THE CONCEPT AND PRICE TENDER (CPT) WAS SEALED AT THE TENDERED SUM OF $173 MILLION. With a gross floor area of 67,490 sqm, Fusionopolis Phase 5 will be a multi-tenanted facility that provides additional ready-built spaces by the fourth quarter of 2014.
The CPT was conducted based on a two-envelope system. Both price and non-price criteria, such as development concept, design intention and business proposal for Fusionopolis Phase 5 were evaluated in two separate stages. The tender, launched on 16 December 2011 and closed on 9 March 2012, received a total of 5 bids.
Fusionopolis Phases 1 and 2B were completed in July 2008 and October 2010 respectively. Phases 3 and 4 are currently under construction and are slated to be completed by 2013, and Phase 2A is targeted for completion by 2014.
Being Singapore’s newest mega-science facility, Fusionopolis is re-inventing the way research is done, by bringing cross-disciplinary capabilities under one roof to work together in finding solutions to global challenges and push the frontiers of science and technology.