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Open Urban Development NPROCURE

Gujarat Metro Rail Corporation Seeks Consultant for Cost-Benefit Analysis of Surat Metro AFC System

Bid Publish Date

07-Mar-2026, 5:30 pm

Bid End Date

30-Mar-2026, 3:00 pm

Progress

Issue07-Mar-2026, 5:30 pm
AwardPending
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Tender Type

Open

Sector

Urban Development

Tender Fee

₹5,000

Contract Form

Service

Completion Period

As per tender Document Attached

Currency Type

Single

Categories 14

Gujarat Metro Rail Corporation (GMRC) Limited, a joint venture of the Government of Gujarat and the Government of India, is inviting qualified consultancy firms to participate in a prestigious tender. The project involves conducting a comprehensive cost-benefit analysis of the Automatic Fare Collection (AFC) System for the Surat Metro Rail Project, Phase I. This analysis compares the existing Public Private Partnership (PPP) revenue model with the Engineering, Procurement, and Construction (EPC) model to determine the most sustainable and efficient fare collection strategy. The tender aims to enhance the financial viability and operational efficiency of Surat Metro, contributing to urban development and public transportation infrastructure. Bidders must demonstrate expertise in transportation consultancy, submit all required legal and financial documents, and adhere to the specified timelines. The project offers an excellent opportunity for experienced firms to collaborate with a leading government entity on a high-impact urban transit project, with the tender process being transparent and merit-based.

Scope Of Work

The selected consultant will be responsible for:

  • Conducting a detailed cost-benefit analysis of the current PPP revenue model versus the EPC model for the AFC system.
  • Preparing comprehensive reports with financial projections, risk assessments, and recommendations.
  • Collaborating with GMRC and stakeholders to gather relevant data.
  • Delivering a final report within the specified timeline.

The scope includes:

  • Review of existing revenue models for AFC systems.
  • Data collection on operational costs, revenue streams, and fare structures.
  • Analysis of technical and financial feasibility of both models.
  • Presentation of findings with clear comparative analysis.
Key Deliverables Description
Inception Report Initial findings and methodology
Draft Report Preliminary analysis for review
Final Report Approved comprehensive analysis

The process involves:

  1. Data collection and review
  2. Model analysis and comparison
  3. Stakeholder consultations
  4. Report drafting and submission
  5. Presentation and review

Technical Specifications

The consultancy must demonstrate expertise in financial modeling, transportation infrastructure, and fare collection systems. Technical specifications include:

Parameter Requirement
Experience Minimum 5 projects in metro/urban transit consultancy
Technical Staff Qualified professionals with relevant certifications
Data Handling Ability to analyze large datasets securely
Software Tools Proficiency in financial and transportation modeling software

The process involves:

  • Submission of technical proposals including methodology, team composition, and project timeline.
  • Demonstration of technical capabilities through past project examples.
  • Compliance with GMRC standards and guidelines.

Financial Requirements

The estimated budget for this consultancy is not explicitly specified; however, the tender fee is INR 5000. The financial proposal should include:

Cost Element Details
Professional Fees Based on scope and deliverables
Miscellaneous Expenses Travel, data collection, and report printing
Payment Schedule 30% upon contract signing, 40% after draft submission, 30% after final approval

All costs must be detailed in the financial proposal, with clear breakdowns and justification. Payments will be made based on milestones achieved and approved deliverables.

Additional Tender Data

Commercial Details

Bid To RA

No

Item Category

Consultancy Services

Authority & Contact

Officer Inviting Bids

I/C GM - Contract

Bid Opening Authority

I/C GM - Contract

Address

Gujarat Metro Rail Corporation (GMRC) Limited (SPV of Govt. of Gujarat and Govt. of India)Block No.1, First Floor, Karmayogi Bhavan, Behind Nirman Bhavan, Sector 10/A, Gandhinagar: 382010, Gujarat, India

Contact Details

07923248572

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Documents 3

20260307 RFP Document.pdf

TENDER_DOCUMENT

20260323 Addendum - 1.pdf

TENDER_DOCUMENT

20260323 Clarifications.pdf

TENDER_DOCUMENT

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Eligibility Criteria

  • ✓ Must have proven experience in transportation or metro project consultancy.
  • ✓ Must possess relevant certifications and licenses.
  • ✓ Must submit documents for work experience, including certificates, audited financial statements, and legal documents.
  • ✓ Must have valid GST registration.
  • ✓ Must provide Power of Attorney, MOA, AOA, MOU, or Certificate of Incorporation.
Qualification Requirement Details
Work Experience Minimum 5 years in transport/metro consultancy
Financial Standing Audited balance sheets of last 3 years
Certifications Valid GST registration and legal documents
Legal Compliance Power of Attorney, MOA, AOA, MOU, Certificate of Incorporation
Additional Documents As per tender instructions

Note: Bidders must meet all eligibility criteria to qualify for technical evaluation.

Bidding Process

Process Timeline

1. Technical Bid

30-03-2026 15:30

2. Financial Bid

Required Forms

Technical

Tender Fee and EMD

User Defined Template-Standard

Required

Undertaking on Bid submission

User Defined Template-Secured

Required

Financial

Financial Proposal

User Defined Template-Secured

Required

Required Documents

Stage - Technical Bid

1

Docs/Certificates for Work Experience and Key Experience

Required
2

Form of Tender and its Appendices

Required
3

GST Registration Certificate

Required
4

Audited Balance Sheets of Last 3 Financial Years

Required
5

Power of Attorney, MOA, AOA, MOU, Certificate of Incorporation

Required
6

Any other document as per the requirement of Tender

Frequently Asked Questions

Key insights about GUJARAT tender market

What is the main objective of this tender?

This tender aims to select a qualified consultancy firm to conduct a comprehensive cost-benefit analysis comparing the PPP revenue model with the EPC model for the Automatic Fare Collection (AFC) System of the Surat Metro Rail Project, Phase I. The goal is to identify the most efficient and sustainable revenue model to optimize fare collection and financial performance.

Who is eligible to participate in this tender?

Eligible bidders must have proven experience in transportation or metro consultancy, possess valid certifications and licenses, and submit all required documents such as GST registration, audited financial statements, and legal documents. Detailed eligibility criteria are outlined in the tender document and include minimum experience, financial standing, and legal compliance.

What are the key dates and deadlines for this tender?

The bid submission starts on 07-03-2026 at 17:30 and closes on 30-03-2026 at 15:00. The technical bid opening is scheduled for 30-03-2026 at 15:30. Bidders must ensure timely submission of all required documents and proposals to avoid disqualification.

What documents are required for technical bid submission?

Bidders must submit:

  • Certificates for work experience and key projects
  • Form of Tender and Appendices
  • GST Registration Certificate
  • Audited Balance Sheets of last 3 financial years
  • Power of Attorney, MOA, AOA, MOU, or Certificate of Incorporation
  • Any other documents as specified in the tender.

All documents should be valid, complete, and properly signed.

How will the evaluation of bids be conducted?

Bids will be evaluated based on technical competence (50%), financial proposal (30%), and methodology approach (20%). Bidders must meet a minimum technical score of 70% to qualify for financial evaluation. The final selection will prioritize experience, methodology, and cost-effectiveness.

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