Empanelment of Valuers for Property Valuation Work for the Ahmedabad Metro Rail Extension Project

ANNEXURE – 6, Guidelines for Technical Bid Submission .................................................................

ANNEXURE – 8, Affidavit for Unaudited Balance Sheet.....................................................................

Signature & Stamp of Bidder (Authorised Person from Bidder)

Empanelment of Valuers for Property Valuation Work GMRC

The information contained in this Request for Proposal document or subsequently provided to Valuers, whether verbally or in

documentary or any other for by or on behalf of the Gujarat Metro Rail Corporation (GMRC) Limited., or any of its employees

or advisers, is provided to Valuers on the terms and conditions set out in this Tender document and such other terms The

information contained in this Tender document or subsequently provided to Valuers, whether verbally or in documentary or any

other form by or on behalf of the Gujarat Metrorail Corporation (GMRC) Limited., or any of its employees or advisers, is provided

to Valuers on the terms and conditions set out in this RFP and such other terms and conditions subject to which such

information is provided.

This Tender document is not an agreement and is neither an offer nor invitation by the Gujarat Metrorail Corporation (GMRC)

Limited to the prospective Valuers or any other person. The purpose of this Tender document is to provide interested parties with

information that may be useful to them in the formulation of their Proposals pursuant to this Tender document. This Tender

document includes statements, which reflect various assumptions and assessments arrived at by the Authority in relation to the

Consultancy. Such assumptions, assessments and statements do not purport to contain all the information that each Valuer may

require. This Tender document may not be appropriate for all persons, and it is not possible for the Gujarat Metrorail Corporation

(GMRC) Limited, its employees or advisers to consider the objectives, technical expertise and particular needs of each party

who reads or uses this Tender document. The assumptions, assessments, statements and information contained in this Tender

document, may not be complete, accurate, adequate or correct. Each Valuer should, therefore, conduct its own investigations

and analysis and should check the accuracy, adequacy, correctness, reliability and completeness of the assumptions, assessments

and information contained in this Tender document and obtain independent advice from appropriate sources.

Information provided in this Tender document to the Valuers is on a wide range of matters, some of which depends upon

interpretation of law. The information given is not an exhaustive account of statutory requirements and should not be regarded as

a complete or authoritative statement of law. The Gujarat Metrorail Corporation (GMRC) Limited, accepts no responsibility for

the accuracy or otherwise for any interpretation or opinion on the law expressed herein.

The Gujarat Metrorail Corporation (GMRC) Limited., its employees and advisers make no representation or warranty and shall

have no liability to any person including any Valuer under any law, statute, rules or regulations or tort, principles of restitution or

unjust enrichment or otherwise for any loss, damages, cost or expense which may arise from or be incurred or suffered on

account of anything contained in this Tender document or otherwise, including the accuracy, adequacy, correctness, reliability

or completeness of the Tender document and any assessment, assumption, statement or information contained therein or deemed

to form part of this Tender document or arising in any way in this Selection Process.

The Gujarat Metrorail Corporation (GMRC) Limited, also accepts no liability of any nature whether resulting from negligence or

otherwise however caused arising from reliance of any Valuer upon the statements contained in this Tender document.

The Gujarat Metrorail Corporation (GMRC) Limited, may in its absolute discretion, but without being under any obligation to

do so, update, amend or supplement the information, assessment or assumption contained in this Tender document.

The issue of this Tender document does not imply that the Gujarat Metrorail Corporation (GMRC) Limited, is bound to select

Valuers or to appoint the Selected Valuers, as the case may be, for the inspection works and the Gujarat Metrorail Corporation

(GMRC) Limited, reserves the right to reject all or any of the Proposals without assigning any reasons whatsoever.

