HDB tenders are official Invites for corporations and folks to bid for several different options, such as the tenancy of economic Areas like shops and supermarkets, and land product sales for household and blended-use developments. The procedure is managed through official portals for example GeBIZ and HDB Place2Lease. To take part, tenderers might have to purchase tender documents, which might Charge all-around $ten for every established, from locations just like the HDB Hub at 480 Lorong 6 Toa get more info Payoh. Tender submissions, which may be electronic or manual, has to be created by a rigid deadline. Evaluation requirements in many cases are based upon a "Rate-Quality Method" (PQM), which considers factors past just the rental bid, like the quality of the company idea, productivity initiatives, and community-centric programs. For land sales, a deposit of up to three% with the least price tag is needed. The HDB reserves the correct not to award a young if bids are considered also reduced.