Work Description - Selection Of Concessionaire For&amp#x0d For Repair/retrofit, Develop, Operate And Transfer By Converting Existing Government Funded Vacant Houses Into Affordable Rental Housing Complexes Arhcs For A Period Of 25 Years

The Directorate of Urban Development, Municipal Council Nalagarh, is inviting global tenders for the selection of a concessionaire to repair, retrofit, develop, operate, and transfer existing government-funded vacant houses into affordable rental housing complexes (ARHCs) for a period of 25 years. This project aims to address the growing need for affordable housing in Nalagarh, providing a sustainable and long-term solution. The tender process is open to all eligible bidders with the necessary expertise and financial capacity to undertake this complex project. Interested parties are encouraged to download the tender documents, review the detailed specifications, and submit their bids by 23 September 2024, 10:00 AM. The bid opening will take place on the same day at 11:00 AM at the Municipal Council Nalagarh. A non-refundable tender fee of ₹1000 and an earnest money deposit (EMD) of ₹83,500 are required to be submitted along with the bid. The project involves the rehabilitation of existing government-funded vacant houses, transforming them into modern and functional rental housing complexes. The concessionaire will be responsible for all aspects of the project, including construction, maintenance, and management. The tender documents provide detailed information on the scope of work, technical specifications, and financial requirements. This is an excellent opportunity for qualified bidders to contribute to the development of affordable housing in Nalagarh and establish a long-term partnership with the Directorate of Urban Development.