Questions
The type of bank guarantee required is determined by the offering entity.
A competition is cancelled in several cases: Case 1: The award is cancelled if the investor fails to contact the entity to complete contracting procedures within one month from the date of being notified of the award decision. Case 2: The competition is cancelled if all submitted bids are below the minimum rental value set by the Investment Committee. Case 3: The competition may be cancelled if irregularities or deficiencies are found in the competition process.
The Envelope Opening Committee analyzes the bids submitted by investors and verifies their compliance with the competition requirements. The bids are then referred to the Investment Committee for a decision on award, negotiation, or cancellation, in accordance with the approved regulations.
If the investor wishes to lease a specific portion of a divisible property, it is required that doing so does not affect the remainder of the property or its eligibility for leasing.
No. An investor may not enter into temporary leasing more than once in the same year, unless there are no other requests for the same property.
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