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NSIC Asset Valuation Services Tender New Delhi 2026 - Onsite Valuation Report & EMD ₹1 Lakh

Bid Publish Date

02-Jul-2026, 7:32 pm

Bid End Date

23-Jul-2026, 8:00 pm

EMD

₹1,00,000

Progress

Issue02-Jul-2026, 7:32 pm
AwardPending
Explore all 6 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • Asset Valuation Services on site in New Delhi, Delhi 110001
  • EMD amount explicitly stated as ₹100000
  • 25% variation clause: quantity or duration can be increased/decreased at award and post-award
  • No BOQ items provided; hard specifications not disclosed in tender data
  • NSIC procurement under Ministry of Micro, Small and Medium Enterprises
  • Onsite valuation reporting requirement with potential reporting deliverables
  • Ambiguity on payment terms, warranties, and SLAs; requires bidder clarifications
  • No explicit ISO/ISo standards or certifications listed in the available data

Categories 6

Tender Overview

The National Small Industries Corporation Limited (NSIC), under the Ministry of Micro, Small and Medium Enterprises, invites bids for Asset Valuation Services with onsite valuation reports to be prepared in New Delhi, Delhi 110001. The procurement centers on valuation of assets with onsite assessment and reporting. The bid contains an EMD of ₹100,000 and allows the buyer-led scope variation up to 25% in quantity or duration at contract award, with further adjustments permissible for lump-sum service contracts with provider consent. This opportunity targets vendors capable of independent, accurate asset valuation and prompt reporting to support NSIC asset management and compliance.

Key differentiators include the absence of BOQ items and a flexible contract scope window, which can influence bid pricing and delivery planning. Bidders should ensure readiness to execute onsite valuation tasks in a structured, time-bound manner while aligning to standard procurement practices under government oversight.

Technical Specifications & Requirements

  • Service category: Asset Valuation Services – Onsite Valuation Report for NSIC assets
  • Location: New Delhi, Delhi 110001
  • Estimated value: not disclosed; EMD: ₹100,000
  • BOQ: No items listed; no technical specs provided in the tender data
  • Variation clause: 25% increase/decrease in contract quantity or duration at issue and post-award (with bidder acceptance)
  • Payment timing and detailed SLAs: not specified; bidders should seek clarifications
  • Compliance expectations: generic procurement standards; no standards or certifications listed
  • Documentation: standard bid submission requirements to be confirmed; OEM/agency authorizations not specified
  • Risk/penalty: no explicit LDs or warranty terms documented

Terms, Conditions & Eligibility

  • EMD: ₹100000 must be deposited to participate
  • Variability clause: contract quantity/duration may shift by up to 25% at award and post-award with consent
  • BOQ: none; no itemized deliverables provided in the tender
  • Location constraint: onsite valuation in New Delhi; project management and reporting adherence expected
  • Tender data gaps: no explicit payment terms, warranties, or SLA obligations listed; bidders should seek clarifications
  • Documentation: standard bidder documents (GST, PAN, experience certificates) will likely be required; confirm submission basket
  • Eligibility: no explicit years of experience or turnover thresholds stated in the data
  • Compliance: follow government procurement norms and NSIC terms during bid submission

Key Specifications

  • Asset Valuation Services – Onsite valuation report

  • Location: New Delhi, Delhi 110001

  • EMD: ₹100000

  • BOQ: Not provided; no itemized quantities

  • Variation: ±25% scope adjustment at contract issue and after award

Terms & Conditions

  • EMD required: ₹100000 to participate

  • 25% contract quantity/duration variation allowed

  • No BOQ items or explicit technical standards provided

Important Clauses

Payment Terms

Not explicitly stated in the tender data; bidders should seek clarification on timing and method of payment after onsite valuation reports are submitted.

Delivery Schedule

No explicit delivery timeline; onsite valuation reports likely required post-assessment; confirm reporting SLA and acceptance criteria with NSIC.

Penalties/Liquidated Damages

No LDs specified in the provided data; bidders must verify if penalties apply for delayed reporting or non-compliance during bid submission.

Bidder Eligibility

  • Eligibility for asset valuation services in government procurement

  • Demonstrated experience in onsite valuation and report preparation

  • Financial stability with requisite turnover or solvency documents

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Asset Valuation Services - Valuation Report, Asset to be Valued; Onsite

Advisory Bank

State Bank of India

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

South

Delivery Pincodes

110020

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Adarsh Kumar Kansal110020,NSIC Venture Capital Fund Ltd. NSIC Bhawan, Okhla Industrial Estate, New Delhi - 110020SouthDelhi110020Project / Lumpsum Based--

Authority Records

MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISESNATIONAL SMALL INDUSTRIES CORPORATION LIMITED

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 4

GeM-Bidding-9551812.pdf

Main Document

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

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Historical Data

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for asset valuation or related services

4

Financial statements or solvency proof

5

EMD submission proof (online/DD as applicable)

6

Technical bid documents and method statement (if required)

7

OEM authorizations or agency delegations (if applicable)

Frequently Asked Questions

Key insights about DELHI tender market

How to bid for NSIC asset valuation tender in New Delhi 2026 with EMD

Bidders must submit the EMD of ₹100000 along with GST, PAN, and experience certificates. Ensure onsite valuation capability and provide technical bid documents; clarify variation rights of 25% in scope at award. Follow NSIC procurement rules and respond to any missing specifications with written clarification before the bid due date.

What documents are required for NSIC asset valuation bid in Delhi 2026

Required documents typically include GST registration, PAN card, valid experience certificates in asset valuation, financial statements, EMD proof, and technical bid documents. OEM authorizations may be needed if relying on third-party valuation software or equipment. Prepare a concise methodology for onsite valuation reporting.

What are the technical specifications for onsite asset valuation tender Delhi

The tender data reports onsite valuation services but provides no explicit technical standards. Bidders should emphasize accuracy in asset valuation methodologies, reporting formats, data security, and audit trails. Seek clarification from NSIC for any mandated reporting templates or accreditation requirements.

When is the EMD required for NSIC valuation services tender

ETD specifies an EMD of ₹100000; submit via online payment or as specified by NSIC. Ensure the EMD validity covers bid submission and potential bid extension windows. Include EMD receipt alongside GST, PAN, and experience documents to participate.

What are the eligibility criteria for NSIC valuation bid in New Delhi 2026

Eligibility centers on demonstrated asset valuation experience, financial stability, and compliance with government procurement norms. Provide past valuation reports, client references, and capacity to deliver onsite valuation within NSIC’s reporting standards; verify any specific turnover thresholds with the tender for Delhi.

How to prepare the onsite valuation reports for NSIC procurement

Develop a standardized reporting framework detailing asset description, valuation method, supporting data, and risk notes. Include assumptions, data sources, and audit trails. Attach sample valuation templates and ensure reports align with NSIC expectations for accuracy and timeliness in Delhi.

What payment terms should bidders anticipate for NSIC valuation contract

Payment terms are not explicitly stated; bidders should request clarity on schedule (milestones vs. upon delivery), acceptance criteria, and any interim payments. Prepare for potential milestone-based payments after onsite report submission and NSIC acceptance in Delhi.

Is there a 25% scope variation clause for NSIC valuation contract

Yes. The contract allows a ±25% variation in quantity or duration at the time of issue and after award, with bidder consent necessary for post-award changes. Include a pricing strategy that accommodates potential scope shifts without compromising profitability.

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