The Bulawayo City Council is inviting competent and reputable Property Development Companies, either as an individual firm, joint venture or a consortium with development finance to express interest to undertake the development of 2 400 residential stands in Remaining Extent of Umganin, of which 775 are high density residential stands with an average stand size of 300m2 and 1 625 stands being medium density stands with an average stand size of 600m2.
The development of this area has been necessitated by the rising demand for high density-low income residential housing
The developer will be expected to have development finance which they would use to fully service the stands and would recoups their investment from the proceeds of the sale of the stands.
The stands will be sold once servicing has been completed.
The work to be done involves the following:-
- Water reticulation
- Sewer reticulation
- Roads infrastructure
- Public lighting
- Offsite infrastructure
- Construction of houses
The Bulawayo City Council now invites proficient, Property Development Companies to indicate their interest in the development of stands indicated abov
Interested international companies must partner with local experts in executing the work. Interested companies must provide information indicating their qualification to perform the services (description of similar assignments, experience in similar conditions, proof of financial resources and availability of appropriate skills).
The EOI should include the following submissions
- Detailed company profile;
- Company registration documents;
- Proof of funding considered adequate to finance the development;
- Experience in similar property development projects; and
- A minimum of (3) referees from traceable organisations must be submitted. The referees must be for similar work done in the last 5 years.
Only short listed companies will be invited to submit detailed technical and financial proposals.
Interested companies and property developers should deposit their Expressions of Interest in the City Hall Tender Box [Office 126] in a sealed envelope clearly marked “EXPRESSIONS OF INTERESTS FOR THE DEVELOPMENT OF 2 400 RESIDENTIAL STANDS ON A PORTION OF REMAINING EXTENT OF UMGANIN” on or before the closing date. The envelope should be addressed to:
|Five Street & Leopold Takawira Avenue|
|P.O BOX 591|
No faxed, e-mailed or late responses will be considered.
Queries related to this request may be addressed to Mr. W Siziba on Tel. No. (02922) 75011 Fax No. (09) 65534 e-mail: email@example.com
ADVERT NO : 8550
DATE : Sunday, 24 November 2019
C. DUBE TOWN CLERK