Coimbatore Tamil Nadu Asset Valuation Services Tender 2025 - Coimbatore Spinning Mills Valuation Report Onsite
N/a
COIMBATORE, TAMIL NADU
Progress
Quantity
1
Bid Type
Two Packet Bid
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.
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
EMD required: ₹100000 to participate
25% contract quantity/duration variation allowed
No BOQ items or explicit technical standards provided
Not explicitly stated in the tender data; bidders should seek clarification on timing and method of payment after onsite valuation reports are submitted.
No explicit delivery timeline; onsite valuation reports likely required post-assessment; confirm reporting SLA and acceptance criteria with NSIC.
No LDs specified in the provided data; bidders must verify if penalties apply for delayed reporting or non-compliance during bid submission.
Eligibility for asset valuation services in government procurement
Demonstrated experience in onsite valuation and report preparation
Financial stability with requisite turnover or solvency documents
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 Locations
1
Delivery Cities
South
Delivery Pincodes
110020
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Adarsh Kumar Kansal | 110020,NSIC Venture Capital Fund Ltd. NSIC Bhawan, Okhla Industrial Estate, New Delhi - 110020 | South | Delhi | 110020 | Project / Lumpsum Based | - | - |
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
N/a
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for asset valuation or related services
Financial statements or solvency proof
EMD submission proof (online/DD as applicable)
Technical bid documents and method statement (if required)
OEM authorizations or agency delegations (if applicable)
Key insights about DELHI tender market
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.
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.
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.
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.
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.
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.
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.
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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Main Document
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS