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Invitation to Bid - Custom Bid for Services - Consultancy Services for Comprehensive Due Diligence Business Plan Valida in WEST DELHI, DELHI

Bid Publish Date

21-Feb-2025, 5:32 pm

Bid End Date

28-Mar-2025, 6:00 pm

EMD

₹30,000

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Progress

RA
Issue21-Feb-2025, 5:32 pm
Reverse AuctionCompleted
Award06-Jun-2025, 1:38 pm
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Quantity

1

Bid Type

Two Packet Bid

Categories 20

Iocl Business Development announces a tender for Custom Bid for Services - Consultancy Services for Comprehensive Due Diligence Business Plan Validation and Land Valuation Services for Formation of Joint Venture company between IndianOil and Prospective Partners in WEST DELHI, DELHI. Quantity: 1. Submission Deadline: 28-03-2025 18: 00: 00. Last date to apply is approaching fast!

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Custom Bid for Services - Consultancy Services for Comprehensive Due Diligence Business Plan Validation and Land Valuation Services for Formation of Joint Venture company between IndianOil and Prospective Partners

Authority Records

MINISTRY OF PETROLEUM AND NATURAL GASINDIAN OIL CORPORATION LIMITED

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 11

GeM-Bidding-7559997.pdf

Main Document

DOC

OTHER

DOC

OTHER

DOC

OTHER

Payment Terms & Condition

PAYMENT

DOC

OTHER

DOC

OTHER

DOC

OTHER

Scope Of Work Document

SCOPE_OF_WORK

DOC

OTHER

DOC

OTHER

Required Documents

1

Certificate (Requested in ATC)

2

Additional Doc 1 (Requested in ATC)

3

Additional Doc 2 (Requested in ATC)

4

Additional Doc 3 (Requested in ATC)

5

Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

6

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

4 Updates
#1

Update

21-Mar-2025
#2

Update

21-Mar-2025

Extended Deadline

28-Mar-2025, 6:00 pm

Opening Date

28-Mar-2025, 6:30 pm

#3

Update

10-Mar-2025
#4

Update

07-Mar-2025

Extended Deadline

21-Mar-2025, 6:00 pm

Opening Date

21-Mar-2025, 6:30 pm

Reverse Auction Schedule

Completed

Start

25-Apr-2025, 4:00 pm

End

29-Apr-2025, 10:00 am

Duration: 90 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Date Status
1
Deloitte Touche Tohmatsu India LLP   Under PMA
28-03-2025 16:52:05
2
KPMG Advisory Service Pvt Ltd   Under PMA
28-03-2025 17:16:07
3
PRICEWATERHOUSECOOPERS PRIVATE LIMITED   Under PMA
28-03-2025 17:43:38
4
RBSA CAPITAL ADVISORS LLP   Under PMA
28-03-2025 16:54:45
5
SBI CAPITAL MARKETS LIMITED   Under PMA
28-03-2025 13:01:54

Reverse Auction Results Final Prices

These are the final prices after the reverse auction event. Prices may be lower than initial bids.

Rank Seller Final Price Item
L1SBI CAPITAL MARKETS LIMITED   Under PMA Winner ₹1,41,60,000Item Categories : Custom Bid for Services - Consultancy Services for Comprehensive Due Diligence Business Plan Valida
L2PRICEWATERHOUSECOOPERS PRIVATE LIMITED   Under PMA₹1,42,62,483Item Categories : Custom Bid for Services - Consultancy Services for Comprehensive Due Diligence Business Plan Valida
L3RBSA CAPITAL ADVISORS LLP   Under PMA₹1,95,88,000Item Categories : Custom Bid for Services - Consultancy Services for Comprehensive Due Diligence Business Plan Valida
L4Deloitte Touche Tohmatsu India LLP   Under PMA₹2,30,10,000Item Categories : Custom Bid for Services - Consultancy Services for Comprehensive Due Diligence Business Plan Valida

🎉 L1 Winner

SBI CAPITAL MARKETS LIMITED   Under PMA

Final Price: ₹1,41,60,000

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about DELHI tender market

What are the eligibility requirements for consultancy services in this tender?

The eligibility requirements include that the bidder must be a registered entity under applicable laws and possess relevant certifications. Additionally, bidders need to submit evidence of past experience in similar consultancy services, as well as documentation for any exemptions from experience or turnover criteria intended to qualify for the bid evaluation.

What specific documents and certificates are required for submission?

Bidders must upload several certificates as specified in the Attendee Checklist (ATC). Additional documents may be required, such as an undertaking of the competent authority and any necessary supporting documents to prove eligibility for any experience or turnover exemptions. These documents must meet the given formats outlined in the tender documents.

What are the payment terms and conditions specified in this tender?

The payment terms for this tender are detailed in the linked documents. Typically, they include structured payments upon milestones achieved during the consultancy services. Bidders should refer to the specific document titled Payment Terms linked above for comprehensive information regarding payment schedules and conditions.

How will the bids be evaluated and what methods will be used?

Bids will be evaluated through a total value-wise evaluation method, considering both technical and financial criteria outlined in the tender documents. This approach ensures that all proposals undergo a thorough examination, putting an emphasis on quality combined with competitive pricing.

What are the special provisions for MSEs and startups in this tender?

This tender includes provisions and benefits aimed at encouraging participation from Micro, Small, and Medium Enterprises (MSEs) and startups. These special considerations may include exemptions from certain experience criteria and easier access to bidding opportunities, thus promoting inclusivity in the procurement process defined by the tender authority.