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Department of Financial Services Tender by Lic - Life Insurance Corporation Of India (GEM/2025/B/6133256)

Leasing Service of DG-Set

Service
Qty:NaN
EST Bid: ₹2.0 Lakh
Department of Financial Services Tender by Lic - Life Insurance Corporation Of India (GEM/2025/B/6133256)

Tender Timeline

Tender Issue
April 11, 2025 at 12:39 PM

Tender Title: Leasing Service of DG-Set

Reference Number: GEM/2025/B/6133256

Issuing Authority: Department of Financial Services, Ministry of Finance

The Leasing Service of DG-Set tender provides a crucial opportunity for qualified vendors to offer their services in the leasing of diesel generator sets. The scope of this tender encompasses providing reliable and sustainable power solutions tailored to meet the energy needs of government projects and establishments.

Scope of Work and Objectives

The primary objective of this tender is to engage a reliable vendor for the short-term leasing of various capacities of diesel generator sets (DG-sets). Vendors must ensure that the equipment meets high operational standards, allowing for seamless integration into existing power grids. The lease service should cover installation, maintenance, and operational support to guarantee functionality during the leasing period.

Eligibility Criteria

To qualify for participation in this tender, vendors must be registered legal entities recognized under applicable laws. They should demonstrate experience in providing leasing services for DG-sets in previous contracts. Additionally, vendors must provide valid financial statements and proof of past performance in similar projects.

Technical Requirements

Submissions must include detailed specifications of the DG-sets being offered, including capacity, fuel efficiency, emission standards, and any certifications that validate quality and compliance with regulations. Vendors must adhere to all relevant safety standards and environmental guidelines set forth by the governing authorities.

Financial Requirements

Vendors are required to submit a quotation that reflects competitive pricing while also covering all operational costs. A financial breakdown must accompany the submission, detailing the rental rates, maintenance costs, and any other additional charges associated with the service provided.

Document Submission Details

All required documents must be submitted electronically through the designated online portal. Vendors should ensure all submissions are complete with all necessary documentation, including eligibility certificates and technical specifications, failing which their bids may be disqualified.

Special Provisions

This tender places significance on the inclusion of Micro, Small, and Medium Enterprises (MSEs) and startups, encouraging them to participate actively in the bidding process. Compliant entities may receive advantages in evaluations based on their status as an MSE or a startup.

Evaluation Process

Bids will be evaluated based on a stringent set of criteria that includes technical compliance, price competitiveness, and the vendor’s past performance. Shortlisted vendors will be contacted for further discussions before awarding the contract.

Delivery Locations

The leased DG-sets must be delivered to specified project sites as outlined in the contract agreements. The vendor will be responsible for transportation and installation at these locations.

Contact Information

For any queries related to the tender, vendors can contact the Department of Financial Services through the official communication channels listed on the tendering platform.

In conclusion, the Leasing Service of DG-Set tender represents an exciting prospect to deliver essential power solutions across various projects, fostering an environment conducive to qualified vendors in a competitive marketplace.


General Information

Item Category
Leasing Service of DG-Set
Ministry Name
State
City

Financial Information

Estimated Bid Value
₹2,00,000.00
Minimum Turnover
₹8.00 Lakh (s)
Bid Offer Validity
180 (Days)
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
Inspection Required
No
Technical Clarifications Time
3 Days

Tender Documents

4 Documents
GeM-Bidding-7732004.pdfMain Document
Other DocumentsOTHER
Buyer uploaded ATC documentATC ATC
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents Required from Seller

  • Experience Criteria
  • Bidder Turnover
  • Certificate (Requested in ATC)
  • Additional Doc 1 (Requested in ATC)
  • Additional Doc 2 (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

The eligibility requirements for the leasing services of DG-Set include being a duly registered entity under applicable laws. Vendors must demonstrate relevant experience in providing leasing services for diesel generator sets. Financial statements, proof of past performance, and compliance with local regulations are also required to qualify.

The technical specifications required for the lease of DG-Set must include detailed capacity information, fuel efficiency metrics, emission standards, and necessary certifications. Vendors should ensure the equipment adheres to prevailing safety and environmental regulations to be considered qualified for the tender.

Payment terms for the leasing service of DG-Set will be outlined in the contract. Typically, they may include upfront payments, milestone payments based on delivery and installation phases, and terms related to maintenance costs. Clarity on performance security deposits may also be part of these financial arrangements.

Submissions for this tender should be formatted in accepted electronic document formats such as PDFs. Vendors are advised to follow any specific guidelines provided during the registration process to ensure their documents are compliant and that their bids are not disqualified.

Yes, there are special provisions in place to encourage participation from Micro, Small, and Medium Enterprises (MSEs). These entities may receive certain advantages during the evaluation process, potentially improving their chances of winning contracts when compliance with both eligibility and technical specifications is demonstrated.

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