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Source:
www.ssc.gov.sg |
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Singapore Launches Invitation
to Tender for Sports Hub PPP Project |
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The Singapore government today (31 Jul 2006)
launched the Invitation to Tender (ITT) for the much anticipated
Singapore Sports Hub Public-Private-Partnership (PPP) project. |
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The three short-listed consortiums will be
required to submit their proposals for one of the world's largest sports
infrastructure PPP project by the end of this year. |
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The evaluation criteria for the project has
been published to guide the consortiums in their bid proposals. The
largest weightage will be on the ability of the consortium to attract
and host major sports, entertainment and leisure programmes in the
Sports Hub. |
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Design and functionality, together with
financial and legal strength, will be given equal weightage. Facilities
management will also be a factor of consideration in the evaluation. |
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Commenting on the ITT launch, Dr Vivian
Balakrishnan, Minister for Community Development, Youth and Sports & 2nd
Minister for Information Communication and the Arts said: "Today's
launch represents a very significant milestone for the Sports Hub's
project. This will be an icon of sports, entertainment and lifestyle
activities for all Singaporeans. The Sports Hub will also help to
position Singapore as a preferred venue for premium sports and
entertainment events in the region." |
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"Various government agencies including the
Singapore Sports Council, the Economic Development Board, Singapore
Tourism Board and the Urban Redevelopment Authority will work in tandem
to ensure its success." added Dr Balakrishnan. |
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In April this year, The Singapore Sports
Council announced that three consortiums vying for the Singapore Sports
Hub project had been short-listed. |
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The three consortiums are Alpine
Consortium (led by Alpine Mayreder Bau GmbH); Singapore Gold
Consortium (led by Macquarie Bank); and Singapore Sports Hub
Consortium (led by Dragages Singapore Pte Ltd). |
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The three were short-listed from an
initial list of four consortiums, which submitted their
pre-qualification documents on 28 February 2006 (Refer to Annex A
for the details of the three pre-qualified consortiums). |
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The pre-qualification stage
establishes and pre-qualifies bidders who demonstrate the
expertise to execute the project. Potential bidders were
pre-qualified based on compliance, eligibility, financial strength
and technical ability. |
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The three short-listed consortiums
will now develop and submit their proposals by end December 2006.
The successful consortium is expected to be selected by March 2007
with financial close planned for August 2007. |
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The Sports Hub will be a fully
integrated sports, entertainment and lifestyle hub for everyone in
Singapore. |
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A unique cluster development of
world-class sports facilities next to the city, it is the first
and largest sports facilities infrastructure
Public-Private-Partnership (PPP) project in the world and is also
Singapore's flagship and largest PPP project of this nature. |
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The 35-hectare development is
conveniently located next to the city and is easily accessible to
the rest of Singapore. It will be connected to the Mass Rapid
Transit (MRT) network and major expressways. |
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More..... (Annexes) |
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About SSC |
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The Singapore Sports Council (SSC) is
Singapore's lead agency tasked with developing sports in
Singapore. |
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Our vision is to create a Sporting
Singapore where Sports is a way of life. SSC aims to develop
sports champions and create enjoyable sporting experiences for
Singapore through the three strategic thrusts of cultivating a
sporting culture, achieving sports excellence and creating a
vibrant sports industry. Formed on 1 October 1973, SSC is a
statutory board under the purview of the Ministry of Community
Development, Youth and Sports. |
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Related Article: |
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New Singapore Sports Hub to be completed in mid 2011 |
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Source:
www.ssc.gov.sg Press Release
31 Jul 2006 |
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FrontPage Edition: Tue 15 August 2006
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