The Valuer shall bear all its costs associated with or relating to the preparation and submission of its Proposal including but not

limited to preparation, copying, postage, delivery fees, expenses associated with any demonstrations or presentations which may

be required by the Gujarat Metrorail Corporation (GMRC) Limited, or any other costs incurred in connection with or relating

to its Proposal. All such costs and expenses will remain with the Valuer and the Gujarat Metrorail Corporation (GMRC)

Limited, shall not be liable in any manner whatsoever for the same or for any other costs or other expenses incurred by the

Valuer in preparation or submission of the Proposal, regardless of the conduct or outcome of the Selection Process.

Signature & Stamp of Bidder (Authorised Person from Bidder)

Empanelment of Valuers for Property Valuation Work GMRC

Section – I, NOTICE INVITING TENDER

GUJARAT METRO RAIL CORPORATION (GMRC) LIMITED

(A Joint Venture of Govt. of Gujarat and Govt. of India)

Block No.1, First Floor, Karmayogi Bhavan, Behind Nirman Bhavan,

Sector 10/A, Gandhinagar: 382010, Gujarat,

TENDER NOTIFICATION No: GMRC/R&R/Empanelment of Valuer/2026 Date: 25-09-2026

E-Tender is invited from reputed and experienced agencies for the following tender:

Tender Name Tender Fees

“Empanelment of Valuers for Property Valuation Work for the Ahmedabad 5,000/-

Metro Rail Extension Project”

Interested bidders are requested to visit https://gmrc.nprocure.com for eligibility criteria, applying/

downloading the tender document. The last date and time for Bid Submissions of Tender(online) is 15:00

Any alterations in Eligibility Criteria and terms of the Tender Document, or any amendment to the Tender

Document, etc, will be uploaded on https://gmrc.nprocure.com and GMRC’s Website

www.gujaratmetrorail.com without any obligation or press notification or other proclamation.

GMRC, Gandhinagar

Signature & Stamp of Bidder (Authorised Person from Bidder)

Empanelment of Valuers for Property Valuation Work GMRC

NOTICE INVITING TENDER

GUJARAT METRO RAIL CORPORATION (GMRC) LIMITED.

(A SPV of Govt. of Gujarat and Govt. of India)

Block No.1, First Floor, Karmayogi Bhavan, Behind Nirman Bhavan,

Sector 10/A, Gandhinagar:

GUJARAT METRO RAIL CORPORATION (GMRC) LIMITED invites Open Tenders under single

stage, One packet system from Agencies, who fulfils the qualification criteria as stipulated in

Minimum Eligibility Criteria for “Empanelment of Valuers for Property Valuation Work for the

Ahmedabad Metro Rail Extension Project ”

1.1.1 Gujarat Metro Rail Corporation (GMRC) Limited was incorporated by the Government of Gujarat

to implement Ahmedabad Metro Rail Project, Phase - I. The Company was restructured and

with effect from 20th March 2015, the company has been converted into 50:50 SPV of

Government of India and Government of Gujarat.

GMRC is implementing Ahmedabad Metro Rail Project Phase - I, Phase – II and Surat Metro

Rail Project Phase - I (the “Project") with an objective of providing safe, fast and eco-friendly

transportation services to the public at affordable rates while simultaneously reducing

congestion on roads.

1.1.2 Key details :

The details of the tenders are as follows:

A. Tender No. GMRC/R&R/Empanelment of Valuer/2026

B. Name of Work Empanelment of Valuers for Property Valuation Work for

the Ahmedabad Metro Rail Extension Project

C. Estimate of Project affected Approx. 2000 properties

Properties (Number of properties may vary as per Metro alignment.)

D. Completion Period Three years (36 months)

E. Tender Fees (Non-refundable) INR 5,000/- only inclusive of GST (Rupees: Five Thousand

Tender fee is to be paid online in GMRC’s account

through n procurement portal while submitting the bid. No

other mode of payment will be accepted. The bidder is

required to mentioned the payment reference no. of

successfully submission of tender fees online.

