Leasing of Electric Vehicles (Long Term) - Wet Lease; Tata Nexon EV

The eligibility requirements include being a registered entity, demonstrating prior experience in vehicle leasing, and complying with specific technical specifications. Bidders must establish their financial capability through bank statements and other relevant documents.

Bidders must provide various certificates, including business registration documents, compliance with emission standards, and any other local regulatory certifications that validate their capability to offer leasing services.

To register, bidders must create an account on the designated online procurement portal. Following this, they can submit their proposals in the accepted formats, which typically include PDF and DOCX for detailed documentation.

All vehicles proposed for leasing must adhere to rigorous quality standards and meet the latest emission norms. This ensures that all vehicles are reliable, safe, and environmentally friendly.

An Earnest Money Deposit (EMD) may be required as part of the bid submission. This serves as a financial guarantee against the bidder’s proposal and is typically refunded upon completion of the bidding process, provided all conditions are met.