The Urban Development Corporation (UDC) invites bids for the purchase of Lot 12, Section 1, Exchange Avenue, Portmore Town Centre, St. Catherine for office/commercial use.
|Address||Title Reference||Lot size -hectares (acres)||Minimum Bid Price (J$) *|
|Lot 12, Section 1, Exchange Avenue, Portmore Town Centre, St. Catherine||1323||948||1.047 (2.587)||$235,000,000|
*The UDC reserves the right to reject any offer
ACCEPTANCE OF BIDS CLOSES MONDAY, JULY 11, 2023, AT 2:00 PM.
This is a competitive bid process.
Bids are to be deposited in the appropriately labelled tender box located on the Ground Floor, of Urban Development Corporation (Office Centre Building), 12 Ocean Boulevard, Kingston.
How to Apply:
The IMD becomes available on Tuesday, May 16, 2023. Complete the form below to download the IMD.
Application packages are also available at a cost of J$2,000 from the UDC Head Office, 12 Ocean Boulevard, Kingston.
An official public opening of bids/offers will be convened on July 11th, 2023, at 2:15 p.m. on the Ground Floor, of Urban Development Corporation (Office Centre Building), 12 Ocean Boulevard, Kingston.
Enquiries, requests, and all correspondence relating to this offer are to be directed to:
Strategic Sourcing and Procurement Department
Urban Development Corporation
12 Ocean Boulevard
Phone: (876) 656-8031;
Fax: (876) 922-9326.
The Urban Development Corporation (UDC) is not bound to accept the highest or any offer and reserves the right, without prior notice and in its absolute discretion, to change or terminate the tender process at any time before the signing of the contract.
Download the Information Memorandum Document here: