Development of R. Fainu Football Ground
Procurement No TES/2025/W-146. 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, 2026-01-11, 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
8 parties registered · 7 bids received. Prices and results exactly as printed in the official award summary.
| # | Bidder | Price | Duration | Result | Remarks |
|---|---|---|---|---|---|
| 1 | Future Homes Private Limited AWARDED | MVR 10,669,780.45 | 180 Days | Pass | — |
| 2 | Nexsta Maldives Private Limited | MVR 11,868,190.70 | 180 Days | Pass | — |
| 3 | Sunnyland Investments Pvt Ltd | MVR 7,970,217.42 | 180 Days | Fail | Did not meet Preliminary Requirement |
| 4 | Proxy Group Private Limited | MVR 9,838,132.00 | 180 Days | Fail | Did not meet Preliminary Requirement |
| 5 | Otex Private Limited | MVR 11,868,190.70 | 180 Days | Fail | Did not meet Preliminary Requirement |
| 6 | JV of Coreline Maldives Pvt. Ltd and Leo Trading | MVR 12,967,669.48 | 180 Days | Fail | Did not meet Preliminary Requirement |
| 7 | Heavy Force Pvt Ltd | MVR 18,728,161.08 | 180 Days | Fail | Did not meet Qualification Requirement |
How it was decided
Selection based on
Substantially responsive Lowest Evaluated Bidder.
How it unfolded
29th September 2025
Invitation released on
20th October 2025
Bid opening held on
⚑ 2026-01-11
Awarded