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Closed GEM

Contract Bidding Open For Asset Management Services - Valuation Report, Valuation for Project located in Odisha; Onsite

Bid Publish Date

05-Nov-2024, 10:23 am

Bid End Date

02-Dec-2024, 12:00 pm

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Progress

Issue05-Nov-2024, 10:23 am
Corrigendum19-Nov-2024
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Categories 10

Public procurement opportunity for Indian Renewable Energy Development Agency Asset Management Services - Valuation Report, Valuation for Project located in Odisha; Onsite. Quantity: 1 issued by. Submission Deadline: 02-12-2024 12: 00: 00. View full details and respond.

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 for Project located in Odisha; 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-7084515.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 bidding?

The eligibility requirements include being a registered entity capable of providing asset management services and having prior experience in valuation for renewable energy projects. Proper documentation substantiating qualifications and experience must be submitted as part of the bidding process.

What certificates are required for submission?

Bidders must provide certificates that demonstrate their registration as an entity and any relevant qualifications or licenses specific to asset valuation and management in renewable energy projects.

How do I register to participate in this tender?

To register for this tender, you must create an account on the designated bidding portal, where you can complete the registration process. Ensure all required documents are uploaded for verification.

What document formats are accepted for submission?

All documents must be submitted in specified formats, generally including PDF and Word formats. Confirm acceptable formats in the tender documentation.

What are the technical specifications for valuation services?

Technical specifications include team qualifications, valuation methodologies, and applicable tools for conducting asset evaluation. Bidders must clearly articulate their approach and methodologies in proposals.

What quality standards must the valuation meet?

Valuations must adhere to local and national quality standards for asset management services, ensuring they are comprehensive, accurate, and reflective of market conditions.

Are there any compliance requirements for bidders?

Yes, bidders must comply with applicable laws and regulations governing asset management and valuation services, including adherence to industry standards as specified in the related documentation.

What is the testing criteria for the valuation report?

The testing of the valuation report will be based on the accuracy of assessments, methodologies employed, and compliance with any established guidelines of the Indian Renewable Energy Development Agency.

What are the details regarding the Earnest Money Deposit (EMD)?

Bidders are required to submit an Earnest Money Deposit (EMD) to guarantee their bid's seriousness. The amount and submission process for EMD are highlighted within the tender documentation.

What are the performance security requirements?

Performance security is mandated to ensure contract compliance and service delivery according to the agreed terms. Exact requirements can be found in the tender conditions provided.

What are the payment terms for the awarded contract?

Payments to the winning bidder will be structured based on the completion of deliverables as specified in the contract. Detailed payment terms should be outlined in the tender documentation.

How is the price evaluation conducted?

The price evaluation will consider the total value offered in proposals, ensuring it reflects the quality and comprehensiveness of the valuation services provided.

What is the submission method for bids?

Bids must be submitted electronically through the specified portal. Ensure that all attachments are correctly uploaded as per the tender's requirements.

What key timelines and deadlines should bidders be aware of?

Bidders should review the tender documentation to familiarize themselves with all critical timelines regarding submissions, evaluations, and potential notifications.

How is the evaluation and selection process conducted?

The evaluation and selection process is based on the submission's adherence to the requirements, quality of the proposal, and the overall pricing structure. Relevant criteria specified in the tender documentation will guide this process.

When and how will results be notified?

Notification of results will be communicated through the official channels outlined in the tender. Bidders should check the specified portal for updates following the evaluation.

What benefits are provided for Micro, Small, and Medium Enterprises (MSEs)?

Provisions are laid out within the tender for MSEs to facilitate competitive bidding. These may include relaxed eligibility criteria and financial assistance options to enhance participation.

Are there any provisions specifically for startups?

Yes, provisions are outlined to support startups, enabling a fair opportunity for emerging businesses to bid for government tenders.

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

The tender encourages local participation and procurement, promoting the 'Make in India' initiative by emphasizing local capabilities and resources in asset management services.

What implications do local content and procurement rules have on the tender?

Bidders are encouraged to source materials and services locally wherever feasible, enhancing economic growth and supporting local suppliers as per the local content requirements of the tender.