HUDCO Leasing of Electric Vehicles Long Term Tender 2026: 60-Month White EVs (KIA EV6, Tata Harrier EV, Hyundai Creta EV/Mahindra BE6) 2500 km

Tender Overview

Housing And Urban Development Corporation Ltd invites bids for long-term dry lease of electric vehicles in white color, covering multiple models with a 2500 km/month usage profile for a 60-month period. Estimated value: ₹50,04,00,000; EMD: ₹10,00,800. Vehicles include KIA EV6, Tata Harrier EV/Mahindra XEV9, and Hyundai Creta EV/Mahindra BE6 EV/Maruti Grand Vitara EV. This procurement is structured as a leasing contract rather than purchase, targeting consistent fleet utilization under a single LOA framework. The lack of BOQ items suggests a framework arrangement with model-level commitments rather than unit-wise quantities. The contract’s white-color requirement aligns with standard government fleet policies and uniform branding expectations. The bid conditions emphasize quantity/duration adjustment up to ±25% and mandate strict document submission; no technical bid may accompany the financial bid. This tender profile presents a multi-model EV lease opportunity under HUDCO’s housing and urban development mandate, suitable for bidders with EV fleet leasing experience and robust financial standing. Tender in [location] and HUDCO procurement context indicate a centralized fleet procurement approach, likely supporting government housing projects.

Technical Specifications & Requirements

• Vehicle models: KIA EV6; Tata Harrier EV; Mahindra XEV9; Hyundai Creta EV; Mahindra BE6 EV; Maruti Grand Vitara EV; white color requirement.
• Delivery/Lease scope: Long-term dry lease; 60 months; 2500 km per month aggregate usage.
• Financials: Estimated value ₹50,04,00,000; EMD ₹10,00,800. No BOQ items; fleet-level arrangement.
• Contract flexibility: Quantity/duration can vary up to 25% at contract issue or issuance; bidders must accept revised terms.
• Compliance: Bidder must upload required certificates; maintain financial standing (no liquidation or bankruptcy).
• ATC/ATC-linked submissions: All requisite documents per NIT; separate technical/financial bid submission separation advised.
• Documentation: GST, PAN, experience certificates, financial statements, EMD submission, OEM authorizations as applicable.
• Color/ branding: White vehicles to align with government fleet standards.

Terms, Conditions & Eligibility

• EMD: ₹10,00,800; payable as per tender terms.
• Experience/financial standing: Bidder must demonstrate not in liquidation or bankruptcy; upload undertaking.
• Delivery schedule: Not specified in detail; adhere to HUDCO vehicle leasing timelines as per LOA.
• Payment terms: Standard procurement terms to be clarified in the ATC; bid submission must occur without financial bid accompanying technical bid.
• Documentation: Comprehensive submission of GST, PAN, experience, financials, and OEM authorizations; non-submission can lead to rejection.
• Warranty/AMCs: Not explicitly specified; ensure compliance with standard EV fleet maintenance terms in ATC.
• Quantity flexibility: 25% adjustment window at contract issue and post-issuance; bidder acceptance required.
• ATC/Corrigendum: Ensure all documents align with NIT requirements and any amendments.