Asset Valuation Services - Asset to be Valued; Offsite
Housing And Urban Development Corporation Ltd
CHENNAI, TAMIL NADU
Bid Publish Date
02-Dec-2025, 11:50 am
Bid End Date
12-Dec-2025, 12:00 pm
Value
₹5,000
Location
Progress
Quantity
1
Bid Type
Single Packet Bid
The opportunity is issued by the Central Board Of Excise And Customs (cbec) under the Department Of Revenue for onsite Asset Valuation Services and Valuation Report delivery. The estimated contract value is ₹5,000 with no BOQ items published, and location details are not provided. The tender includes a 25% adjustment authority on contract quantity or duration at issue time and post-issuance, ensuring bidders must plan for scope changes. An excess settlement mechanism allows bidders to include additional charges up to a specified percentage of the item-level total value, subject to documentary support. This combination signals a compact, scope-flexible valuation engagement with formal invoicing for added charges if applicable.
Asset valuation onsite service
Valuation Report delivery
Estimated value ₹5,000
BOQ items: 0
Excess settlement with documentary support
25% quantity/duration adjustment allowed at contract issue and post-issuance
Excess settlement permits additional charges up to a specified percentage with documentation
EMD amount not disclosed; bidders should prepare standard tender documents
Not explicitly defined in available data; bidders should expect standard government payment terms and document-based invoicing for any excess charges.
Onsite valuation and valuation report delivery; exact timelines not provided in data.
Not specified in provided data; bidders should anticipate standard government LD provisions if applicable.
Experience in asset valuation or related professional services
Compliant with standard government procurement documentation
Ability to perform onsite valuation and prepare valuation reports
Main Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Housing And Urban Development Corporation Ltd
CHENNAI, TAMIL NADU
Housing And Urban Development Corporation Ltd
CHENNAI, TAMIL NADU
General Insurance Corporation Of India (gic)
MUMBAI, MAHARASHTRA
Bharat Heavy Electricals Limited (bhel)
SULTANPUR, UTTAR PRADESH
N/a
KAUSHAMBI, UTTAR PRADESH
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates in asset valuation or related services
Financial statements or turnover proof (if requested in terms)
EMD/Security deposit documentation (if required by issuer)
Technical bid documents and methodology for onsite valuation
OEM authorizations or professional certifications (if specified by tender terms)
Key insights about WEST BENGAL tender market
Bidders should prepare GST registration, PAN, experience certificates in asset valuation, financial statements, EMD documentation, and technical bid materials. OEM authorizations or professional certifications may be requested. Ensure submission aligns with department of revenue requirements and is compatible with the excess settlement invoicing rules.
Prepare a robust valuation methodology, confirm willingness to adjust scope by up to 25% at contract issue and post-issuance, and price accordingly. Include clear invoicing for any addon charges under the excess settlement provision, with documentary support and alignment to ₹5,000 estimated value.
Official payment terms are not specified; bidders should expect standard government terms. Include detailed invoicing for any excess settlement charges, supported by required documentation, and ensure timely submission of invoices after onsite valuation deliverables.
Qualifying experience includes prior asset valuation or related valuation report preparation. Provide evidence via experience certificates showing scope, client names, dates, and outcomes, aligned with government procurement expectations and competent onsite valuation capability.
Deadline specifics are not provided in the available data. Bidders should monitor the procurement portal and ensure readiness with standard bid documents, valuation methodology, and EMD compliance, while preparing to adjust scope up to 25% if required.
Excess settlement allows bidders to include addon charges up to a defined percentage of the item-level total value, with mandatory supporting documents during invoice generation. The total invoice must remain within the agreed excess percentage limits.
The tender data does not specify exact standards. Bidders should emphasize professional valuation qualifications and provide certificates or credentials relevant to valuation practices, ensuring alignment with government procurement expectations and accuracy of valuation reporting.
Assemble a detailed onsite valuation plan, valuation report template, data collection process, and delivery timeline. Include risk mitigation for scope changes up to 25%, and a clear approach to capturing addon charges with proper documentation for excess settlement.
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Main Document
GEM_GENERAL_TERMS_AND_CONDITIONS