TDIC seeks contractors for nine Saadiyat blocks

Developer looking for companies to pre-qualify for residential project

NEWS, Business

Abu Dhabi's governmnent-owned Tourism Development & Investment Co (TDIC) has called for contractors interested in building a major residential project at Saadiyat Island to pre-qualify for the work.

TDIC, which is the master developer of Saadiyat Island, is looking for a main contractor to build nine new multi-storey residential buildings on three plots with a total area of 61,000m2.

The scope of works involves building podium underground parking, structural, architectural and MEP works as well as all finishes. The main contractor is also expected to carry out testing and commissioning, external works (including landscaping) and gaining all of the necessary approvals.

Early-stage works for the substructure (including shoring and piling) are being awarded under a separate contract for which the closing date has now passed.

In order to pre-qualfy, firms most have recent experience of projects of a similar size, be registered with the Abu Dhabi Department of Economic Development and have had a minimum turnover of $272mn (AED1bn) for each of the past three years.

A non-returnable deposit of AED30,000 ($8,167) needs to be paid for the pre-qualification documents, which must be completed and returned by 12pm on 25 August, 2014.

Last month, TDIC said that the third phase of its Saadiyat Beach Villas, which are currently under construction, will be completed on schedule by July 2015. The third phase adds 77 new villas, bringing the total on the island to 428.

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