Leasing of Electric Vehicles (Long Term) - Wet Lease; Tata Nexon Creative 45 or any higher variant

The eligibility requirements for bidding on this tender include being a registered entity with valid legal status. Bidders must demonstrate prior experience in leasing electric vehicles and must comply with all relevant licensing regulations and industry standards. Additionally, financial stability and proven capability to fulfill the lease agreement terms are essential considerations in the evaluation process.

Bidders must submit various certificates as part of their documentation. These typically include registration certificates, GST registrations, and industry-specific licenses. Furthermore, proof of compliance with environmental standards for electric vehicles and any additional certifications that support the technical specifications of the proposed vehicles must be included.

The submission process for this tender is conducted via the official e-procurement platform. Bidders are required to upload all necessary documents, including the technical and financial proposals, following the specific format stipulated in the tender guidelines. Timeliness in submission is crucial, with strict adherence to the deadlines indicated in the tender document.

The payment terms outlined in the tender documentation specify that payments will be made on a monthly basis throughout the lease period. Detailed payment schedules and conditions for any advance payments, as well as payment adjustment clauses, will be stipulated in the final agreement between the Ministry of Power and the awarded bidder.

Micro, Small, and Medium Enterprises (MSEs) can access significant benefits through this tender. This includes relaxed eligibility criteria, enhanced evaluation scores, and opportunities for capacity building. The initiative aims to empower startups and MSEs, facilitating their participation in government contracts and aligning with the broader vision of promoting local business growth and sustainability.