Bids to build 300 Madinat Salman homes in Bahrain to be reviewed
Bahrain's Tender Board stated the bid's opening date as 27 December, 2018
The contracting bid submission process to build 303 villas on Island 14 of Bahrain's Madinat Salman closes today, with applications due to be opened on Thursday, 27 December.
According to the tender document, the project will be funded by a Kuwait government grant through Kuwait Fund for Arab Economic Development (KFAED), with preference given to Kuwaiti Grade ‘A’ contractors registered with the Kuwait Central Tender Committee.
Contractors registered in Bahrain should be categorised as Grade A with Bahrain’s Ministry of Housing, and/or Grade AA in Building Construction Projects with the kingdom’s Ministry of Works.
Bahrain's Tender Board listed 27 December as the bid's opening date.
An initial six-month bond of $13,271 (BHD5,000) was to be provided by those organisations wishing to bid. The last date for submitting bids was 26 December, 2018.
The news comes as activity in Bahrain's social housing sector picks up steam. Government-backed real estate developer Edamah told Construction Week in November that it had identified five construction projects worth millions of dollars that it would push under a seven-year development strategy.
There is believed to be strong coordination between Edamah and various government departments to strengthen sustainable development in Bahrain, in line with the government’s vision for the modernisation of the country.
November 2018 also saw Bahrain’s King Fahd Causeway Authority invite bids from transaction advisory services consultants to implement the transition phase of the King Hamad Causeway project.