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Rashtriya Ispat Nigam Limited Lands Valuation Tender Visakhapatnam Andhra Pradesh 2025

Bid Publish Date

24-Oct-2025, 7:57 pm

Bid End Date

14-Nov-2025, 3:00 pm

Value

₹27,17,893

Location

VISAKHAPATNAM , ANDHRA PRADESH

Progress

RA
Issue24-Oct-2025, 7:57 pm
Reverse Auction10-Jan-2026, 4:00 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • Pricing flexibility: quantity/duration adjustment up to 25% at contract issue
  • • Location: Visakhapatnam, Andhra Pradesh for RINL-VSP lands valuation
  • • Service category: lands valuation for a PSU asset portfolio
  • • No BOQ items published; scope appears to be standalone valuation deliverables
  • • Estimated contract value disclosed: ₹2,717,892.9
  • • No EMD amount specified in available data
  • • Buyer terms require bidder acceptance of revised quantity/duration
  • • Urgent clarification may be needed due to missing start/end dates and EM

Categories 4

SERVICES FINANCIAL ANALYSIS VALUER VALUATION

Tender Overview

Rashtriya Ispat Nigam Limited invites bids for valuation of RINL-VSP lands located in Visakhapatnam, Andhra Pradesh. Estimated contract value is ₹2,717,892.9. The procurement falls under Custom Bid for Services - Valuation of Lands with no BOQ items listed. The contract includes a flexible quantity/duration clause allowing a deviation up to 25% at bidding or contract issuance. This opportunity targets qualified valuation providers with experience in land asset assessment for a steel corporation, offering a defined but adaptable scope and bid conditions.

Technical Specifications & Requirements

  • Service category: valuation of government/PSU lands for RINL-VSP in Visakhapatnam.
  • Estimated contract value: ₹2,717,892.9.
  • Location: Visakhapatnam, Andhra Pradesh (530001).
  • No explicit technical specs or performance metrics published in the tender.
  • Bid terms include a capacity to adjust contract quantity/duration by up to 25% at the time of contract issue and thereafter (Buyer clause).
  • No BOQ items; scope appears to be standalone valuation services (documented asset appraisal, market value estimation, statutory compliance support).
  • Emphasis on compliance with bidders’ technical capability to deliver valuation reports and related deliverables for land assets.

Terms, Conditions & Eligibility

  • EMD amount: not specified in the data provided.
  • Quantity/duration flexibility: up to 25% increase/decrease allowed at bid or contract issuance.
  • Delivery/fitness: bidders should be prepared to accept revised quantity or duration as issued.
  • Documents required: standard bid submission documents for valuation services; GST/PAN, financials, and prior valuation experience typically expected.
  • Payment terms: not specified; bidders should anticipate standard PSU payment practices and negotiate terms during finalization.
  • This tender contains no listed BOQ items or start/end dates; follow-up clarifications may be required from buyer.
  • No explicit warranty or penalty clauses published in the tender excerpt.

Key Specifications

  • Service: Valuation of RINL-VSP lands in Visakhapatnam

  • Estimated value: ₹2,717,892.9

  • Location: Visakhapatnam, Andhra Pradesh (530001)

  • No explicit technical standards published in tender

  • Flexible scope: contract quantity/duration can change up to 25%

  • Deliverables expected: valuation reports and related statutory support

  • No BOQ items; no start/end dates available in data

Terms & Conditions

  • EMD: Not specified in provided data

  • Quantity/duration adjustment: up to 25% at contract issue

  • Delivery terms: bidder to accept revised scope if issued

  • Payment terms: not specified; prepare for PSU-style terms

  • Submission: includes GST, PAN, experience and financials

  • BOQ: none; scope appears to be valuation services

Important Clauses

Payment Terms

No explicit payment terms published; bidders should expect standard PSU practice and seek clarity during bid finalization

Delivery Schedule

Delivery timeframe not provided; bidders must be ready to deliver valuation reports within the project timeline once defined

Penalties/Liquidated Damages

No LD details published in the tender excerpt; confirm any penalties or warranty terms with the buyer

Bidder Eligibility

  • Experience in land/asset valuation for PSU or corporate assets

  • Demonstrated capability to prepare valuation reports and compliance documents

  • Financial stability with verifiable turnover documentation

Documents 10

GeM-Bidding-8509869.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Payment Terms & Condition

PAYMENT

BOQ Document

BOQ

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for land valuation or similar asset appraisal

4

Financial statements or turnover proof for the last 1-2 years

5

EMD submission proof (if required by buyer terms)

6

Technical bid documents detailing valuation methodology and reports

7

OEM/consultant authorizations or qualifications (if applicable)

8

Proof of previous valuations conducted for PSU/corporate assets

9

Any statutory compliance certificates relevant to valuation work

Reverse Auction Schedule

Completed

Start

10-Jan-2026, 4:00 pm

End

12-Jan-2026, 4:00 pm

Duration: 48 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Frequently Asked Questions

Key insights about ANDHRA PRADESH tender market

How to bid for Visakhapatnam lands valuation tender in 2025

Bidders should submit GST registration, PAN, and experience certificates for land valuation. Provide financial statements, technical methodology, and prior valuation reports. The tender allows up to 25% quantity/duration changes; ensure readiness to accept revised scope and clarify EMD requirements during bid submission.

What documents are required for RINL-VSP valuation bid in Visakhapatnam

Required documents typically include GST certificate, PAN card, detailed valuation methodology, past valuation reports, financial statements, and experience certificates for land/assets valuation. Prepare proposals on asset appraisal standards and deliverables; obtain any OEM/consultant authorizations if applicable.

What are the technical specifications for land valuation tender in Vizag

The tender specifies valuation of RINL-VSP lands with no explicit numeric standards in the data. Bidders should present robust valuation methodologies, consistency with industry best practices, and clear deliverables like valuation reports and compliance documentation; confirm any statutory guidelines with the buyer.

When is the delivery window for the Visakhapatnam valuation contract

Exact delivery dates are not published. Bidders must be prepared to deliver valuation reports within the timelines defined after contract issue, with a flexible scope adjustment up to 25% as per the Buyer Added terms.

What is the EMD requirement for the valuation tender in Andhra Pradesh

The provided data does not specify an EMD amount. Bidders should verify EMD requirements during bid clarification and be prepared to submit the standard security deposit or EMD as per Rashtriya Ispat Nigam Limited norms.

What experience is required for RINL lands valuation tender 2025

Prior valuation experience for PSU or corporate land/assets is preferred. Bidders should demonstrate at least one prior valuation project, with reports, methodologies, and outcomes; include client references and compliance with applicable valuation standards.

How will contract quantity adjustment affect the valuation bid

The contract allows up to a 25% increase or decrease at contract issue. Bidders should price with a flexible unit of work, attach rates for potential expansions, and provide scalable deliverables to accommodate scope changes without renegotiating core terms.