INVITATION FOR BIDS
Invitation for Bids (the “IFB”) for the Lease, Development, Operation, and Management of an Entertainment and Recreation Facility on Savaahili Island, Addu City.
1. Addu City Council invites eligible investors (local or foreign) to submit their interest for the development of the land measuring 79,753.74 square meters (858,462.11 square feet), together with the allocated lagoon area on Savaahili Island in Addu City, for the establishment and operation of an entertainment and recreational facility.
2. The proposed investment shall include the development, operation, and maintenance of entertainment and recreational facilities, including but not limited to the creation and maintenance of a beach area, provision of convenient public access to and from Savaahili Island, water sports and marine recreational activities, swimming pool facilities, indoor and outdoor games and recreational activities, public amenities including toilets and shower facilities, food and beverage services, entertainment facilities, and other complementary facilities that enhance visitor experience and promote the sustainable use and enjoyment of the area.
3. The land shall be leased for a maximum period of fifty (50) years.
4. Interested parties may obtain further information and inspect or purchase the Bidding Documents from 19th July 2026 to 30th July 2026, between 9:00 a.m. and 1:00 p.m., 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 DollarsOne 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.
11. A pre-bid meeting to provide information for interested parties who has purchased bid documents shall be held virtually on 9th August 2026 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 17th September 2026 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 to the venue of the events referred to in Clauses 11 and 12 of this Invitation for Bids (IFB) will be announced through the print and electronic media. No further notification regarding the date, time, or venue of these events will be issued by the Addu City Council.