GEM

Ai Airport Services Limited Wet Lease Bus Tender Mumbai 2025 Low Floor Airport Passenger Bus EMD ₹378000

Bid Publish Date

11-Nov-2025, 1:50 am

Bid End Date

02-Dec-2025, 9:00 am

Bid Opening Date

02-Dec-2025, 9:30 am

EMD

₹3,78,000

Value

₹1,89,40,416

Location

MUMBAI , MAHARASHTRA

Progress

Issue11-Nov-2025, 1:50 am
Corrigendum22-Nov-2025
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

8

Bid Type

Two Packet Bid

Key Highlights

  • • Competitive EMD options: DD, Fixed Deposit Receipt, Banker’s Cheque, or online RTGS
  • • Contract quantity/duration may be adjusted up to 25% at issuance and post-issuance
  • • Excess settlement option allows additional charges with proper invoicing documentation
  • • No BOQ items currently listed; framework-like procurement for wet lease of buses
  • • Payment and delivery to Mumbai; hardcopy EMD due within 5 days of bid end/opening
  • • Maintenance obligations rest with the lessor under wet lease terms

Categories 1

WET LEASE

Tender Overview

Ai Airport Services Limited seeks a wet lease procurement of low floor airport passenger buses, with maintenance to be borne by the lessor. Estimated project value is ₹18,940,416 and the EMD is ₹378,000. The tender specifies a flexible quantity/duration option up to 25% at contract issue and again post-issuance. Several EMD submission options exist (DD, FDR, BC, online RTGS) with hardcopy delivery within 5 days of bid end/opening. No BOQ items are listed, indicating a framework or future scope rather than fixed line items. This tender targets operators capable of supplying and maintaining airport bus assets, under a wet-lease arrangement in Mumbai, with venue-specific requirements to be clarified during contracting.

Technical Specifications & Requirements

  • Category: Low Floor Airport Passenger Bus under a Wet Lease (maintenance by lessor)
  • Organization: Ai Airport Services Limited (Mumbai-branch financials referenced by EMD/payment methods)
  • Estimated contract value: ₹18,940,416; EMD: ₹378,000
  • BOQ: No items listed; no explicit technical specs provided
  • EMD submission options include: Account Payee Demand Draft (DD), Fixed Deposit Receipt (FDR), Banker’s Cheque (BC), and Online RTGS/Internet Banking; all require scanned proof and delivery of hardcopy within 5 days of bid end/opening
  • Option clauses permit quantity/duration adjustments up to 25%; excess settlement feature allows additional charges with supporting documentation
  • No product standards or certification requirements are specified in the available data

Terms, Conditions & Eligibility

  • EMD: ₹378,000; payment modes include DD, FDR, BC, or online RTGS to AI Airport Services Limited (Mumbai)
  • Delivery/提交: hardcopy of EMD to be delivered within 5 days of bid end/opening
  • Payment terms: online transfer guidance provided; bidder must include transaction details with bid
  • Post-award security: performance security may be required as PBG or additional DD; DD payable at Mumbai
  • Quantity/duration: potential adjustment up to 25%; bidders must accept revised scope
  • Documentation: standard bid documents plus EMD proof; no specific technical docs listed in data

Key Specifications

  • Product/service: Low Floor Airport Passenger Bus

  • Quantity/scale: not specified (framework-like tender)

  • EMD/estimated value: ₹378,000; ₹18,940,416

  • Experience: not explicitly stated; requires capable operator for wet lease

  • Standards/certifications: not specified in data; no ISI/ISO references

Terms & Conditions

  • EMD amount ₹378,000 with multiple acceptable submission formats

  • Quantity/duration can vary up to 25% at contract issue and after

  • Maintenance to be borne by the lessor under wet-lease arrangement

Important Clauses

Payment Terms

EMD in various forms (DD, FDR, BC, RTGS); online transfer details required; hardcopy submission within 5 days

Delivery Schedule

Hardcopy EMD to be delivered within 5 days of bid end/opening; no explicit delivery timeline for buses stated in data

Penalties/Liquidated Damages

Not specified in available data

Bidder Eligibility

  • Must have capability to provide wet-lease buses with maintenance by lessor

  • Financial ability to submit requisite EMD ₹378,000 and sustain contract

  • Compliance with Mumbai-based payment and documentation requirements

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Historical Data

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar wet-lease bus deployments

4

Financial statements demonstrating liquidity for bid participation

5

EMD submission via DD, FDR, BC, or online RTGS proof

6

Technical bid documents and OEM authorizations (if applicable)

Corrigendum Updates

1 Update
#1

Update

22-Nov-2025

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

How to bid for Ai Airport Services Limited wet lease bus tender in Mumbai 2025

Bidders must submit EMD ₹378,000 via DD, fixed deposit, banker's cheque, or online RTGS to AI Airport Services Limited, Mumbai. Include scanned proof and deliver hardcopy within 5 days. Ensure capability for maintenance as per wet-lease terms and accept 25% variation in quantity/duration.

What documents are required for the wet lease bus tender in Mumbai

Required documents include GST registration, PAN, experience certificates for similar wet-lease deployments, financial statements, EMD proof in acceptable format, technical bid documents, and OEM authorizations if applicable. Ensure submission of online payment details and hardcopy proofs within 5 days.

What are the payment terms for Ai Airport Services Limited bus procurement

Payment terms allow online RTGS/Internet banking with explicit beneficiary details; bidder must include transaction reference while bidding. EMD must be submitted via approved methods (DD, FDR, BC, or online). Post-contract payment terms would be clarified in the award letter.

What are the key EMD submission options for this tender in Mumbai

EMD can be submitted as Account Payee DD, Fixed Deposit Receipt, Banker’s Cheque, or online RTGS to AI Airport Services Limited, Mumbai. Scanned proof must be uploaded with bid, and hardcopy delivered within 5 days of bid end/opening.

What is the contract variation policy for this wet lease bus tender

The buyer can vary contract quantity or duration up to 25% at issuance and post-issuance. Bidders must accept revised quantity/duration. The excess settlement feature may allow additional charges with required supporting documents in invoices.

Are there any explicit bus specifications or standards listed for this tender

No explicit technical standards or certifications are provided in the data. The scope is a wet lease for low floor airport buses with maintenance by the lessor; bidders should prepare to demonstrate vehicle suitability and operational capability during contracting.

What is the estimated value and EMD for the Ai Airport wet lease bus tender

Estimated contract value is ₹18,940,416 with an EMD of ₹378,000. Bidders should ensure liquidity to backstop the EMD via the approved modes and align bid pricing with the possibility of quantity/duration adjustments up to 25%.

When and where will the bid be opened for the Mumbai bus lease tender

Bid opening is to be conducted in Mumbai by Ai Airport Services Limited; hardcopy EMD delivery must reach the buyer within 5 days post bid end/opening. Exact dates are not provided in the data; monitor official GeM portal updates for the bid timeline.

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