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Annex A: How the Ideas Tender Scheme works
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SLA's Ideas Tender Scheme encourages entrepreneurs to suggest new and innovative ideas for use of State properties >
Annex A: How the Ideas Tender Scheme works
- Similar to the usual tenders called for rental of vacant State properties,
interested parties must submit their offers for a property under the Ideas
Tender Scheme using SLA's Tender Documents. Each tenderer can choose to submit
an offer that meets the original list of tendered uses for the tender, i.e.
the basic offer. In addition, the tenderer has the option to submit a maximum
of two alternative uses per tender, i.e. the alternative offer(s). The
alternative offer(s) submitted can be for uses not found on the prescribed
list of approved uses. To guide tenderers when proposing alternative uses, SLA
will provide a list of uses that do not meet technical guidelines of relevant
government agencies and therefore are not likely to be approved in the
tender.
- For example, for a State property under the Ideas Tender Scheme that is
approved for use as a student hostel and childcare centre, a tenderer can
submit a basic offer for either of these uses or a combination. In addition to
that, the tenderer can opt to submit alternative offers not in the prescribed
list of uses, for example, for retail or spa use, or any combination of
uses.
- SLA will receive offers for the property for a three-week period. Several
factors will be considered in evaluating tenders submitted, and these include
the bid price, the use proposed by the tenderer and the track record of the
tenderer. In addition, alternative offer(s) submitted will have to be cleared
by the relevant authorities on the basis of several factors, including the
proposed uses' proximity to residential areas, compatibility with surrounding
areas and potential impact on traffic.
Those interested to view the properties under the Ideas Tender Scheme can visit SLA's State Property and Information Online (SPIO) website. A site showaround will be conducted for every tender and this is indicated in the Tender Documents. The set of Tender Documents, which includes the application form, can be purchased at SLA's office for S$10.50 per copy or downloaded from SPIO website.