Tenders Are Invited For Construction And Investment Of A Car Parking Garage Under The Cannon Garden

Tenders are invited for Construction and Investment of a Parking Garage under Al-Midfa Park in the Rawda Area According to the B.O.T System. Damascus Governorate announces a request for tenders /for the third time/ Damascus Governorate announces its desire to conduct a request for tenders /for the third time/ for the construction and investment of a car garage under the Cannon Garden in the Al-Rawda area according to the BOT system. In accordance with the special technical, financial, and legal terms and conditions prepared for this purpose, and as follows: - Initial deposit: 2,000,000 Syrian Pounds (two million new Syrian Pounds only), payable by certified check made payable to the Damascus Governorate, bank transfer, or bank guarantee issued by approved banks in the Syrian Arab Republic according to their approved forms and bearing the name of the project for which it is issued. - Final deposit: 2% of the investment fees specified in the financial offer submitted by the investor. The final deposit must be paid within a maximum period of twenty days from the date of award, payable by certified check made payable to the Damascus Governorate or by bank guarantee issued by approved banks in the Syrian Arab Republic according to their approved forms and bearing the name of the project for which it is issued. The final deposit will be increased to 5% of the investment fees by the beginning of the investment year (35). - If the offer includes more than one partner, all partners must submit the provisional and final deposits in their names collectively, under penalty of rejection of their offer. Their offer must include a statement that they are jointly and severally liable. - Contract duration The project duration is 40 years, including both the project completion period and the investment period. The bidders offer is valid for 120 calendar days, starting from the day following the deadline for submitting bids. The selected bidder remains bound by their offer for 180 calendar days, starting from the day following the written notification of the award of the tender. The investment fee is a fixed annual amount payable to the administration, as per the technical, financial, and legal terms and conditions. The tender documents can be obtained from the Contracts Department at the Damascus Governorate upon payment of a fee of 2,000 Syrian Pounds (SYP). Bids must be submitted in accordance with the Unified Contracts System issued by Law No. 51 of 2004. Bids must be submitted to the General Office in the Damascus Governorate building (Youssef Al-Azmeh Square) no later than 3:20 PM on August 12, 2026. Bids will be opened the following day at 11:00 AM in the office of the Chairman of the General Bids Opening Committee, in accordance with the [unspecified] system. B./O/.T at the Damascus Governorate building. - The bidder must submit a copy of their commercial registration certificate. - The bidder must pay a brokerage fee of 5% of the annual investment fee due from the investor. The annual investment fee is payable in four annual installments, each due within fifteen days of the beginning of the first, fourth, seventh, or tenth month of each year, as applicable. In case of delay, legal interest will be charged. The bidder must adhere to the technical, financial, and legal terms and conditions of this undertaking . - Announcements can be viewed on the website (www.damascus.gov.sy). [Disclaimer: The above text is machine translated. For accurate information kindly refer the original document.] Tender Link : elan.gov.sy