What are the criteria used to evaluate tenders? Does the highest bidder always get the property?

Question

Accepted Answer

In evaluating the bids submitted, the Singapore Land Authority considers among other factors, the tendered price, concepts, proposed uses, track record and financial health of the bidders.

What are the criteria used to evaluate tenders? Does the highest bidder always get the property?

Topics:

Related questions

How do I make a tender submission?

If the tender bids are below the expected rent, will SLA still award?

What criteria does SLA consider when awarding the tender?

How is the price of the remnant land determined by closed tender?

Need more help?