Bids are Invited For Custom Bid for Services - Sedan Local Travel 40KM x 5Hrs With Estimated Trips 40,Custom Bid for Ser in BANGALORE, KARNATAKA
Progress
RAKiocl Limited has released a public tender for Custom Bid for Services - Sedan Local Travel 40KM x 5Hrs With Estimated Trips 40, Custom Bid for Ser in BANGALORE, KARNATAKA. Quantity: 38. Submission Deadline: 25-02-2025 16: 00: 00. Download documents and apply online.
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | GURU TOURS AND TRAVELS Under PMA | 25-02-2025 12:58:25 | |
| 2 | NIRIKSHA TRAVEL Under PMA | 24-02-2025 20:35:17 |
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 |
|---|---|---|---|
| L1 | NIRIKSHA TRAVEL Under PMA Winner | ₹18,39,602 | Item Categories : Custom Bid for Services - Sedan Local Travel 40KM x 5Hrs With Estimated Trips 40,Custom Bid for Ser |
| L2 | GURU TOURS AND TRAVELS Under PMA | ₹18,41,663 | Item Categories : Custom Bid for Services - Sedan Local Travel 40KM x 5Hrs With Estimated Trips 40,Custom Bid for Ser |
🎉 L1 Winner
NIRIKSHA TRAVEL Under PMA
Final Price: ₹18,39,602
Reverse Auction Schedule
Start
25-Mar-2025, 1:00 pm
End
26-Mar-2025, 1:00 pm
Duration: 24 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
Tender Data
Bid Details
Quantity
38
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
2 Days
Preference & Exemptions
Startup Exemption (Experience)
Yes
Requirements
Min. Avg. Annual Turnover
4
Experience Required
7 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Authority Records
BID & GeM Expert Consultancy
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Documents 6
GeM-Bidding-7354677.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Scope Of Work Document
SCOPE_OF_WORK
Payment Terms & Condition
PAYMENT
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Frequently Asked Questions
Key insights about KARNATAKA tender market
What are the eligibility requirements for GEM/2025/B/5800281?
The eligibility requirements include being a registered entity with a valid business license within the transportation sector. Bidders must demonstrate relevant experience, which is critical for fulfilling the requirements of the tender. Additionally, entities seeking exemptions from the experience or turnover criteria must upload supporting documents to establish their eligibility. These measures ensure that only qualified and capable bidders participate in the procurement process.
What documents are needed to qualify for this tender?
Bidders must provide several key documents to qualify for the tender. Required submissions include evidence of prior experience, financial statements indicating bidder turnover, and specific certificates as requested in the Acceptable Terms and Conditions (ATC). It is essential that all documents adhere to the prescribed formats indicated in the tender documentation. Additionally, any supporting documents for exemption from standard requirements must also be included.
What is the process for submitting documents?
The submission process requires bidders to upload all necessary documents electronically through the given platform. It is vital to ensure all submissions are complete, using the acceptable file formats as specified in the tender. Key timelines for submission will also be detailed in the relevant documents, underscoring the importance of punctuality to ensure eligibility.
How is the performance security requirement structured for this tender?
The performance security requirement entails a financial guarantee that may be required based on tender outcomes. Typically, this includes securing payments or contractual obligations, ensuring bidders' commitment. Specifications regarding performance security are outlined in the bid documents, making it imperative for bidders to review and comply with these terms to mitigate risks during the contract period.
What benefits are available for MSEs participating in this tender?
Micro, Small, and Medium Enterprises (MSEs) are afforded various benefits to encourage their participation in this tender. These benefits may include relaxed eligibility criteria, financial support initiatives, and additional considerations during the evaluation process, promoting a more inclusive environment for local businesses. Startups also receive similar provisions aimed at fostering innovation and developing local economic growth within the sector.