WATSAN provision for 100 Housing units in Th.Vilufushi
Procurement No NT/2025/SSP- 135. This page is a restatement of the official record, so verify against the source links in the sidebar.
⚑ Note: the awarded date published by the source, 2025-06-18, is in the future. This is shown exactly as published. It's most likely a mistyped year on the ministry's end, and hasn't been corrected here.
How it was decided
Recommended Contractor
FENAKA Corporation Limited
Quoted price
MVR 13,809,463.64
Quoted Duration
8 Months This procurement has been carried out pursuant to Article 10.22-1 of the Public Finance Regulation (2023/R-158, 3rd Amendment), with reference to Article 10.22(a). The Regulation provides that, under specific circumstances, the
Justification for Selection
Government may directly award contracts to: - Companies with more than 50% (fifty percent) government shareholding, - Their subsidiary companies with majority shares, and -Government majority-owned companies listed on the Maldives Stock Exchange.