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Lease, Development, and Utilization of Certain Portions of the Metro Naga Sports Complex

The City Government of Naga (CGN) intends to lease portions of the Metro Naga Sports Complex to optimize its use and economic value to the city. Specifically, this initiative seeks to achieve the following:

a. To encourage the participation of the private sector in local governance, especially in the delivery of basic services and in the development of sports in Naga City;
b. To maximize the potential use of the Metro Naga Sports Complex;
c. To promote sports development and tourism in the City of Naga; and
d. To stimulate economic growth and youth development toward building a self-reliant, caring, and vibrant city.

The areas for lease are described under ITB Clause 1.2 (to be collectively referred to as the “Property”). As such, the CGN intends to seek investors who shall lease, develop, and utilize the Property under mutually agreeable terms.

Please be advised of the upcoming key dates for the lease opportunity:
Prebid Conference: Friday, 5 January 2024, 3 PM, Procurement Office
Bid Opening: Wednesday, 27 March 2024, 3 PM, Procurement Office
Bid Evaluation: Friday, 26 April 2024, 3 PM, Procurement Office


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