Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBB/CMAR
# of Projects: 1
100% of the Results

Background informationProject Created: June 19, 2009

Project Name: Guggenheim Abu Dhabi
Year in Operation:
Sector: Buildings
Subsector: Other Government Building
Status: Design / Construction
Type: New Facility
Description: 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: Yes
Comments: 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.

Project Locations

Address:
City: Abu Dhabi
State:
Country: United Arab Emirates

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: The Tourism Development and Investment Company of Abu Dhabi will own the site and the museum.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: Financed through the government of Abu Dhabi and the United Arab Emirates.

Project Delivery & Finance Method

Project Delivery:
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.

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design
X

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Initial Design and Construction
6
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: July 8, 2006
Project Value
Hard Cost
Hard & Soft Costs
Total
$500 Million - 2 Billion US
(none)

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