Tender Details

AUCTION FOR INVEST, LEASE, AND OPERATE THE LULU MALL BUILDING IN MANAMA AT MANAMA CENTRAL MARKET

Tender Number: 577/2024/BTB (MUN/CM/AUC/12/2024)

PA Ref Number: MUN/CM/AUC/12/2024

Tender Description

Capital Municipality is looking forward to invite individuals and companies to Invest, Lease & Operate Building LULU MALL No.20 Road 336 Manama 314 for a period of 11 years, including a grace period of 12 months. At which the investor at his own expanse will develop, invest and maintain the building throughout the contract period. Capital Municipality in return will receive an interest for the rental of the Building.

Issued by
Capital Municipality
Internal/External
External
Invitation Method
Public (LOCAL GCC)
Initial Bond
BD 5000
Bid Validity / Initial Bond Validity Period (Days)
180 days
Tender Fees
BD 100
Contract Duration
11 Year
Is Alternate Bid Allowed
No
Publish Date
Thursday, 18 July 2024
Purchase Before
Saturday, 19 October 2024
Closing Date
Sunday, 27 October 2024
Opening Date
Monday, 28 October 2024

Additional Notes

Capital Municipality is looking forward to invite individuals and companies to Invest, Lease & Operate Building LULU MALL No.20 Road 336 Manama 314 for a period of 11 years, including a grace period of 12 months. At which the investor at his own expanse will develop, invest and maintain the building throughout the contract period. Capital Municipality in return will receive an interest for the rental of the Building.,

تتطلع أمانة العاصمة لدعوة الأفراد والمؤسسات إستثمار وتشغيل مبنى مجمع اللولو التجاري  رقم 20 طريق 336 مجمع 314 المنامة  لمدة 11 سنة ميلادية شاملة فترة السماح مدتها 12 شهراً، يقوم المستثمر وعلى نفقته الخاصة بتطوير العقار واستثماره وصيانتة طوال مدة العقد وتحصل أمانة العاصمة في المقابل على بدل انتفاع شهري.


How to Participate?

  • Those who are capable and wish to participate in the above tender have to purchase the Tender Documents online through the Bahrain Tender Board’s portal https://etendering.tenderboard.gov.bh starting from Thursday, 18 July 2024
  • Bidders are requested to enclose with their bids the Initial Bond for the amount specified above or at the rate of 1% of the tender value whichever amount is lesser, provided that no initial bonds value shall be less than BD 100/-. (Except for the Two-envelope tenders).
  • For Two-envelope tenders, bidders, are requested to enclose with their bids the Initial Bond for the amount specified above.
  • The initial bond should be in the form of a Certified Cheque, Bank Guarantee, Insurance Policy or Cash (or as specified in the Tender Documents) valid for the duration specified above.
  • The bids deposit place: (As Mentioned in the Tender Documents)
  • This tender is subject to the provisions of the Tender Law issued by the Legislative Decree No. 36 of 2002, its amendments, and its Implementing Regulations issued by the Decree No. 37 of 2002.
  • In addition, these conditions have to be considered:
    • Enclose copy of a valid Commercial Registration Certificate (CR) in line with the tender's subject.
    • Enclose copy of a valid certificate of compliance with the employment percentages for Bahraini manpower (Bahranization Certificate) issued by the Ministry of Labour.
  • This advertisement is considered supplementary to the tender documents. In case of any discrepancy between the Advertisement and the Tender Document, the Tender Document prevails.
  • Micro, small and medium enterprises are eligible to obtain 10% preference in the financial evaluation stage, when submitting the "SMEs Classification Certificate" during bidding for this tender. The certificate is awarded by Ministry of Industry Commerce and Tourism to the SMEs and can be obtained when applying on the SMEs Registration System which can be reached via the following link: https://www.moic.gov.bh/en/eServices/sme
  • Vendors who are not registered in the Tender Board's e-tendering system shall be required to register through the below-mentioned link, and for assistance please contact the Tender Board through email helpdesk@tenderboard.gov.bh or call on Tel No. +97317566617.
  • For Registration

Inquiries

For further inquiries please contact on:

Capital Municipality
  17983102-17983378-17983408