INVITATION FOR BIDS

Invitation for Bids (the “IFB”) for the Lease, Development, Operation and Management of Supporting Tourist facility in the Savaahili Island in Addu City

1. Addu City Council invites eligible investors (local or foreign) to submit their interest to develop a tourist facility of 79,753.74 Square Meters (858,462.11 Square Feet) of land and allocated Lagoon area in Savaahili Island in Addu City as a tourist facility which shall cater to all the other Resorts, Tourist Hotels, Tourist Guest Houses and other Tourism service providers in Addu.
2. Investment shall include a minimum of 10 rooms, a restaurant, a bar, indoor and outdoor sports facilities, water sports center, spa and wellness center, common swimming pool and other tourist related facilities.
3. The land will be leased for a maximum period of 50 (Fifty) years pursuant to section 8 of the Tourism Act (Law No. 2/99).
4. Interested parties may obtain further information, inspect and purchase the Bidding Documents from 09^th April 2025 up to the 20^th April 2025, between 09:00 am to 13:00 pm at the following address:
   
   Secretariat of the Addu City Council
   Medheaari Magu
   Republic of Maldives
   Telephone:  +960 6885003
   Email: [email protected]
   
   
5. Bidding Documents may be purchased by e-mailing the completed application form to [email protected]. The application form can be downloaded from the councils’ website www.adducity.gov.mv.
6. The price of a set of Bidding Documents for individuals or companies/partnerships registered or re-registered in the Republic of Maldives with 100% Maldivian ownership shall be MVR 15,000.00 (Maldivian Rufiyaa Fifteen Thousand)  and for foreigners  USD 1000 (United States Dollars One Thausand). Payment for the bid document is non-refundable.
7. The following shall be submitted with the application form:
   a) Documentary evidence of applicants (Copy of national identity card or passport for individuals, copy of registration certificate of the business).
   b) Payment for the Bidding Documents as specified in Clause 6 of the IFB.
8. Up-on payment for Bidding Documents, a receipt shall be issued which shall include the Bid Serial Number.
9. The Bidding Documents and the Bid Serial Numbers are non-transferable.
10. Each Bidder shall submit only one Bid for each land category.
11. A pre-bid meeting to provide information for interested parties who has purchased bid documents shall be held virtually on 22^nd April 2025 at 10:00 hrs.  Meeting link will be shared with the parties who purchased the Bidding Document.
12. Bid Submission and Bid Opening
    12.1 Bidders or their representatives must be present with sealed Bids 10 minutes before the start of the Bid opening session on 15^th May 2025 at 13:00 hrs (Maldivian Time) on at Secretariat of the Addu City Council or any other venue that the Council may announce. Bids will be opened in the presence of bidders or their representatives who choose to attend the Bid Opening session.
13. Reference clock GMT+5. Bidders are strictly advised to be present 10 minutes before the set time.
14. Any changes of venue for the events pursuant to IFB Clause 11 and 12 will be announced through the print and electronic media. No further notification of the time, date and/or the venue for the events will be issued by the Addu City Council.