(Copy of GST registration no. to be provided along with

F. Tender Guarantee / EMD INR 1,25,000. (Rupees: One Lakh Twenty Five Thousand

Amount (Refundable) only)

Tender Security is to be submitted either online through n

procurement portal or e-Bank Guarantee (e-BG) from any

Signature & Stamp of Bidder (Authorised Person from Bidder)

Empanelment of Valuers for Property Valuation Work GMRC

schedule bank in India. No other mode of payment will be

G. Last date of submission of 03-10-2026 up to 17:00 hrs.

queries/ Clarification from

Tenderers Queries/clarifications from bidders after due date and time

shall not be acknowledged. • The interested applicants can

send their participation details (i.e. Name, Mobile no., Email

ID, Name of firm) through Email to

[email protected] &

[email protected] )

The bidder shall submit their queries to above mentioned

H. Pre- bid Meeting to be held 05-10-2026, 11:30 Hrs.

through Video Conferencing /

I. Last Date and time of 16-10-2026, 15:00 Hrs.

submission of E-Tender

J. Opening of Technical Bid On the last day of submission of Filled-In Technical Bid at

15:30 Hrs. (IST)

K. Tender validity 120 days from its submission date

L. Bid Security validity 120 + 60 = 180 days from the last date of submission of

M. Performance Guarantee INR 1,00,000 in form of Demand Draft / eBG in favour of

“GUJARAT METRO RAIL CORPORATION (GMRC)

N. Retention Money 10% of each bill of the specific work awarded by GMRC

and Retention money will be returned after 3 months

completion of valuation of Specific work.

O. GMRC Account Details (Only for Refer Annexure –

issuance / preparation of E-Bank

Guarantee for tender security)

As per MSEs (Micro and Small Enterprises) Act 2012 and amendment thereof, the firms registered

under MSEs / NSIC (i.e. National Small Industries Corporation) are exempted in submission of Tender

Fees and Tender Security subject to submission of valid registration certificate under appropriate

category as applicable as on the date of tender submission.

In case the bidder who has been exempted Tender Cost / Tender Security being Micro & Small

Enterprises / NSIC (i.e. National Small Industries Corporation), and;

(i) Withdraws his Tender during the period of Tender validity; or

(ii) becomes the successful bidder, but fails to commence the work (for whatsoever reasons)

as per terms & conditions of Tender; or

(iii) refuses or neglects to execute the contract; or

(iv) fails to furnish the required Performance security within the specified time,

Signature & Stamp of Bidder (Authorised Person from Bidder)

Empanelment of Valuers for Property Valuation Work GMRC

The bidder shall be debarred from participating in future tenders for a period of 1 year from the date of

discharge of tender/ date of cancellation of LOA/ annulment of award of contract as the case may be.

Thereafter, on expiry of period of debarment, the bidder may be permitted to participate in the

procurement process only on submission of required Tender Cost/ tender Security.

Further the Employer may advise the authority responsible for issuing the exemption certificate to take

suitable actions against the bidder such as cancellation of enlistment certificate etc.

1.1.3. Eligible Applicants

Consultants must read carefully the minimum conditions of eligibility provided herein. Bids of

only those Bidders who satisfy the Conditions of Eligibility will be considered for evaluation

mentioned at Section-II.

i. The tenders for this contract will be considered only from those tenderers (Individual,

proprietorship firms, partnerships firms, companies, corporations, Limited Liability Partnership)

who meet requisite eligibility criteria prescribed in Section - II. The submission in JV /

Consortium is not allowed.

ii. (a) A tenderer shall submit only one bid in the same tendering process, more than one bid will

cause all of the proposals in which the tenderer has participated to be disqualified.

(b) Tenderer is not blacklisted / banned by any Government department / Autonomous

Organisation etc. or prosecuted by any court of law.

(c) Tenderer must not have suffered bankruptcy/ insolvency during the last 5 years. The

tenderer should submit undertaking to this effect in Annexure-4.

iii. The tenderer shall submit an undertaking on following details in Annexure -

• No existing litigation.

