Design Build of Adh. Mandhoo 12 Classrooms and Hall
Procurement No NT/2025/SSP- 303. This page is a restatement of the official record, so verify against the source links in the sidebar.
Awarded to
Maldives Transport and Contracting Company Plc (MTCC) (listed as "Maldives Transport and Contracting Company Plc.")
MVR 16,952,760.00
⚑ Note: the awarded date published by the source, 2025-10-08, 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
Maldives Transport and Contracting Company Plc.
Quoted price
MVR 16,952,760.00
Quoted Duration
360 Days 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.