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Tender closing for residential site at Hillview Rise
Published: 03 May 2018
The Urban Redevelopment Authority (URA) closed the tender for the residential site at Hillview Rise today.
The site was launched for sale via the Concept and Price revenue tender system on 28 December 2017. Under this system, only the envelopes containing concept proposals were opened today and URA received a total of 9 tender submissions. Please see
Annex A
[PDF, 10kb]
for the particulars of the tenderers.
Concept and Price Revenue Tender
Tenderers for the subject site at Hillview Rise were required to submit their concept proposals and tender prices in two separate envelopes.
The concept proposals will be first evaluated by a Concept Evaluation Committee chaired by the Building and Construction Authority. Concept proposals that demonstrate comparable or higher construction productivity outcomes based on the evaluation criteria specified in the tender conditions for the site will be shortlisted (see
Annex B
[PDF, 205kb]
). Only tenders that meet the evaluation criteria will be considered for award.
At the second stage, the price envelopes of the proposals with acceptable concepts will be opened for consideration. The site will then be awarded to the tenderer with the highest bid price among those with acceptable concept proposals.
This is not an announcement of tender award. A decision on the award of the tender will be made after the tenders have been evaluated. This will be published at a later date.
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