1.1 The International Chess Federation (FIDE) will hold the Grand Swiss Tournament & Women’s Grand Swiss Tournaments in the first half of 2025 (see the drafts of regulations for the Grand Swiss Tournament and Women’s Grand Swiss).
1.2 FIDE is opening a bidding procedure to invite any FIDE federation member or any Organizer to host the events.
1.3 The tentative budget of the event is 2.2 million USD, including the minimum total prize fund of 1 million USD. The bid may contain special proposals on financial and commercial conditions. The FIDE Council shall decide whether these conditions are admissible.
1.4 The Bidding Form shall be filled in by an Applicant. A signed copy shall be submitted as an e-mail message to the FIDE Secretariat to office@fide.com by August 1, 2024, 23:59 Lausanne time (FIDE has a right to extend this deadline). All the documents shall be submitted in English. The FIDE General Strategy Commission (GSC) may request additional documents for further evaluation.
1.5 Bid Evaluation Report shall be presented by GSC for an approval by FIDE Council.
1.6 Once the Organizer is granted the right to host the event, a relevant announcement shall be made on the FIDE website. A FIDE Technical Delegate may be appointed at the same time to supervise the event on behalf of FIDE in consultation with GSC.