Al-Shafar submitted the lowest price when revised offered were submitted in late February. Al-Shafars bid was about 2 per cent lower than the second-lowest price of AED499m submitted by the local Alec.
In early February, Alec emerged as the low bidder when offers were originally submitted with a price of AED500m. Alecs price then was about 2.7 per cent lower than the price of AED514m submitted by Al-Shafar.
Dubais Roads & Transport Authority (RTA) is the project client. It approved the final design and main components of the Union Museum last year. The design of the museum, awarded to the UKs Halcrow, which is now part of US-based CH2M Hill, was inspired by portraits of the UAEs rulers signing the constitution of the UAE on 2 December 1971.