Tenders/Refurbishment of facilities for Science, ICT, STEM and Skill laboratories in the Greater Male region, year 1
Awarded🇲🇻MaldivesWorks

Refurbishment of facilities for Science, ICT, STEM and Skill laboratories in the Greater Male region, year 1

Published: Mar 4, 2026
Updated: Jun 20, 2026
Source: world_bank

This tender has been awarded

Awarded to PENSARE MALDIVES PVT LTD — $1,921,316

Browse open Education & Training tenders in Maldives

About This Opportunity

Contract Award | Project: Maldives Atoll Education Development Project | Method: Request for Bids | Ref: MV-MOE-302184-CW-RFB

This is a works contract in the education and training, information and communication technology and finance and banking sectors, with a focus on Investment. Located in Maldives, Asia, this opportunity is open to firms and consortiums, with an estimated budget of USD 1.9 million.

Published through WB - World Bank, a multilateral development bank that follows standardized international procurement guidelines. Projects funded by multilateral institutions are generally open to international bidders from eligible member countries for civil works in the education and training sector. Works contracts of this nature generally require demonstrated experience in similar infrastructure projects, adequate equipment and technical personnel, and financial capacity including bank guarantees. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

Project: Maldives Atoll Education Development Project

Contract Award

Project:P177768-Maldives Atoll Education Development Project
Loan/Credit/TF Info:IDA-72080
Bid/Contract Reference No:MV-MOE-302184-CW-RFB
Procurement Method:RFB-Request for Bids
Scope of Contract:Refurbishment of facilities for Science, ICT, STEM and Skill laboratories in Kalaafaanu School
Notice Version No:0


Date Notification of Award Issued
(YYYY/MM/DD)
2025/07/24
Duration of Contract

63 Day(s)
Awarded Bidder(s):
PENSARE MALDIVES PVT LTD (374516)

Country: Maldives
Bid Price at Opening
MVR

Evaluated Bid Price
MVR 1921316.33
Signed Contract price
MVR 1921316.33

Evaluated Bidder(s):
BADHAHI INVESTMENT GROUP PVT LTD (361115)

Country: Maldives
Bid Price at Opening
MVR

Evaluated Bid Price
MVR 2159736.38

THE EDHURU INVESTMENT (1046768)
HAPPY SIDE - TH.MADIFUSHI
Country: Maldives
Bid Price at Opening
MVR

Evaluated Bid Price
MVR 1944228.23

SUNWILL PVT LTD (1025683)
C-0435/2011
Country: Maldives
Bid Price at Opening
MVR

Evaluated Bid Price
MVR 2618535.57

Data provenance

This notice is sourced from WB - World Bank and was originally published on March 4, 2026. Last refreshed 6 days ago. Reference: OP00430400. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Maldives Atoll Education Development Project

Maldives Atoll Education Development Project has issued 6 procurement notices on BidsFactory, including 0 currently open and 5 awarded contracts. Activity concentrates in Education & Training, Information & Communication Technology, and Finance & Banking. All notices are published for Maldives. Notices are distributed via WB - World Bank. Most recent publication: May 12, 2026.

Frequently asked questions about this tender

What type of contract is this?

This is a Works contract in the Education & Training sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

PENSARE MALDIVES PVT LTD was awarded the contract for $1,921,316. The figure reflects the value disclosed by the contracting authority in the award notice.

Where will the contract be performed?

The contract is for delivery in Maldives. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit WB - World Bank to access the full notice, required documents, and submission instructions. Quote reference OP00430400 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to PENSARE MALDIVES PVT LTD. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Maldives Atoll Education Development Project in Maldives. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

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Key Details

Estimated Budget
$1,921,316 - $1,921,316
Contract Type
Works
Eligibility
Firms / Consortiums
Language
English
Reference
OP00430400

Source

w
world_bank
Official Source

Contracting Authority

Maldives Atoll Education Development Project
🇲🇻Maldives
Project: P177768

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