Tender for the development of a new site retail outlet. Bidders must submit all declarations and documents in the prescribed format on the e-tendering portal by the due date and time. The tender is a two-stage process (technical and price bid). The completion period is 16 weeks from the date of commencement, which is 10 days after the issuance of the Letter of Acceptance (LOA) or actual handing over of the site, whichever is earlier. No escalation/deescalation is applicable. The successful bidder will be selected based on the lowest bid, with or without negotiations. In case of a tie, a discount bid will be requested. The tender validity is 180 days from the date of opening of the technical bid. No earnest money deposit (EMD) is required, but a bid security declaration is mandatory. The tender is limited to one contractor. No purchase preference is applicable to PSUs, state/central, JVs of IOCL, MSES, and startups. The legal jurisdiction for disputes is in the local courts for disputes up to the stage of LOI and in Hyderabad for disputes after LOI and during execution.
The completion period shall be 16 sixteen weeks from the date of commencement. The date of commencement shall be 10th day from the date of issue of loa or actual handing over of the site whichever is earlier.
Among all qualified bids, the lowest bid, with or without negotiations, as the case may be, shall be termed as L1. In case of tie between two or more bidders at L1 position, all the L1 bidders shall be asked to submit discount bid in terms of percentage discount over previous quoted amount in a sealed envelope. In case there is a tie again, the bidder with the highest turnover worked out to three decimal points in any of the preceding three financial years shall be considered and the bidder is selected as L1.
Bidders must submit all the above declarations in the format in the attached excel sheet named exceldeclarationsundertakings. xls.
Bidders shall visit the site and acquaint themselves with site conditions, including availability of water, power, approach road, construction materials, and other ancillary facilities.
The estimated value of the total works is Rs. 82,79,66,****, exclusive of GST.