Tenders Are Invited For Establishment, Equipping, And Operation Of A Hotel In The Al-Faihaa Sports City In Damascus

Tenders are invited for Establishing, Equipping and Investing in a Hotel in Al-Fayhaa Sports City in Damascus The Ministry of Sports and Youth announces the announcement of a request for bids in the sealed envelope at full speed for the establishment, equipping and investment of a hotel in Al-Fayhaa Sports City in Damascus according to the terms of reference prepared for this purpose: - Initial insurances: 100,000,000 SYP only: one hundred million Syrian pounds only - Final insurances: 5% of the contract value. Insurances are paid by certified cheque or cash in the account of the General Sports Federation in Damascus or under a bank guarantee - Contract period: 23 years + two years Free preparation period to benefit the investor at the end of the investment period - Delay penalty: 0.1% one per thousand for each day of delay - Required identification documents specified in Article 11 of Law 51 of 2004 - Period of the bidders commitment to his bid 90 days from the date of the last date of submission of bids - Bids will be submitted to the General Office of the Ministry of Sports and Youth until the end of the official working day on Tuesday 25/11/2025 - Bids will be closed on the next working day - The application can be viewed and obtained from the headquarters of the Ministry of Sports and Youth in Damascus Al-Baramkeh for an amount of SYP 500,000 to be paid in the account of the General Sports Federation - Any subscription request that is not attached to the following will not be accepted: 1- Request for participation in solicitation of bids in the sealed envelope attached to the receipt of payment of the fees resulting from the subscription in accordance with the laws and regulations in force. 2- Required Initial Insurances 3- In case the same subscription application includes more than one partner, the temporary and final insurances will be provided in the names of all partners. 4- Notice of payment of the value of the terms book in the account of the Ministry of Sports and Youth [Disclaimer: The above text is machine translated. For accurate information kindly refer the original document.] Tender Link : elan.gov.sy