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Open State Governments & UT NPROCURE

Gujarat Maritime Board Tender for Asset Valuer Selection & Port Valuation Services

Bid Publish Date

20-Dec-2025, 6:10 pm

Bid End Date

13-Mar-2026, 6:10 pm

Value

₹0

Progress

Issue20-Dec-2025, 6:10 pm
AwardPending
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Tender Type

Open

Sector

State Governments & UT

Tender Fee

₹5,900

Contract Form

Service

Completion Period

1  Years

Currency Type

Single

Categories 6

The Gujarat Maritime Board (GMB) is inviting qualified firms to participate in an open tender for Asset Valuer services to conduct detailed valuation of private ports and captive jetties in Gujarat. This tender offers a strategic opportunity for experienced valuation firms specializing in port infrastructure to support GMB's asset management and development plans. The project duration is one year, with a focus on accuracy, compliance, and timely reporting. Bidders must meet strict eligibility criteria, including proven experience, valid digital signatures, and submission of all required documents. The tender process involves technical and financial evaluations, with clear deadlines and evaluation criteria. Download the detailed tender document, attend training sessions, and submit your bid via the official portal before the deadline. This is a significant opportunity for firms in the maritime infrastructure and port valuation industry to collaborate with a leading government agency in Gujarat.

Scope Of Work

The selected Asset Valuer will be responsible for the following tasks:

  • Conduct detailed valuation of private ports and captive jetties managed by Gujarat Maritime Board.
  • Prepare comprehensive valuation reports based on international standards and GMB requirements.
  • Assess the physical condition, operational capacity, and market value of port assets.
  • Provide strategic insights for port asset management and future development.

The scope includes:

Task Description
Asset Inspection On-site physical assessment of port infrastructure
Data Collection Gather relevant data including port operations, financials, and assets
Valuation Methodology Apply recognized valuation techniques such as DCF, Market Approach, and Cost Approach
Reporting Submit detailed reports with findings, methodologies, and recommendations
Compliance Ensure adherence to applicable laws, standards, and GMB guidelines

The process involves:

  1. Submission of Expression of Interest (EOI)
  2. Technical proposal evaluation
  3. Financial bid submission
  4. Contract award and project initiation

The selected firm must ensure timely completion and accuracy of valuation reports to facilitate GMB's strategic decision-making.

Technical Specifications

The valuation must adhere to international standards such as IVS (International Valuation Standards) and local regulations. The technical parameters include:

Parameter Specification
Asset Type Private ports and captive jetties
Valuation Standards IVS, local port valuation guidelines
Data Accuracy Minimum 95% accuracy in data collection
Report Format Structured report with executive summary, detailed analysis, and recommendations

The process involves:

  • Initial site inspection
  • Data analysis and valuation modeling
  • Draft report submission
  • Final report approval and submission

The firm must ensure confidentiality and compliance with GMB's data security policies.

Financial Requirements

The estimated budget for this project is INR 0.00, indicating a competitive bidding process with a focus on technical expertise. The financial bid should include:

Cost Component Details
Professional Fees As per the submitted bid
Expenses Travel, accommodation, and miscellaneous costs
Payment Terms 30% advance, 70% upon report submission
Total Budget Not exceeding INR 10 lakh (approximate)

Bidders must submit a sealed financial bid through the designated portal, ensuring transparency and compliance with the specified budget limits. Payment will be processed after successful completion and approval of the valuation reports.

Documents 3

RFP - Asset Valuer - retendering.pdf

TENDER_DOCUMENT

CORRIGENDUM-1.pdf

TENDER_DOCUMENT

Corrigendum - 2.pdf

TENDER_DOCUMENT

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Eligibility Criteria

  • ✓ Must have proven experience in port and maritime asset valuation.
  • ✓ Must possess valid digital certificates for e-tender participation.
  • ✓ Must submit all required documents, including Tender Fee proof, EMD proof, and Annexure I to VII documents.
Qualification Criteria Details
Experience Minimum 5 years in port/port infrastructure valuation
Financial Capacity Turnover of at least INR 50 lakh in the last 3 years
Certification Valid digital signature certificate (Class III)
Document Submission Upload scanned copies of Tender Fee, EMD, and Annexures

Important: Bidders must meet all technical and financial eligibility requirements to qualify for the tender.

Bidding Process

Process Timeline

1. Technical stage

25-03-2026 12:00

2. Financial Stage

01-04-2026 12:00

Required Forms

Technical

Tender Fee Form

Library-Standard

Required

Emd Fee Form

Library-Standard

Required

Financial

Financial Bid

User Defined Template-Secured

Required

Required Documents

Stage - Technical stage

1

Upload scan copy of Tender Fee proof.

Required
2

Upload scan copy of Tender EMD proof.

Required
3

Upload scan copy of Necessary Documents (Annexure I to Annexure VII)

Required

Frequently Asked Questions

Key insights about GUJARAT tender market

What is the main objective of this Gujarat Maritime Board tender?

This tender aims to select a qualified Asset Valuer to conduct comprehensive valuation of private ports and captive jetties managed by Gujarat Maritime Board. The valuation will support GMB in asset management, strategic planning, and port development initiatives.

Who can participate in this tender?

Eligible firms with proven experience in port and maritime asset valuation, possessing valid digital signatures, and meeting the specified financial and technical criteria can participate. Bidders must submit all required documents and adhere to the eligibility conditions outlined in the tender.

What are the key documents required for bid submission?

Bidders must upload scanned copies of the Tender Fee proof, EMD proof, and necessary annexures (Annexure I to VII). Additionally, they need to submit their technical and financial proposals through the designated e-procurement portal.

What is the evaluation process for this tender?

The evaluation comprises technical and financial stages. Technical proposals are assessed based on experience, methodology, and compliance, with a minimum score of 70%. Financial bids are opened subsequently, and the final award is based on combined scores with emphasis on technical competence and cost-effectiveness.

How can bidders get assistance with the tender process?

Bidders can attend free training sessions organized every Saturday at (n)Code Solutions, Ahmedabad. For further assistance, they can contact the support team at GNFC Ltd. via email at [email protected] or call +91-79-40007517, 40007514, 40007515.

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