The Ministry of Infrastructure has announced that the Municipal Development Fund’s Tender Commission has halted the selection of a contractor for the planned 876 million GEL stadium, delaying the project until the bidding process can be relaunched.
The Ministry has stated that several companies submitted proposals, but the Commission found that only one bidder met the required qualification standards. Despite meeting the criteria, that company’s financial offer was far higher than those submitted by other participants, raising concerns about cost efficiency.
Faced with this imbalance between technical compliance and price competitiveness, the Commission used its legal authority to reassess the tender framework. It concluded that the qualification requirements and other elements of the documentation needed revision before the process could continue.
The tender will be reopened once the Commission completes its review and updates the conditions. Until then, the stadium construction, one of the largest planned infrastructure projects in the country, remains on hold.
