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The Tender Board of the Kingdom of Bahrain, based in Manama, regulates procurement and undertakes procurement activity for the kingdom's public bodies. [61] The Board was established in 2003 under the directives of His Majesty King Hamad bin Isa Al Khalifa. [62] Bahrain has observer status with respect to the Government Procurement Agreement. [55]
Location of Bahrain. Bahrain is a small Arab monarchy with the first post-oil economy in the Persian Gulf region. [1] Since the late 20th century, Bahrain has invested in the banking and tourism sectors. [2] Many large financial institutions have a presence in Manama, the country's capital.
A Tender board is a committee or institution involved in the Government procurement procedure. It formulates requirements for the intended purchase of goods or services, compiles these formulations in a tender document , and hands these documents out to interested suppliers, usually for a fee.
public contract register — a repository that aims at keeping track of all procurements, usually awarded through a tender, concluded by the public institutions, making this information available online, thereby providing a basis for monitoring the way in which public money is spent.
The Ministry of Works sought proposals internationally from Consultancy firms to undertake the development of Bahrain Polytechnic's campus master plan and concept design of all the facilities. Four companies have bid for the project. In November 2009 the Tender Board awarded the task to international architectural firm Aedas. This was followed ...
Bahrain Mumtalakat Holding Company B.S.C. (Mumtalakat) is the sovereign wealth fund of the Kingdom of Bahrain. [2] It was established by Royal Decree in 2006 and is wholly owned by the Government. [1] Mumtalakat actively sought investment opportunities locally, regionally and internationally.
A tender notification is the publication and circulation of procurement opportunities by the procuring entity in various media like: Newspapers, purchasers's own website and government tender bulletin etc. The main objective of wider publicity is to make these opportunities available to a wider supplier community, increase the competition and ...
The Ministry later announced three tenders in 2019. The project will be developed on a Public Private Partnership (PPP) basis. [5] The first phase, including about 30 km, with 20 stations, and 2 interchanges, of light rail network, is expected to cost BD453 million. Subsequent phases will cost more. [6] [7]