Bids are Invited For APPOINTMENT OF IBBI REGISTERED PROPERTY VALUERS in BANGALORE, KARNATAKA

The eligibility requirements include being a registered entity with valid certifications, a minimum average annual turnover of 1 Lakh (s) over the previous three years, and a minimum of 3 years of past experience in similar services. MSEs may seek exemptions based on valid documentation.

Bidders must submit documents such as Experience Criteria, Past Performance, and Bidder Turnover certificates. Additionally, any requested certificates as per the ATC must be included to ensure compliance.

No, startups do not receive exemptions from the experience and turnover requirements set forth in the tender conditions, unlike MSEs that may qualify for exemptions.

All submitted documents must be in electronic format compatible with the e-procurement platform. It is advisable to follow the guidelines provided in the main tender document regarding accepted formats.

An Earnest Money Deposit (EMD) is mandatory to participate in the bidding process. Specific amounts and submission methods should be clarified in the main tender guidelines.

Bidders must meet the quality standards as outlined in the specifications of the tender document. They should ensure that valuations comply with regulatory norms as required by IBBI.

Yes, compliance with prescribed guidelines for property valuations and adherence to the regulatory mandates of the IBBI is required for all submissions and reports.

The evaluation process involves a total value-wise assessment of bids. The rule of H1-Highest Priced Bid Elimination will be utilized to determine the successful bidder.

Payment terms align with the standard contractual obligations as per the government procurement rules, typically based on milestones or progress.

Notifications regarding the results of the bid evaluation will be communicated through the registered email of the bidders upon completion of the evaluation process.

Yes, there are benefits for MSEs, including exemptions from certain criteria related to experience and turnover, encouraging their participation in government tenders.

Bidders are encouraged to comply with 'Make in India' initiatives by sourcing materials and services locally wherever possible and demonstrating local sourcing in their proposals.

If the bid splitting is applied, the maximum number of bidders amongst whom the order may be split is 3. The bidder empowered to negotiate may do so with secondary bidders if necessary.

Adhering to local content and procurement rules is vital for promoting local manufacturers and suppliers, thereby boosting the economy and ensuring sustainable practices within the procurement framework.

No, there will be no requirement for physical inspections prior to the award of the tender, streamlining the evaluation process for all bidders.