1.2 FIDE is opening a bidding procedure to invite any federation member of FIDE or any organiser approved by the national federation to host the event. The federation’s letter of support may be provided later when the bid’s evaluation procedure is launched.
1.3 The prize fund of the World Cup shall be a minimum of one million eight hundred thirty-four thousand (1,834,000) USD net of any applicable local taxes. The prize fund of the Women’s World Cup shall be a minimum of six hundred seventy-six thousand two hundred fifty (676,250) USD net of any applicable local taxes. Contribution to the FIDE Development Fund from each event shall be a minimum 20% of the respective prize fund.
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 e-mail messages to the FIDE Secretariat to email@example.com by 20 October 2022, 23:59 Lausanne time (FIDE has a right to extend this deadline). All the documents shall be submitted in English. Additional documents may be requested by the FIDE General Strategy Commission (GSC) for further evaluation.
1.5 Bid Evaluation Report shall be presented by GSC for an approval of FIDE Council.
1.6 Once the Organiser is granted the right to organise the event, a relevant announcement shall be made on the FIDE website. FIDE Technical Delegate (FIDE TD) may be appointed at the same time to supervise the event on behalf of FIDE in consultation with GSC.