Housing and Urban Development Corporation HUDCO Asset Valuation Services Tender Chennai Tamil Nadu 2026
Bid Publish Date
04-Sep-2026, 5:48 pm
Bid End Date
21-Sep-2026, 6:00 pm
Location
Progress
Tender Overview
Housing And Urban Development Corporation Ltd (HUDCO) in Chennai, Tamil Nadu invites bids for Asset Valuation Services - Asset to be Valued; Offsite. The scope includes valuation of assets offsite, with a 25% option clause enabling scope or duration adjustments up to 25% at contract issuance and thereafter. Bidders must align with Annexure II requirements and submit an experience certificate plus three supportive documents. The tender emphasizes certificate uploads to avoid bid rejection and references a file-based SOW and ATC attachments. This opportunity targets firms capable of structured valuation work, with emphasis on compliance and documentation rigor. Unique aspects include a formalized ATC and annexure-linked experience criteria to qualify for bid submission. HUDCO procurement in Chennai emphasizes compliance with bid document certificates and scope-of-work attachments for eligibility. This tender is location-specific to Chennai, Tamil Nadu and involves asset valuation as the primary service category.
Technical Specifications & Requirements
No explicit technical specifications are published in the provided data. What is clear is the procurement focus on Asset Valuation Services conducted offsite under HUDCO. The tender references an Experience certificate plus three additional documents per Annexure II as mandatory for submission, and a dedicated ATC file with additional bid terms. The presence of a 25% option clause implies possible scope/duration adjustments within contract parameters. Bidders should anticipate required documentation and compliance with the stated ATC and SOW attachments when preparing technical bid responses. The lack of BOQ items suggests a qualitative service contract rather than quantity-based deliverables, reinforcing the need for strong methodological and reporting capabilities.
Terms, Conditions & Eligibility
- 25% option clause allows increase/decrease in contract quantity or duration up to 25% at contract issue and post-issuance.
- Mandatory upload of Experience certificate plus 3 additional documents per Annexure II of Scope of Work.
- Certificates: Bidder must upload all certificates/documents specified in Bid Document and ATC; non-submission risks rejection.
- ATC documents associated with the bid must be reviewed and complied with; adherence to terms will determine eligibility for HUDCO procurement in Chennai.
- No BOQ; focus on compliance, process, and documentation quality to secure the contract.
- Additional terms may be specified in the ATC and Annexure II; bidders should verify and align with those requirements for eligibility.
Key Specifications
-
Asset Valuation Services – Offsite scope
-
25% option clause for quantity/duration adjustments
-
Experience certificate plus 3 additional documents per Annexure II
-
ATC and SOW attachments to be complied with
-
No BoQ items published; qualitative service contract
Terms & Conditions
-
Option to adjust contract scope by 25% at issue
-
Mandatory Annexure II experience documents
-
ATC and CORRESPONDING attachments govern terms and eligibility
Important Clauses
Payment Terms
Not specified in data; expect terms in ATC linked to offsite valuation services
Delivery Schedule
Not specified; contract allows scope/duration adjustments up to 25%
Penalties/Liquidated Damages
Not specified in provided data; verify ATC for any LD provisions
Bidder Eligibility
-
Experience certificate with Annexure II documents
-
Compliance with ATC and SOW attachments
-
Ability to perform asset valuation offsite for HUDCO Chennai
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Experience Required
2 Year (s)
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Asset Valuation Services - Asset to be Valued; Offsite
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Chennai
Delivery Pincodes
600008
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Jayashree P G | 600008,HUDCO Regional Office V Floor, CMDA Tower I 1, Gandhi Irwin Road Egmore | Chennai | Tamil Nadu | 600008 | Project / Lumpsum Based | - | - |
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 6
GeM-Bidding-9848225.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
5
🤖 AI-Powered Bidder Prediction
Discover companies most likely to bid on this tender
Required Documents
GST registration certificate
PAN card
Experience certificates (per Annexure II)
Financial statements (as applicable)
EMD/Security deposit (if required by ATC)
Technical bid documents
OEM authorizations (if required)
ATC agreement and Scope of Work attachments
Frequently Asked Questions
Key insights about TAMIL NADU tender market
How to bid on HUDCO asset valuation tender in Chennai Tamil Nadu 2026
Bidders must submit GST, PAN, Experience certificates plus three Annexure II documents, and comply with ATC files and Scope of Work. Review the 25% option clause and ensure offsite valuation capabilities. Prepare technical bid with all required certificates, and upload OEM authorizations if applicable.
What documents are required for HUDCO asset valuation bid in Chennai
Submit GST registration, PAN, experience certificates with Annexure II, financial statements if requested, and technical bid documents. Include ATC attachments and Scope of Work. Ensure all certificates are uploaded to avoid bid rejection as per Buyer Added Terms.
What are the key eligibility criteria for HUDCO valuation procurement
Eligibility hinges on complying with Annexure II experience documentation, submission of all mandatory certificates in ATC, and capability to perform offsite asset valuation. The 25% option clause may affect contract scoping; bidders should demonstrate capacity for scope adjustments.
What is the 25% option clause in the HUDCO Chennai tender
The buyer can increase or decrease contract quantity or duration by up to 25% at contract issue, and up to 25% after issuance. Bidders must accept revised quantity or duration; for lump-sum services, scope or value may adjust up to 25% with consent.
What standards or certifications are required for HUDCO valuation bid
Specific standards are not listed; the bid emphasizes certificates per Annexure II and ATC. Vendors should prepare experience credentials, client references, and any relevant valuation qualifications to demonstrate competency in asset valuation.
When will the HUDCO Chennai asset valuation tender close
Exact submission deadlines are not provided. Bidders should monitor the ATC attachments for submission timelines and ensure all mandatory documents are uploaded before the specified closing date.