Rashtriya Ispat Nigam Limited Tender by Rashtriya Ispat Nigam Limited (1ef8e2c22)
Custom Bid for Services - APPOINTMENT OF CONVERSION AGENT FOR FLALTS, STRUCTURAL, ROUNDS AT VISAKH
Tender Timeline
Tender Title: Appointment of Conversion Agent for Flats, Structural, Rounds at Visakhapatnam
Tender Reference Number: 1ef8e2c22
Issuing Authority: Rashtriya Ispat Nigam Limited
Department: Ministry of Steel
Scope of Work and Objectives
This tender is aimed at identifying a qualified Conversion Agent for transforming existing flats, structural elements, and rounded areas in Visakhapatnam into productive and compliant living and working spaces. The selected agent is expected to enhance construction quality while adhering to established architectural and structural standards. The ultimate objective is to ensure the functionality, safety, and aesthetic appeal of these properties, contributing to smarter urban development.
Eligibility Criteria
Eligible bidders must be registered entities within India. They are required to demonstrate experience in handling similar projects and possess relevant certifications. A thorough understanding of local regulations, construction standards, and safety protocols is essential. Prospective applicants must also have the capability to mobilize resources effectively and provide a reliable timeline for project completion.
Technical Requirements
Bidders must comply with stringent technical specifications outlined by the issuing authority. This includes the ability to employ efficient construction methodologies, the use of sustainable materials, and adherence to quality standards laid out in the project plan. The skills and equipment needed for structural modification and development should be clearly defined in the bid proposal.
Financial Requirements
All participating firms must provide financial documents that showcase their capability to undertake large-scale construction projects. This includes balance sheets, income statements, and relevant tax documentation. Compliance with all financial regulations is mandatory, and an Earnest Money Deposit (EMD) may be required as part of the submission process.
Document Submission Details
Bidders are required to submit their proposals electronically through the designated tender portal, ensuring all documents are in accepted formats. A complete proposal should include the company profile, relevant certificates, and technical plans. Specific instructions regarding document formatting and submission will be available through the portal.
Special Provisions
The tender includes certain provisions that favor Micro, Small, and Medium Enterprises (MSEs) and startups, encouraging them to participate. MSEs may be eligible for benefits such as relaxed eligibility criteria, essential technical support, and easier access to funding.
Evaluation Process
The evaluation of submissions will be based on multiple criteria including technical capabilities, financial soundness, and past performance on similar projects. Detailed assessments will facilitate the selection of the most competent Conversion Agent. Criteria may also encompass sustainability metrics and potential community impact.
Delivery Locations
The primary location for the execution of work is Visakhapatnam, with potential extensions to surrounding areas depending on project requirements. All construction activities must comply with local laws and regulations.
Contact Information
For further inquiries, contacting the Rashtriya Ispat Nigam Limited through the designated communication avenues listed on the tender portal is advisable. It's essential to ensure clarity on all aspects related to this tender to facilitate smooth participation.
Tenders of this nature represent significant investments into urban development, promoting job creation and enhanced living conditions for communities. All potential bidders are encouraged to closely examine the tender documentation and prepare comprehensive bids reflecting their capabilities and qualifications.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
14 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover *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, showcasing prior relevant experience in similar projects, and demonstrating financial stability. Bidders must provide necessary documentation to support their qualifications, ensuring they meet the expectations of the Rashtriya Ispat Nigam Limited as stated in the tender.
Bidders are expected to demonstrate compliance with rigorous technical specifications that include the use of sustainable materials, adherence to construction quality standards, and efficient methodology in execution. Detailed project plans showcasing these competencies are critical to a successful bid submission.
The Earnest Money Deposit (EMD) will be stipulated within the tender documents. It is typically required to confirm the bidder’s serious intent to fulfill the contractual obligations and will be held until the contract is awarded. Detailed guidelines regarding the amount and payment process will accompany the bid submission instructions.
All proposals must be submitted electronically through the designated tender portal. It is essential to adhere to the specified accepted document formats to ensure proper evaluation. Bidders should verify submission protocols to eliminate any potential delays in the evaluation process.
Provisions are in place to support Micro, Small, and Medium Enterprises (MSEs) and startups, promoting their participation in the tender process. These may include relaxed eligibility criteria, technical assistance, and potential financial incentives, aligning with the government’s initiatives to foster emerging businesses within the construction sector.
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