The tender titled Asset Management Services - VALUATION OF 120 TON M/s ITALGRU MAKE HARBOUR MOBILE CRANE, MODEL IHC 2120 (Tender Reference Number: 37c8def5) is issued by the Ministry of Ports, Shipping and Waterways. This solicitation aims to engage a qualified service provider for the comprehensive valuation of a specific asset, which includes a 120 ton M/s Italgru Make Harbour Mobile Crane. The asset’s valuation is vital for financial reporting and strategic decision-making at the Mormugao Port Authority.
Scope of Work and Objectives
The primary objective of this tender is to conduct a thorough onsite valuation of the specified mobile crane. The service provider will be required to prepare a detailed valuation report that accurately reflects the asset's fair market value using recognized methodologies. This valuation is crucial for ensuring compliance with governmental asset management standards and guidelines.
Eligibility Criteria
To participate in this tender, applicants must meet specific eligibility criteria. This includes being a registered entity capable of delivering asset management services and possessing prior experience in equipment valuation. Firms must provide evidence of their qualifications and relevant past work/releases.
Technical Requirements
The technical requirements include:
- Demonstrated expertise in asset valuation, particularly for heavy machinery and cranes.
- The ability to employ recognized valuation methodologies, such as the income, market, or cost approach, as appropriate.
- Provision of certified personnel who can conduct onsite evaluations reliably and accurately.
Financial Requirements
Vendors are also required to present their financial credentials, including proof of stable financial performance and the ability to invoice services rendered. This may include documents such as tax returns, financial statements, and banking references.
Document Submission Details
Bidders must submit their proposal documents via the designated online platform. All submissions should include:
- A completed bid form,
- Technical proposal with detailed service plans,
- Financial proposal outlining pricing;
- Supporting documents demonstrating compliance with eligibility criteria.
Special Provisions
In line with inclusive procurement policies, there are special provisions for Micro, Small and Medium Enterprises (MSEs) and Startups participating in this tender. Additional points may be awarded during the evaluation process to eligible bidders.
Evaluation Process
The evaluation of bids will be based on several factors including the bidder's experience, the methodology proposed for valuation, and the pricing structure. A clear scoring mechanism will be implemented, ensuring a fair assessment of all submissions.
Delivery Locations
The valuation must take place at the Mormugao Port Authority, where the crane is currently located. Thus, it is critical for the selected vendor to have logistical arrangements for onsite access to perform the necessary valuation.
Contact Information
For queries related to this tender, vendors may seek clarification from the issuance department. Specific contacts for this tender are not provided; however, general inquiries would typically be directed to the Ministry of Ports, Shipping, and Waterways.
In summary, this tender for Asset Management Services - VALUATION OF 120 TON M/s ITALGRU MAKE HARBOUR MOBILE CRANE seeks qualified stakeholders to undertake essential valuation tasks ensuring compliance, accuracy, and government accountability in asset management.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
3 DocumentsDocuments Required from Seller
- Experience Criteria
- 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
Corrigendum Updates
Frequently Asked Questions
The eligibility requirements include being a registered entity and possessing previous experience in asset management and valuation. It is essential for bidders to demonstrate their capacity to meet the technical specifications outlined in the tender and provide relevant documentation to support their qualifications.
All participants must offer certificates that validate their experience in asset valuation, particularly for heavy machinery. Additionally, certifications from professional bodies related to asset management may enhance the credibility of the proposal and align with compliance requirements.
Prospective bidders must submit their proposals through the specified online platform for tender submissions. This includes all necessary documents such as the technical proposal, financial proposal, and supporting evidence of eligibility presented in the required formats.
Bidders must demonstrate stability in financial performance through documents such as financial statements and tax returns. It is crucial for vendors to provide competitive pricing within their financial proposals while ensuring compliance with the pricing evaluation criteria set forth in the tender requirements.
Yes, the tender includes special provisions for Micro, Small, and Medium Enterprises (MSEs) and Startups, allowing for additional evaluation points during the assessment process. Such initiatives encourage participation from smaller businesses and foster fair competition while aligning with broader economic policies.
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