Contractors have been reportedly invited to renew their tender bid bonds for the $680 million Guggenheim Abu Dhabi.
Last month, Sufian Hasan Al Marzooqi, Chief Executive Officer, Tourism Development and Investment Company (TDIC), confirmed that the project was still alivedespite reports to the contrary.A senior executive from one of the bidding companies told Arabian Business that this was the third time they hadrenewed theirtender bid bond. However, the source still had no idea about when the contract is likely to be awarded.
TDIC is developing both the Louvre and Guggenheim museums. The two will be operated and managed by the Abu Dhabi Tourism and Culture Authority.
Guggenheim Abu Dhabi was designed by American architect, Frank Gehry, who was also responsible for the titanium-clad Guggenheim Museum in Bilbao, Spain.
Image courtesy Gehry Partners
Charles Read
Creative Director
Charles is co-founder and creative director at blooloop. He attends numerous trade shows around the world and frequently speaks about trends and social media for the attractions industry at conferences. Outside of blooloop, his passions are diving, trees and cricket.
