Abu Dhabi: Abu Dhabi’s Department of Finance (DoF) said on Tuesday that the “Al Maqtaa bidding hall”, launched in May 2014, processed 69 tenders raised by 12 government entities in Abu Dhabi by the end of May 2015. The tenders amounted to over Dh27 billion.
The 69 tenders include capital and operational project tenders worth more than Dh100 million from organisations such as Abu Dhabi General Services (Musanada), Tadweer Waste Management, Abu Dhabi City Municipality, and Emirates Nuclear Energy Corporation, among others.
Salah Al Weswasi, Executive Director of Financial Policies and Systems Sector at DoF said that developing the bidding hall’s operations helps enhance coordination between all government entities, and attract more foreign investment.
The establishment of the bidding hall is in line with the Abu Dhabi government’s aim to improve corporate governance practices within the field of government tenders, achieve greater transparency, and enhance economic competitiveness.
The bidding hall is equipped with advanced technologies to manage logistics related to processing bids, including supervisory procedures, supporting committees of government entities, the opening of technical and financial bids, and the prices offered in public hearings.
Al Maqtaa bidding hall offers a range of logistics services related to capital and operational tender projects worth over Dh100 billion.
