Bid Publish Date
09-Jun-2025, 12:29 pm
Bid End Date
30-Jun-2025, 11:00 am
EMD
₹10,16,940
Value
₹3,38,98,000
Location
Progress
RAPublic procurement opportunity for Geological Survey Of India (gsi) Mines/Minerals Drilling - Surface Drilling; Non-Energy Minerals; Rotary Core Drilling in GANDHI NAGAR, GUJARAT. Quantity: 8500 issued by. Submission Deadline: 30-06-2025 11: 00: 00. View full details and respond.
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | GAIA EXPLORATION SERVICES Under PMA | 24-06-2025 14:26:29 | |
| 2 | GEMCO KATI EXPLORATION PRIVATE LIMITED Under PMA | 28-06-2025 20:06:04 | |
| 3 | M/S KARENG CONSTRUCTION & CIVIL ENGINEERING CONSULTANCY Under PMA | 26-06-2025 07:33:41 | |
| 4 | RAWEL SINGH & CO. Under PMA | 27-06-2025 19:21:01 | |
| 5 | SINOME EQUIPMENTS INDIA PRIVATE LIMITED Under PMA | 30-06-2025 10:41:33 | |
| 6 | SOUTH WEST RESOURCES PRIVATE LIMITED Under PMA | 27-06-2025 12:55:22 |
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | GAIA EXPLORATION SERVICES Under PMA Winner | ₹3,20,53,500 | Item Categories : Mines/Minerals Drilling - Surface Drilling; Non-Energy Minerals; Rotary Core Drilling |
| L2 | SINOME EQUIPMENTS INDIA PRIVATE LIMITED Under PMA | ₹3,31,07,500 | Item Categories : Mines/Minerals Drilling - Surface Drilling; Non-Energy Minerals; Rotary Core Drilling |
| L3 | RAWEL SINGH & CO. Under PMA | ₹3,51,30,500 | Item Categories : Mines/Minerals Drilling - Surface Drilling; Non-Energy Minerals; Rotary Core Drilling |
🎉 L1 Winner
GAIA EXPLORATION SERVICES Under PMA
Final Price: ₹3,20,53,500
Please sign in or create an account to view contract details and download result documents.
Start
16-Jul-2025, 11:00 am
End
17-Jul-2025, 11:00 am
Duration: 24 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
Quantity
8500
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
50% Lowest Priced Technically Qualified Bidders
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
700
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Mines/Minerals Drilling - Surface Drilling; Non-Energy Minerals; Rotary Core Drilling
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Key insights about GUJARAT tender market
The eligibility requirements include being a registered entity with proven expertise in the mining and drilling sector. Bidders must hold valid certifications relating to safety standards and environmental compliance. Additionally, a demonstrated history of executing similar projects effectively is essential for qualifying to bid.
Bidders must provide comprehensive documentation that includes a financial proposal, a detailed technical plan, and proof of technical and regulatory certifications. Additionally, the Earnest Money Deposit (EMD) must be included in the submission. All documents should be formatted as PDFs to meet submission standards.
Payment terms will be established based on successful completion of milestones agreed upon in the contract. Each phase of the project may include conditions for payment based on the successful achievement of project deliverables and adherence to the specified timeline and quality standards.
The evaluation process will include an extensive review of both technical and financial proposals. Each submission will be graded based on a balanced scorecard method which assesses technical capability, financial sustainability, and past performance on similar projects. Selected bidders will be notified after this meticulous review process.
MSEs are encouraged to participate through special provisions that may include reserved bidding opportunities and relaxed eligibility criteria. These benefits are designed to increase the competitive landscape and ensure diverse participation in the tendering process, fostering growth in the sector.