Maldives Tenders

Maldives Procurement Portal: The centralized platform for government tenders, accessible to registered suppliers.
State-Owned Enterprises (SOEs): Individual SOEs may publish tenders on their respective websites.
GlobalTenders aggregates tenders from Maldives's official, authorities and agencies websites, newspapers, journals and magazines. With artificial intelligence and machine learning the data is authenticated, segregated and reorganized to make thousands of Maldives Tenders easily searchable on a single platform.

All companies and individuals who are capable of fulfilling the requirements can potentially bid on Maldives tenders. There might be additional restrictions based on domicile, experience and qualifications depending on the project's nature and complexity.

Top products and Services Procured by the Maldives Government through Tenders:
Construction works for infrastructure development, including roads, bridges, and buildings.
Information and communication technology (ICT) goods and services for enhancing digital infrastructure and connectivity.
Professional services, such as consultancy, engineering, and legal services, to support various government initiatives.
Medical supplies and equipment to ensure healthcare facilities are adequately equipped.
Tourism-related goods and services, including supplies for hotels, resorts, and restaurants, to support the Maldives' thriving tourism industry.
Education and training materials to support the education sector and enhance skills development.
Utilities, such as electricity, water, and waste management services, to maintain essential infrastructure.

The exact eligibility criteria vary with each Maldives tender, but some common requirements include:

• past experience
• minimum revenue
• legal status
• technical expertise
• financial stability
• ethical conduct

Public Procurement Act of 2011: The primary legislation governing government procurement, establishing principles and procedures for transparent and fair tendering.
Procurement Regulations of 2012: Detailed guidelines for implementing the Public Procurement Act, outlining specific requirements for different procurement methods.
Procurement Guidelines for State-Owned Enterprises (SOEs): Specific guidelines for SOEs to ensure their procurement practices align with government standards.

The Maldives tender market is estimated to be worth around USD 500 million annually, driven by the country's investment in infrastructure development, tourism, and other sectors.

Bidding for tenders in Maldives is extremely lucrative for companies of all sizes. Maldives tendering authorities release contracts for most of the products and services procured by them benefitting small, medium and large enterprises. A few of the benefits of bidding on Maldives tenders are -
Guaranteed income
Steady work
reputational boost
high value projects
expanding client base
upskilling and innovation

Digitalization: Increasing adoption of e-procurement systems to streamline tendering processes and enhance transparency.
Sustainability: Growing emphasis on environmentally friendly and sustainable procurement practices.
Local Participation: Encouragement of local businesses and SMEs to participate in government tenders.
Transparency and Accountability: Stronger focus on open data and public access to procurement information.

Tags - Maldives tenders, Maldives bids, Maldives RFP, Maldives EOI, Maldives tender awards, Maldives municipal tenders.