HOUSING AND URBAN DEVELOPMENT CORPORATION LTD Tender by Housing And Urban Development Corporation Ltd (GEM/2025/B/6156606)
Asset Management Services - Asset to be Valued; Offsite
Tender Timeline
Tender Title and Reference Number
The tender titled Asset Management Services - Asset to be Valued; Offsite has the reference number GEM/2025/B/6156606.
Issuing Authority/Department
This tender is issued by the Housing and Urban Development Corporation Ltd, under the supervision of the Ministry of Housing & Urban Affairs (MoHUA).
Scope of Work and Objectives
The objective of this tender is to invite qualified bidders to provide comprehensive asset management services for assets that need to be evaluated on an offsite basis. The scope of work includes but is not limited to task execution related to asset valuation, condition assessment, and reporting on asset performance metrics.
Eligibility Criteria
To be eligible for this tender, bidders must fulfill the following criteria:
- Must be a registered entity with the necessary legal status to operate in the domain of asset management.
- Should possess relevant experience in valuing assets and providing asset management services.
- Must demonstrate financial stability as per the specified financial requirements.
Technical Requirements
Bidders are required to adhere to the following technical specifications:
- Proven methodologies for asset valuation.
- Infrastructure and technical capabilities to perform offsite valuations.
- Compliance with industry standards and relevant quality standards set forth by governing authorities.
Financial Requirements
Bidders must provide details of the anticipated cost for rendering the asset management services. This should include all associated expenses, ensuring transparency and compliance with the proposed budget framework.
Document Submission Details
Interested bidders must submit their proposals through the specified online portal. All necessary documents, including eligibility certificates and financial statements, should be included in the submission. Clearly labeled and formatted documents in accepted formats are expected.
Special Provisions
This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) by providing additional provisions that facilitate their bidding process. Startups are also encouraged to apply, contributing to the government’s vision of promoting entrepreneurship.
Evaluation Process
The evaluation of submissions will occur based on predefined criteria that include technical capabilities, financial proposals, and previous experience in asset management. Bidders must be prepared to present their proposals effectively during the evaluation stage.
Delivery Locations
The asset management services will be required in various locations as specified in the tender document. Bidders should confirm their capacity to deliver services in these areas efficiently.
Contact Information
For any inquiries related to this tender, potential bidders are encouraged to reach out to the designated contacts as mentioned in the tender document.
In conclusion, this tender represents a significant opportunity for skilled asset management service providers to contribute to essential valuation tasks, fostering industry growth while complying with necessary standards and regulations.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments Required from Seller
- Certificate (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
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Frequently Asked Questions
The eligibility requirements include being a registered entity with relevant experience in asset management and valuation. Bidders must also demonstrate financial stability and may be requested to provide performance records from previous projects to substantiate their capacity.
Bidders must follow established technical specifications for asset valuation, which include applying proven methodologies and standards. It is essential to possess the necessary infrastructure for conducting offsite assessments and ensuring compliance with industry quality standards.
Payment terms typically stipulate that payments will be made upon completion of the asset management services as per the agreed schedule. Bidders should ensure that their financial proposals comprehensively outline their payment expectations and conditions for service release.
The evaluation and selection process is structured around several key criteria including technical capabilities, financial proposals, and bidders’ past experiences in asset management. Special emphasis is placed on the ability to meet timelines and maintain quality standards throughout the proposed project.
Yes, MSEs are offered special provisions under this tender to facilitate their participation. This may include relaxation of specific eligibility requirements, financial incentives, or other support aimed at empowering smaller entities in the bidding process while promoting local participation.
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