The Abu Dhabi Executive Council has officially launched its Al Maqta’a bidding hall, located in the headquarters of Department of Finance, in line with UAE’s law item pertaining to procurement, tenders, bids and warehouses in the emirate.

A tour of the hall was conducted by Dr Ahmed Mubarak Al Mazrouei, secretary general of the Abu Dhabi Executive Council, in the presence of Saeed Eid Al Ghafi, chairman of the Department of Municipal Affairs and Abu Dhabi Executive Council member; and HE Hamad Al Hurr Al Suwaidi, Chairman of the Department of Finance- Abu Dhabi (DoF) and member of the Abu Dhabi Executive Council.

The tour also included an overview of the procedures and regulations relating to opening tenders, a short film on the objectives of launching a bidding hall in addition to explaining preparation mechanisms and follow up stages.

The hall will provide all logistical requirements related to tenders and opening bids to ensure that those practices are held in line with set goals and in line with best governance practices, said a statement.

It will be used for capital and operational project tenders worth more than Dh100 million ($27.2 million), it said.

The management of the bidding hall will be the responsibility of the assigned supervisory committee, which is in charge of ensuring adherence to the set procedures.

The committee will manage the process of gathering and archiving documents and information related to tenders, preparing reports for concerned parties and reviewing and handling complaints from contractors and suppliers.   

Mohammed Sultan bin Ghanoum Al Hameli, director general of DoF- Abu Dhabi, emphasised the importance of the logistics role that the hall will have for Abu Dhabi government entities.

The hall will also serve as a distinctive operational platform with a high level of transparency and will promote open, competitive bidding, he said.

The bidding hall’s operations are based on five essential stages, including tender preparation and announcement; receiving the technical and financial proposal for the bids from suppliers and contractors within the deadline, and separating the technical and financial proposals; opening of technical proposals under the management of the supervisory committee and in presence of other government bodies; reviewing the technical proposals and shortlisting suppliers; and financial tenders to be opened under the management of the supervisory committee. - TradeArabia News Service