A3. PRECONDITIONS FOR SUCCESSFUL TENDER

This section is derived from the market study done for project
Concepts and procedures are provided in Volume 2.

What LGUs need to know:

There are five preconditions for successful tender which the LGU must meet or demonstrate in order to attract private investors.

Five Preconditions

Existence of an Available Site

Local Support

Adequate Consumer Base to Support a Shopping Center

Absence of Competition from other Centers

Favorable Market Conditions

These preconditions are described below.

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