Operating Recreational Boating including Supply of Boating Infrastructure at Tawi Riverfront, Jammu.

The participating bidders are required to quote their bids in terms of Viability Gap Fund (VGF) to be provided by the employer (JSCL) for staging the event . The VGF shall be quoted in Rs. …. (+) or Rs. … (-) by the vendor. The plus sign would indicate amount that the JSCL is required to pay to the vendor for holding the event & minus sign would indicate the amount the bidder would pay to the JSCL for holding the event. The bidder offering the most lucrative deal to JSCL would be selected i.e. if all the bidders quote their rate in plus (+), then the bidder asking for lowest VGF will qualify & in case of the bidders rate being in minus (-) then the bidder offering the maximum amount to JSCL shall qualify