Bank Of India Asset Valuation Services Onsite Tender Mumbai Maharashtra 2026
Bid Publish Date
15-Sep-2026, 7:47 pm
Bid End Date
30-Sep-2026, 5:00 pm
Location
Progress
Key Highlights
- • Critical: Onsite asset valuation service for Bank Of India in Mumbai
- • ATC clause enables up to 25% variation in contract quantity or duration
- • SOW/ATC attachments referenced; BOQ contains 0 items
- • No explicit EMD amount or estimated contract value published
- • Must demonstrate valuation methodology, regulatory alignment, and reporting accuracy
- • Delivery model centers on onsite valuation reports for financial assets
- • No location/date specifics published; follow ATC for exact submission requirements
Tender Overview
Bank Of India invites bids for Asset Valuation Services - Valuation Report; Onsite at its Mumbai, Maharashtra location. The procurement covers onsite valuation reporting for bank assets, with no BOQ items listed. The opportunity uses a flexible ATC scope clause allowing up to 25% variation in contract quantity or duration. The estimated value and EMD details are not disclosed, signaling a request for competitive bids based on firm methodology and deliverables. Bidders should prepare to demonstrate capability in professional valuation, report accuracy, and regulatory compliance within an onsite service framework. The tender emphasizes scope adaptability and a clear delivery model aligned with financial services asset valuation needs in a metropolitan center.
Technical Specifications & Requirements
- Category: Onsite asset valuation services and valuation reporting forBank assets
- Location: Mumbai, Maharashtra 400002
- Service type: Onsite valuation reporting with professional valuation deliverables
- Scope note: 25% quantity/duration adjustment allowed pre-issuance; post-issuance adjustments capped at 25%
- Standards/Compliance: Not explicitly specified; bidders should demonstrate standard valuation methodologies and regulatory alignment
- Documentation: ATC/SOW file attachments referenced; no explicit BOQ items provided
- Key differentiator: Structural ATC clause enabling scope flex with consent for lumpsum contracts
- Deliverables: Valuation reports; on-site assessment; synthesis aligned to financial services requirements
- Risk/award indicators: Competitive bidding environment with unknown estimated value implying emphasis on methodology, team credentials, and delivery plan
Terms & Eligibility
- EMD details not disclosed; bidders should anticipate standard tender deposits per Bank of India norms
- Experience: Demonstrated capability in professional asset valuation within financial services; details not specified
- Delivery terms: Onsite valuation deliverables within agreed project timelines post-award; exact deadlines not published
- Payment terms: Not disclosed; typical banking procurement patterns may apply per ATC/SOW
- Documentation: Mandated submission includes GST/PAN, experience evidence, financials, and technical compliance per bank norms; OEM authorizations if required
- Special clauses: 25% scope variation allowance; ATC and SOW attachment references; no concrete SLA or penalties disclosed
- Warranty/penalties: Not specified; refer to ATC for enforcement and remedies
Key Specifications
-
Asset valuation service: onsite valuation reports
-
Location: Mumbai, Maharashtra
-
Scope variation: up to 25% pre-issuance and post-issuance
-
BOQ: 0 items
-
Deliverables: onsite valuation reports and analytic summaries
-
Standards: not explicitly specified; bidders to demonstrate valuation methodology
Terms & Conditions
-
EMD amount not disclosed; bidders should prepare per bank norms
-
25% scope variation allowed; consent required for lumpsum contracts
-
Onsite valuation service with SOW/ATC attachments referenced
Important Clauses
Payment Terms
EMD and payment schedule not disclosed; refer to ATC/SOW for terms
Delivery Schedule
Onsite valuation deliverables to be defined in award and SOW; exact deadlines not published
Penalties/Liquidated Damages
Not specified in available data; penalties, if any, to be defined in ATC
Bidder Eligibility
-
Demonstrated experience in asset valuation for financial institutions
-
Compliance with GST, PAN, and financial stability documentation
-
Capability to perform onsite valuation and deliver formal reports
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
500
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Asset Valuation Services - Valuation Report; Onsite
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Pre-Bid & Qualification
Pre-Bid Date
24-09-2026 15:00:00
Pre-Bid Venue
STAR HOUSE I 7th Floor, C - 5, "G" Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051.
Delivery Details
Delivery Locations
1
Delivery Cities
Mumbai Suburban
Delivery Pincodes
400051
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Durgesh Prashant Sukhtankar | 400051,Bank of India, Head office, Star house-I, C-5, G Block, Bandra kurla Complex, Bandra Kurla (East) Mumbai 400051 | Mumbai Suburban | Maharashtra | 400051 | Project / Lumpsum Based | - | - |
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Documents 6
GeM-Bidding-9897652.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
6
Required Documents
GST certificate
Permanent Account Number (PAN)
Experience certificates in asset valuation for financial institutions
Financial statements demonstrating stability
EMD submission documentation as per bank norms
Technical bid documents and compliance certificates
OEM authorizations if applicable to valuation tools or software
SOW/ATC attachments acknowledgment
Frequently Asked Questions
Key insights about MAHARASHTRA tender market
How to bid for Mumbai asset valuation tender in 2026
Bidders should submit GST and PAN, provide asset valuation experience certificates, attach financial statements, and supply technical compliance details. The ATC/SOW attachments govern scope, while an EMD must be provided as per bank norms. Ensure onsite valuation capability and a clear report delivery plan within the award timeline.
What documents are required for Bank Of India valuation bid in Mumbai
Required documents include GST registration, PAN, experience certificates in financial asset valuation, financial statements, EMD submission, and technical bid documents. OEM authorizations may be needed for valuation software, with SOW/ATC attachments acknowledged, to confirm scope and terms.
What are the technical requirements for onsite valuation services in Mumbai
Technical requirements focus on on-site valuation capability, reporting proficiency, and compliance with regulatory standards. While explicit standards are not listed, bidders should present validated valuation methodologies, team qualifications, and robust data reporting aligned with financial services expectations for Mumbai-based assets.
When is the delivery deadline for Bank Of India valuation project in 2026
Exact delivery deadlines are defined in the ATC/SOW attachments. The award will specify onsite valuation timelines, and bidders must align their project plans with those dates post-award, ensuring timely submission of valuation reports and supporting data.
What are the EMD and payment terms for this Mumbai tender
EMD details are not disclosed in the public data; bidders must follow the bank’s standard EMD guidelines in the ATC. Payment terms will be described in the ATC/SOW, typically linking milestone-based payments to delivery of valuation reports and acceptance by Bank Of India.
How to demonstrate eligibility for Bank Of India asset valuation bid
Demonstrate eligibility with documented asset valuation experience for financial institutions, GST compliance, PAN, demonstrated financial stability, and the ability to perform onsite valuations. Include references for similar projects, team bios, and proof of valuation software/tooling where applicable.
What standards or certifications are required for valuation services
The tender does not specify exact standards; bidders should proactively show IS or ISO-aligned valuation practices, professional accreditations, and robust methodological documentation. Include compliance evidence, quality control processes, and data security measures in the submission.