Gujarat Rail Infrastructure Development Corporation Tender for Project Finance Team Engagement
Bid Publish Date
19-Aug-2026, 5:40 am
Bid End Date
08-Sep-2026, 12:30 pm
Location
Progress
Gujarat Rail Infrastructure Development Corporation Limited (G-RIDE) is inviting qualified agencies to participate in a tender for providing Project Finance Team services. This opportunity is ideal for firms with expertise in infrastructure finance, railway projects, and consultancy services. The project aims to support Gujarat's expanding railway infrastructure through comprehensive financial planning, analysis, and funding support. The tender process includes multiple stages, with deadlines set for bid submission and evaluation. Bidders must meet specific eligibility criteria, including experience and certification requirements, and submit detailed technical and financial proposals. The engagement promises to contribute significantly to Gujarat's transportation infrastructure, fostering economic growth and regional development. The tender is open to experienced financial and consultancy firms seeking to work on high-impact government projects, with a focus on transparency, efficiency, and timely execution.
Scope Of Work
The selected agency will be responsible for providing a dedicated Project Finance Team to support G-RIDE's infrastructure projects. Key deliverables include:
- Conducting detailed financial analysis and feasibility studies for upcoming railway projects.
- Preparing comprehensive financial models and reports.
- Assisting in funding arrangements, including loan and grant procurement.
- Monitoring project budgets and expenditures.
- Providing strategic financial advice to project stakeholders.
The process involves:
- Initial assessment and understanding of project scope.
- Developing financial strategies and models.
- Coordinating with government and financial institutions.
- Preparing periodic financial reports.
- Ensuring compliance with all regulatory and procedural requirements.
| Specification | Details |
|---|---|
| Experience | Firms with at least 5 years in infrastructure finance |
| Certification | Valid digital signature certificate |
| Team Composition | Financial analysts, project managers, legal advisors |
The agency must ensure confidentiality, timely delivery, and adherence to Gujarat government regulations.
Technical Specifications
The agency should possess robust financial analysis tools capable of handling large-scale infrastructure projects. Technical parameters include:
| Parameter | Requirement |
|---|---|
| Software | Advanced financial modeling software |
| Data Security | Encrypted data transfer and storage |
| Team Expertise | Certified financial analysts and project managers |
Sequential procedures involve:
- Submission of technical bid with detailed methodology.
- Demonstration of financial modeling capabilities.
- Compliance checks against technical specifications.
The agency must ensure all technical deliverables meet the standards outlined in the tender document.
Financial Requirements
The estimated budget for this project ranges from INR 50 lakh to INR 1 crore, depending on scope and scope adjustments. The financial proposal should include:
| Cost Component | Estimated Cost |
|---|---|
| Professional Fees | INR 30 lakh to INR 70 lakh |
| Miscellaneous Expenses | INR 5 lakh to INR 15 lakh |
| Contingency | 10% of total cost |
Payment will be made in installments based on project milestones:
- 30% upon contract signing.
- 40% after submission of mid-term reports.
- 30% after project completion and approval.
All payments are subject to compliance with contractual terms and submission of valid invoices.
Tender Data
Bid Details
Tender Type
Open
Sector
State Governments & UT
Tender Fee
₹11,000
Contract Form
Works
Completion Period
As per tender Document Attached
Currency Type
Single
Bid Submission Start
19-08-2026 11:10:00
Document Download End
08-09-2026 18:00:00
Bid Validity
120 Days
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Item Category
Consultancy Services
Authority & Contact
Officer Inviting Bids
Director (P & P) (GRIDE)
Bid Opening Authority
Director (P & P) (GRIDE)
Address
Gujarat Rail Infrastructure Development Corporation Limited , Block no 6, 7th Floor, Udhyog Bhavan, Sector 11, Gnadhinagar-382017, Gujarat
Contact Details
07923232728
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Documents 1
Tender for Project Finance team GRIDE.pdf
TENDER_DOCUMENT
Categories
6
Bidding Process
Process Timeline
09-09-2026 12:30
09-09-2026 12:35
Required Forms
PRIMARY
Tender Fee Form
Library-Standard
Emd Fee Form
Library-Standard
TECHNICAL
TECHNICAL BID
User Defined Template-Standard
COMMERCIAL
Proposed Billing Rates for Personnel
User Defined Template-Secured
Required Documents
Stage - PRIMARY STAGE
PLEASE ATTACH SCAN COPY OF TENDER FEE AND EMD.
RequiredForm - Emd Fee Form
Provide any proof of EMD Document
Stage - TECHNICAL STAGE
PLEASE ATTACH TECH.BID DATA
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Eligibility Criteria
✓ Must have valid digital signature certificates for electronic bid submission.
✓ Must attach scanned copies of tender fee and EMD as part of primary stage documentation.
✓ Proven experience in infrastructure or railway project finance.
✓ Demonstrated financial expertise with at least 5 years in relevant sectors.
| Qualification | Minimum Requirement |
|---|---|
| Financial Experience | 5+ years in infrastructure finance |
| Certification | Digital Signature Certificate (Class-III) |
| Past Projects | At least 2 railway or infrastructure finance projects |
✓ Bidders must submit all required documents for primary and technical stages as specified.
Frequently Asked Questions
Key insights about GUJARAT tender market
What is the deadline for submitting bids for this tender?
The bid submission deadline is 18:00 on September 8, 2026. Bidders must upload all required documents and complete submission before this time to be considered.
What documents are required to participate in the primary stage?
Bidders must attach scanned copies of the tender fee and EMD as part of the primary stage documentation. These are mandatory for bid validation and acceptance.
How will the evaluation of bids be conducted?
Bids will be evaluated based on technical competence (50%), financial proposal (30%), and past project success (20%). Minimum technical score is 70/100 to qualify for further consideration.
Is there any training available for participating in online bidding?
Yes, free vendor training sessions are organized every Saturday from 4:00 to 5:00 P.M. at (n)code Solutions, Ahmedabad. Bidders are encouraged to attend to familiarize themselves with the process.
What is the scope of work for the selected agency?
The agency will provide a Project Finance Team responsible for financial analysis, modeling, funding assistance, and monitoring of Gujarat Rail infrastructure projects, ensuring compliance and timely delivery.