Privatisation Unit to evaluate superyachts Dock 2, 3 tenders

Bidder with the best financial offer will be declared as the preferred bidder.

The Privatisation process of the Malta Super Yacht Facilities was re launched on 20th July 2010 through a call for Tenders published in the Government Gazette. Adverts were also placed in the local and international press. Seven prospective bidders collected the Tender Documents from the Privatisation Unit.

The closing time and date for the submission of tenders was on Wednesday 1st December 2010 at 12.00hrs CET. The Privatisation Unit received two tenders by the closing time. The initial adjudicating process has commenced.

Once this is completed, the Financial Offers, which are sealed, will be opened and the bidder with the best financial offer will be declared as the preferred bidder.