Grand Regal Hotel Davao Wins Bid for Government Workshop
The Dynasty Management adn Development Corporation, operating as the Grand Regal Hotel Davao, has secured a significant contract with the Philippine government. The hotel will host a crucial five-day workshop focused on finalizing the fiscal year 2025 budget plan.
The contract, awarded under Request for Quotation (RFQ) No. LOV-24-186, covers the lease of the venue, including food and accommodations. The workshop is scheduled for September 30th to October 4th, 2024, in Davao City, Region XI, Philippines. The total value of the contract is a significant ₱720,000.00 (approximately $13,000 USD, based on current exchange rates).
This procurement process, categorized as a Negotiated Procurement – Lease of property & venue, signifies a significant investment by the Philippine government in its budgetary planning process. The selection of the Grand Regal Hotel highlights the venue’s capacity to accommodate large-scale events and provide comprehensive services.
Further details regarding the workshop and the contract can be found in the official documentation available here.
The successful bid by the Grand Regal Hotel underscores the growing importance of Davao City as a hub for government activities and large-scale events in the philippines. The city’s infrastructure and hospitality sector continue to attract significant investment and contribute to the nation’s economic growth.
While the specific details of the budget workshop remain confidential, the award of this contract represents a significant milestone for both the Grand Regal Hotel and the Philippine government’s commitment to transparent and efficient budgetary planning.
