GEM

Rashtriya Chemicals And Fertilizers Limited Valuation of Idle Assets Tender Trombay Unit 2025

Bid Publish Date

20-Nov-2025, 12:45 pm

Bid End Date

11-Dec-2025, 11:00 am

Bid Opening Date

11-Dec-2025, 11:30 am

Progress

Issue20-Nov-2025, 12:45 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 5

Tender Overview

Rashtriya Chemicals And Fertilizers Limited (RCF) invites bids for third-party valuation of idle assets and associated equipment at the RCF Trombay Unit on an AS IS, WHERE IS basis. The scope covers multiple plants identified as idle—Rapid Wall Plant (commissioned 2009, shut since 2016), Boiler No. 1 (170 MTPH, commissioned 1976), Methanol Plant (installed 1964, shutdown since 2015–2019, 2022 onward), Sodium Nitrite Plant (1972, shut since Aug 2022), and an Associated Gas Compressor set from the Nitric Acid Plant (Kawasaki make, commissioned 1978–1979). Estimated scope magnitude is implied by multiple asset categories with no BOQ items. Bidder qualifications hinge on certificate uploads and SOW adherence.

  • Organization: Rashtriya Chemicals And Fertilizers Limited (RCF) – Department of Fertilizers
  • Location: Trombay Unit, Mumbai, Maharashtra (India)
  • Service category: Third-party asset valuation for disposal on an “As is, where is” basis
  • Key differentiator: Comprehensive asset portfolio valuation across diversified idle plants with historical commissioning data and unviable status
  • Unique aspects: Detailed asset descriptions, potential disposal context, and need for independent valuation to support downstream decision-making

Technical Specifications & Requirements

  • Asset categories identified as idle with facility-level descriptions and historical commissioning data
  • Valuation objective: determine current fair value for disposal and possible re-use or retirement
  • Assets include: Rapid Wall Plant, Boiler No. 1 (170 MTPH), Methanol Plant, Sodium Nitrite/Nitrate Plant, Associated Gas Compressor set (Kawasaki, HP/LP barrels)
  • Standards/criteria not specified in data; bidders must rely on SOW to prepare scope of work and deliverables
  • Deliverables likely include asset list, condition assessment, depreciation/impairment notes, and disposal recommendations
  • Eligibility to be established via uploaded certificates and compliance with bid document terms
  • No explicit EMD or estimated value provided in available data; ensure alignment with SOW scope

Terms, Conditions & Eligibility

  • Bid submission requires uploading all certificates/documents requested in the Bid Document, ATC, and any corrigenda
  • Scope of Work (SOW) emphasizes third-party valuation for “As is, where is” disposal of idle assets at Trombay Unit
  • Eligibility depends on certificate uploads and adherence to SOW; specific EMD/financial terms not disclosed in the provided data
  • Documentation package should align with standard tender requirements (GST, PAN, experience, financials) as indicated by terms
  • No explicit delivery timeline or payment terms provided; bidders should await detailed tender documents for milestones
  • Penalties, warranty, or performance bonds are not specified in current data

Key Specifications

  • Idle asset valuation across multiple plants at RCF Trombay

  • Asset descriptions include: Rapid Wall Plant, Boiler No. 1 (170 MTPH, commissioned 1976), Methanol Plant, SNN Plant, Associated gas compressor set

  • AS IS, WHERE IS disposal basis

  • Third-party valuation only; not a rebuild or refurbishment contract

  • No explicit IS/ISO standards specified in available data; bidders should rely on SOW guidance

  • Deliverables expected: asset inventory, condition assessment, valuation report, and disposal recommendations

Terms & Conditions

  • EMD amount not disclosed in available data; follow tender documents

  • Delivery timeline to be clarified in SOW; expect milestone-based deliverables

  • Certificate/documents upload is mandatory for bid eligibility

Important Clauses

Payment Terms

Payment terms will be defined in the detailed SOW and tender documents; ensure submission of complete financial and compliance documentation

Delivery Schedule

Delivery milestones to be specified in the final SOW; bidder must align with disposal valuation timeline at Trombay Unit

Penalties/Liquidated Damages

Not specified in current data; expected to be defined in official tender documents and contract terms

Bidder Eligibility

  • Experience in third-party asset valuation or related disposal assessments

  • Ability to upload required certificates/documents per bid documents

  • Compliance with standard corporate tender prerequisites (GST, PAN, financials, etc.)

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Required Documents

1

GST certificate

2

PAN card

3

Experience certificates related to asset valuation

4

Financial statements (audited if possible)

5

EMD/Security deposit documentation (as per tender documents)

6

Technical bid documents demonstrating methodology for asset valuation

7

OEM authorizations or supplier certifications if applicable

8

Any certificates referenced in ATC or corrigenda

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

How to bid for idle asset valuation tender in Mumbai?

Prepare by compiling GST, PAN, and experience certificates; submit the valuation methodology, asset list with commissioning years, and disposal recommendations. Ensure upload of all certificates referenced in ATC and corrigenda. Follow SOW for ‘AS IS, WHERE IS’ disposal criteria and provide a detailed valuation report.

What documents are required for asset valuation bid in Trombay?

Submit GST certificate, PAN, audited financial statements, experience certificates in asset valuation, technical bid detailing methodology, EMD documentation as per tender, and OEM authorizations if applicable. Include any certificates specified in the bid document and corrigenda.

What are the technical scope details for RCF Trombay idle assets?

Scope includes valuation of idle assets across five asset groups: Rapid Wall Plant, Boiler No. 1 (170 MTPH), Methanol Plant, SNN Plant, and associated gas compressor. Valuation is for disposal on ‘As is, where is’ basis, requiring independent third-party assessment and a comprehensive report.

When is the bidding timeline for the Trombay valuation tender?

Specific dates are not provided in the available data; bidders should consult the official tender documents for submission deadlines, pre-bid meetings (if any), and amendment notices in ATC/corrigenda.

What standards or certifications are required for asset valuation bids?

While explicit standards are not listed in the summary, bidders should demonstrate relevant valuation qualifications, industry experience, and compliance certificates per the bid document. Expect requirement to align with IS/ISO where applicable and provide methodological rigor.

What are the payment terms for the Trombay asset valuation contract?

Payment terms are not disclosed in the provided data; final terms will be specified in the SOW and contract. Bidders should anticipate milestone-based payments linked to deliverables like asset inventory, valuation report, and disposal recommendations.

What is the eligibility criteria for bidders in this Trombay tender?

Eligibility requires upload of all stated certificates in the Bid Document, ability to demonstrate asset valuation experience, and possession of GST, PAN, and financial documents. Adherence to SOW and ATC is mandatory for bid consideration.

How will the asset disposal be handled after valuation?

The contract mandates disposal on an ‘As is, where is’ basis; bidders must include disposal recommendations and potential use or retirement options based on valuation outcomes, supported by asset condition data and market benchmarks.

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