DoF-Abu Dhabi: ‘Al Maqta’a bidding hall’ processed 59 government tenders in 2016
The Department of Finance – Abu Dhabi (DoF) has announced that the ‘Al Maqta’a bidding hall’ processed 59 tenders for 14 government entities in Abu Dhabi during 2016, worth over AED 14 billion by the end of December 2016. The 59 capital and operational project tenders managed by ‘Al Maqta’a bidding hall’ in 2016, included service, infrastructure and operational projects.
The tenders processed in 2016 were from the following organisations: National Archive ‘NCDR’, DoF- Abu Dhabi, Western Region Municipality, Abu Dhabi City Municipality, Al Ain Municipality, Department of Municipal Affairs and Transport, Abu Dhabi Sewerage Services Company, Abu Dhabi Distribution Company (ADDC), Abu Dhabi Transmission and Despatch Company ‘Transco’, Al Ain Distribution Company (AADC), Abu Dhabi General Services ‘Musanada’, Emirates Nuclear Energy Corporation, Abu Dhabi Tourism and Culture Authority and the Centre for Regulation of Transport by Hire Cars (Transad).
The results reflect the success in government planning to diversify the economy and government investments in key sectors except the oil sector, including continuous growth in various government sectors in Abu Dhabi. The tender projects managed byAl Maqta’a bidding hall’ during 2016 included a strategically important projects strategic such as roads and infrastructures, national housing, schools, government buildings and the management of government facilities.
The bidding hall’s operations are managed electronically which reflects Abu Dhabi Government’s commitment to adopt the best governance practices in managing government tenders, achieve transparency and strengthen local economy competitiveness.
‘Al Maqta’a bidding hall’ offers a range of logistics services related to capital and operational tender projects worth over AED 100 billion. The supervisory committee of ‘Al Maqta’a bidding hall’ ensures full implementation of the hall’s procedure manual, saving documents and information on tenders, raising reports to concerned authorities and deciding on grievances or complaints from suppliers or contractors.
Department of Finance in UAE
The Department of Finance was established in 1962, and it plays a fundamental role in providing Abu Dhabi government entities with the best-in-class financial services and specialized solutions as well as managing available resources efficiently.