following qualification levels in Tourism and Hospitality related fields:

  • Certificate Level 5
  • Certificate Level 6
  • Certificate Level 7

Up to USD 500,000 (Five Hundred Thousand United State Dollars)

 

 

c)     Clause 11 of the IFB:

  1. Interested parties may obtain further information and purchase the Bidding Documents from 07th April 2025 up to the 7th July 2025, between 09:00hrs to 13:00 hrs, at the following address or via email to [email protected].

 

d)    Clause 20 of the IFB:  

  1. Bids are to be delivered on or before 13:00hrs on Wednesday, 9th July 2025, to the address in IFB Clause 11 or any other venue that the Ministry may announce;

e)     Clause 22.3 and 22.4 of the ITB:  

 

22.3 Bids will be evaluated 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 - $75,000)

Yes/No

2

Price (Lease Acquisition Cost (LAC))

(Proposed LAC by the bidder / Highest proposed LAC) x 60

60

3

Low Carbon Development:

f)      Up to 60.1% to 70% Renewable Energy Usage (20 marks)

-        0 – 10%; (1 mark)

-        10.1% – 20%; (5 marks)

-        20.1% – 30%; (8 marks)

-        30.1% – 40%; (11 marks)

-        40.1% – 50%; (14 marks)

-        50.1% – 60%; (17 marks)

-        60.1% – 70%; (20 marks)

10

 

4

Human Capital Development:

Conduct a minimum of two certified training courses from each of the following qualification levels in Tourism and Hospitality related fields:

  • Certificate Level 5
  • Certificate Level 6
  • Certificate Level 7

10

5

Corporate Social Responsibility (CSR) Contribution

(Proposed CSR contribution by the bidder / Highest proposed CSR contribution) x 10

 

CSR contribution has to be made as an upfront payment with the LAC. commencement of operations.

 

10

 

 

f)      Clause 22.4 of the ITB:  

 

22.4  Furthermore, the successful bidder must 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

Up to USD 500,000 (Five Hundred Thousand United State Dollars)

2

Human Capital Development:

Conduct a minimum of two certified training courses from each of the following qualification levels in Tourism and Hospitality related fields:

  • Certificate Level 5
  • Certificate Level 6
  • Certificate Level 7

Up to USD 500,000 (Five Hundred Thousand United State Dollars)

15 May 2025
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