The competition is held in accordance with the decision of the Kyiv City Council dated May 24, 2007 No. 528/1189, orders of Kyiv City State Administration from 22.10.2007 number 1403 "On approval of the permanent tender committee to attract investors to finance construction, reconstruction, restoration, etc. of residential and non-residential, construction, engineering, and transport infrastructure of Kyiv" (as amended) and March 6, 2015 No. 216 "On conducting an investment competition for attracting an investor to the construction of a preschool educational institution on the land plot number 38 in 8 districts of Pozniaky housing estate in Darnytskyi district."

The estimated cost of construction is UAH 54 million 166 thousand. The customer of construction and preparatory (pre-investment) works is ME "Kyiv Investment Agency".

The official announcement was published in the newspaper "Khreschatyk" on July 11, 2017, №72 (4985) and posted on the official web portal of the Kyiv City State Administration.