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Contract Bidding Open For Asset Management Services - Valuation Report, Valuation report for Project located in Himachal Prad

Bid Publish Date

05-Nov-2024, 11:54 am

Bid End Date

02-Dec-2024, 12:00 pm

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Progress

Issue05-Nov-2024, 11:54 am
Corrigendum19-Nov-2024
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Categories 10

Indian Renewable Energy Development Agency invites bids for Asset Management Services - Valuation Report, Valuation report for Project located in Himachal Pradesh; Onsite. Quantity: 1. Submission Deadline: 02-12-2024 12: 00: 00. Submit your proposal before the deadline.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Asset Management Services - Valuation Report, Valuation report for Project located in Himachal Pradesh; Onsite

Authority Records

MINISTRY OF NEW AND RENEWABLE ENERGYINDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY

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 5

GeM-Bidding-7084422.pdf

Main Document

Other Documents

OTHER

Technical Specification/Buyer Specification Document

TECHNICAL

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

Additional Doc 1 (Requested in ATC)

2

Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

3

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

Corrigendum Updates

3 Updates
#1

Update

19-Nov-2024
#2

Update

19-Nov-2024

Extended Deadline

02-Dec-2024, 12:00 pm

Opening Date

02-Dec-2024, 12:30 pm

#3

Update

12-Nov-2024

Frequently Asked Questions

What are the eligibility requirements for participating in the Asset Management Services tender?

The eligibility requirements include being a registered entity with relevant experience in asset valuation services, financial stability, and capacity to complete the proposed work effectively. Bidders should also provide proofs of past work in similar projects, supported by necessary documentation.

What certificates are required to qualify for the tender?

Participants must submit all relevant certifications that reflect their compliance with industry standards, including financial statements, previous project completion certificates, and any documentation required in the Additional Terms and Conditions (ATC) to validate their eligibility.

How do I register to bid for the tender?

Bidders need to register through the designated e-procurement portal where the tender is published. The registration process typically involves creating a user account, providing necessary identity and business details, and submitting required documents for verification.

What formats are accepted for document submission?

All submitted documents must be in PDF format or other specified formats as detailed in the tender documentation. This ensures consistency and accessibility of the documents for evaluation and review.

What are the technical specifications required for the valuation report?

Bidders should provide a comprehensive report that incorporates asset inventory, market condition assessments, risk analyses, and appropriate valuation methodologies. Specific technical standards should follow the guidelines set forth by IREDA.

What quality standards must the reported evaluations meet?

The submitted valuation reports must comply with the highest industry standards for accuracy, reliability, and transparency. Bidders should reference applicable guidelines and best practices in asset management and valuation.

Are there compliance requirements for local content?

Yes, bidders must adhere to local content and procurement rules as stipulated in national policy guidelines, which prioritize the use of locally sourced materials and services wherever possible.

What is the Earnest Money Deposit (EMD) for this tender?

The EMD details are specified in the tender document. Participants are required to submit this deposit as a guarantee of seriousness in their bids, which will be refunded upon the conclusion of the tender process.

What are the performance security requirements for the awarded contract?

Successful bidders must provide a performance security in the form of a bank guarantee or security deposit as specified in the tender documentation, aimed at ensuring the fidelity of the bidder during the project execution phase.

What are the payment terms specified in the tender?

Payment terms will be outlined within the contract and will typically include stages of payments based on the completion of milestones and submission of deliverables as detailed in the signed agreement.

How will bids be evaluated?

Bids will be evaluated based on total value-wise evaluation, assessing compliance with technical requirements, financial viability, and the proposed methodologies to ensure the best value for the project parameters.

How and when will the results be notified to bidders?

Results will be communicated via official email and through the e-procurement portal. The notifications will detail the evaluation outcomes, with timelines specified in the tender documentation.

What benefits do Micro, Small, and Medium Enterprises (MSEs) receive?

MSEs are entitled to specific benefits such as exemptions from certain eligibility criteria and preferential treatment in evaluation, as recognized by government initiatives supporting small businesses.

Are there provisions for startups regarding eligibility requirements?

Yes, startups can benefit from extended provisions, allowing exemptions from experience criteria, provided they submit appropriate supporting documents demonstrating their operational capability and potential.

How does the tender align with 'Make in India' policies?

The tender encourages adherence to the 'Make in India' initiatives, promoting local procurement and supporting the participation of domestic companies in government contracts, thereby strengthening the local economy and industry.