Letter of Invitation for Bid

Date: 25^th March 2018

Invitation of Tenders No: HDC (161)-PRO/IU/2018/37

1. The [Housing Development Corporation Limited] invites sealed tenders from eligible bidders for construction, completion and remedying of any defects of [Construction of Harbour 2, Channel 2 and Beach Formations in Hulhumale’ ].

1. The [Housing Development Corporation Limited] has obtained financing from the Saudi Fund for development (SFD) for the financing of [Construction of Harbour 2, Channel 2 and Beach Formations in Hulhumale’]

1. Tenderers may obtain further information about this Invitation of Tenders the office of [Housing Development Corporation, Ground Floor, HDC Building, Hulhumale’, Republic of Maldives].

1. A complete set of the tender documents may be obtained by the interested Tenderers on submitting a written application to the aforesaid office and upon payment of non-refundable fee of USD 1,500.00 (United States Dollars One Thousand Five Hundred or equivalent MVR) no later than 8^th April 2018 Bidders may contact us at [email protected] to acquire the bid document.

1. Tenders must be submitted to the office mentioned below in clause 7, not later than 14:00hrs on 9^th May 2018 and must be accompanied by a tender security, in accordance with the Instructions to Tenderers, in the amount of [USD Two Hundred Thousand Only (USD 200,000.00)]

1. Tenders will be opened in a session to be held at the office mentioned below in clause 7, and in the presence of representatives of tenderers who wish to attend. This session will take place at time and date tabulated in clause 7 of this section or such other time and date as may be notified to the tenderers.

1. Dates and timing for the tender process.

Yours Sincerely,

Fathimath Shiuny

Director

Housing Development Corporation Ltd. (Employer)