Invitation for bids

Re-Tender for Design and Build of 820 Meter asphalt Road

Thilafushi Corporation Limited (TCL) is a fully owned government entity with a broad mandate to develop Kaafu Atoll Thilafushi and its surrounding areas as an industrial zone.

TCL has decided to develop an Access Road on the existing causeway connecting Thilafushi 1 and Thilafushi Industrial Zone (TIZ).  TCL aims to resolve some existing critical issues such as inadequate land connectivity and to facilitate the provision’ of basic utility and communication network to TIZ.

As the technical bids received for the second call (Ref: TCL/PROC-TA/2016/015) were non-responsive, Thilafushi Corporation wishes to retender and invite financially and technically competent local and international contractors who are interested in undertaking this Design and Build of 820 Meter asphalt Road to submit proposals for Thilafushi Access Road Project.

Technically qualified bidders shall be informed of the Commercial Proposal opening venue, date and time. Disqualified bidders Commercial Proposal will be returned unopened. 

• Price of bid document is MVR 1542.00 (Maldivian Rufiyaa One Thousand Five Hundred Forty Two) or US$ 100.00 (USD One Hundred) Price of bid document is non-refundable. Parties that have paid in the previous calls will not have to pay again.
• A minimum Bank Guarantee of MVR 300,690.00 (Maldivian Rufiyaa Three Hundred Thousand Six Hundred Ninety) or US$ 19,500.00  (USD Nineteen Thousand Five Hundred) shall be submitted along with the bid and shall be valid for minimum 90 (Ninety) days.
• Only one proposal can be submitted by each party and proposals shall be valid for at least 90 (Ninety) days.
• Thilafushi Corporation reserves the right to reject proposals with incomplete information.

Bids will only be accepted by parties who have obtained the bidding document. Bids shall be submitted in two separate envelopes, one containing the Technical Proposal and the other containing the Commercial Proposal. Both envelopes must be sealed and marked. An original and one copy shall be submitted. Bid opening will be held at Thilafushi Corporation with all those who want to participate in the bid opening. For further queries please contact the procurement department.