Reviewed · 30 Oct 2026 Report an error
The Urban Development Authority called investor proposals to restore and redevelop the Old Post Office building inside Galle Fort on a 50-year lease, at a base value of Rs. 1,035 million. Bids closed on 4 April 2024.
Key facts from the documents
- Land extent 0A-2R-7.40P; lease period 50 years.
- Bid bond Rs. 10.5 million; pre-bid meeting held on 6 March 2024.
- Run by the Standing Cabinet Appointed Negotiating Committee of the Ministry of Urban Development and Housing.
- No award has been seen on the UDA site.
How to take it further
The call has closed. Watch the UDA investment page for a re-call or award.
Assessment
Evidence for
- Extent, lease period, base value, bid bond, pre-bid meeting and closing date. Document 1
- The notice is listed on the UDA investment page (updated 2024-01-23). Document 2
Evidence against
- The call closed on 2024-04-04; no award has been seen. Document 1
- The main document dates from 2024-01-23 and may be out of date. Document 1
Risks
Not yet assessed
Unknowns
Not yet assessed
How the score and confidence were set
- Status: 0 of 40
- Way to take part stated: 15 of 15
- Dates in the sources: 15 of 15
- Division named: 10 of 10
- Confidence: 20 of 20
- Yes: Main document from an official publisher
- No: Main document under 180 days older than our check
- Yes: More than one document
- Yes: Checksum kept for the main document
- Yes: Checked in the last 30 days
Evidence
The 2 documents this record rests on. Facts are restated in our words; the documents are linked, not copied.
- Primary source Statutory body or authority
Calling Request for Proposals (RFP): UDA investment projects, January 2024
Urban Development Authority
Open document on uda.gov.lk - Supporting Statutory body or authority
UDA investment potential page
Urban Development Authority
Open document on uda.gov.lk
