Maldives
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/88/2025/95 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:
- 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:
|
10 |
|
5 |
Corporate Social Responsibility (CSR) Contribution (Proposed CSR contribution by the bidder / Highest proposed CSR contribution) x 10
|
10
|
b) Clause 8 of the IFB:
- 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:
|
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:
|
Up to USD 500,000 (Five Hundred Thousand United State Dollars) |
c) Clause 11 of the IFB:
- 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:
- Bids are to be delivered on or before 10:00hrs 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) |
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:
|
10 |
|
5 |
Corporate Social Responsibility (CSR) Contribution (Proposed CSR contribution by the bidder / Highest proposed CSR contribution) x 10
|
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:
|
Up to USD 500,000 (Five Hundred Thousand United State Dollars) |