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Results Chart for Delivery Method and Financing
Background informationProject Created: June 19, 2009
Guggenheim Abu Dhabi
Year in Operation:
Other Government Building
Design / Construction
The 30,000 square-meter museum for modern and contemporary art is expected to position the Emirates as a leading international cultural destination. The project is in conjunction with the Guggenheim Foundation in New York.
Delivery Method as described in the country where it's located:
Design Bid Build
Is the project still active:
According to the Memorandum of Understanding (MOU) signed between Abu Dhabi and the Guggenheim Foundation, Abu Dhabi's Tourism Development & Investment (TDIC) will own the museum.
United Arab Emirates
Souces of Project Support (Non-monetary)
Access to Land
: The Tourism Development and Investment Company of Abu Dhabi will own the site and the museum.
Souces of Project Support (Monetary)
From Public (Government) Sources to Producers: Financed through the government of Abu Dhabi and the United Arab Emirates.
Project Delivery & Finance Method
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner then separately contracts with another party, who operates and maintains the facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Contractor after Design is Complete.
Term for Key Components & Forms of Contract
Initial Design and Construction
Project Value (If and As Known)
Date of Estimated Project Value: July 8, 2006
$500 Million - 2 Billion US
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