Design and Build of Sh.Funadhoo Islamic Center
Procurement No TES/2025/W-086. 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, 2025-10-09, 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.
The contest
10 parties registered · 7 bids received. Prices and results exactly as printed in the official award summary.
| # | Bidder | Price | Duration | Result | Remarks |
|---|---|---|---|---|---|
| 1 | Nooradheen Investment AWARDED | MVR 22,226,400.00 | 520 Days | Pass | — |
| 2 | Fedo Pvt Ltd | MVR 23,962,500.00 | 520 Days | Pass | — |
| 3 | Altec Maldives Private Limited | MVR 32,513,400.00 | 520 Days | Pass | — |
| 4 | K and F Holdings Pvt Ltd | MVR 19,424,768.80 | 520 Days | Fail | Did not meet Preliminary Requirement |
| 5 | Wavelength Pvt Ltd | MVR 23,943,060.00 | 520 Days | Fail | Did not meet Qualification Requirement |
| 6 | Amin Construction Pvt Ltd | MVR 24,867,487.85 | 520 Days | Fail | Did not meet Qualification Requirement |
| 7 | Swift Engineering Pvt Ltd | MVR 27,966,600.00 | 520 Days | Fail | Did not meet Qualification Requirement |
How it was decided
Selection based on
Substantially responsive Lowest Evaluated Bidder.
How it unfolded
29th June 2025
Invitation released on
20th October 2025
Bid opening held on
⚑ 2025-10-09
Awarded