The Lands & Survey Department invites suitably qualified property developers/investors to submit tenders for the leasing and redevelopment of the craft market site.

Companies or individuals must comply with all applicable local laws including business registration, must have experience of completing a property development and demonstrate that they have the finances to fulfill the contractual obligations.

For further information and tender documentation contact: Uche Obi, Senior Valuation Officer, The Valuation & Estates Office, Lands & Survey Department, Britcay House, 236 Eastern Avenue, Grand Cayman KY1-1102.  Telephone: 244-3558.   E-mail:  uche.obi@gov.ky , by Monday 28th March 2011.

Closing date for submission of tenders to the Central Tenders Committee is 12 noon, Friday 1st April 2011. Late submissions will not be considered.

The evaluation criteria that will be used to assess bids to determine the best value for money is included in the tender documentation.

CIG is under no obligation to accept any or the highest bid. It shall not be bound to give any reason for not any accepting any bid and will not defray any costs incurred in the preparation of the bid.

The contract will be awarded to the successful bidder subject to all applicable Cayman Islands Laws.