• Never blacklisted, terminated by any client in India

• The bidder never filed any law suits or requested arbitration with regard to any

Contract within the last five years

• No judgment, claim, arbitration proceeding or suit pending or outstanding

Against the bidder or its officers

• Bankruptcy was never filed by the bidder, its subsidiaries or its parent

• The bidder was never cited by any regulatory agency for a safety violation in

the last five years.

Note : If there is any misrepresentation of facts with regards to undertaking submitted vide

Annexure-4 the same will be considered as “fraudulent practice” the tenderers will be rejected

and shall be debarred from participating in future tenders for a period of 1 year.

Notes to Bidders:

(1) The tenderer may download the tender document along with Addendum (if

any)from(n)Procurement’s site https://tender.nprocure.com and GMRC’s Website

www.gujaratmetrorail.com. The interested tenderer shall submit the same with tender submittal

untampered, duly signed and stamped on each page.

(2) Any alterations in Eligibility Criteria and terms of the Tender Document, or any amendment to the

Tender Document, etc. will not be published in the newspapers but the same will be uploaded on

(n)Procurement and GMRC website, as mentioned above.

(3) The tenderers may obtain further information/clarification, if any, in respect of these tender

documents from the office of Managing Director, [Attn: GM (Contract.)], Gujarat Metro Rail

Signature & Stamp of Bidder (Authorised Person from Bidder)

Empanelment of Valuers for Property Valuation Work GMRC

Corporation (GMRC) Limited, Block No.1, First Floor, Karmayogi Bhavan, Sector 10/A,

Gandhinagar – 382010, Gujarat, India, Gujarat. Contact No. 079- 232-48572, Extension 526,

email id:, [email protected], [email protected]

(4) The Tender Document comprises of following documents;

• Section – I, Notice Inviting Tender

• Section – II, Technical Evaluation

• Section – III, Instruction to Bidder

• Section – IV, Scope of work

• Section – V, Condition of Contract

• Annexure – 1 to

(5) The Bidders should submitted their online submission on the portal https://tender.nprocure.com .

(6) GMRC reserves the right to accept or reject any or all proposals without assigning any reasons.

No tenderer shall have any cause of action or claim against the GMRC for rejection of his proposal.

(7) The Empanelment does not guarantee award of work. The work order will be issued based on

requirements. GMRC reserves the right to allocate, reduce, or cancel assignments.

(8) If any Scheduled event(s) of tender activity falls on public holiday, then the same will be conducted

on the next working day at the same mentioned time. Our Contact person for this tender is GM

(Contract.) with mail-ID [email protected]

[email protected] Telephone +91 79 23248572, Extension 526,

Help Desk Link for E-Tendering: -

In case bidders need any clarifications or if training required to participate in online tenders,

they can contact (n) Procure Support team:-

(n)Code Solutions - Division of GNFC Ltd.,

(n)Procure Cell, 304, GNFC Infotower, S.G. Road

Bodakdev, Ahmedabad - 380054 (Gujarat)

Toll Free : 7359 021 663 Email: [email protected]

(9) Operating System & System Requirements:-

Computer: Win 8.1 or higher,

Java Runtime Environment (JRE) : Ver 1.8 and above

Full Administrative Rights: For Network/ Corporate User

PKI Component: 32 Bit /64 Bit

Supported Browser: Google Chrome/ Microsoft Edge/ Mozilla Firefox (Preferably Latest

Internet Connection: Preferably High Speed ,Digital Signature Certificate Legally valid class

New DSC Purchase & Renewal L: 079 – 66743289/ 66743300 /

Email Id : [email protected]

[email protected]

DSC Support Toll Free Number: 7359-021-663

(n) Procure Bidding Manuals: https://tender.nprocure.com/support

Signature & Stamp of Bidder (Authorised Person from Bidder)

Empanelment of Valuers for Property Valuation Work GMRC

Section – II, TECHNICAL EVALUATION CRITERIA

(A) Bidder’s online submissions and Evaluation

(i) The bidder who eligible in minimum conditions of eligibility Applicant (Section-I) will be

considered for further evaluation in accordance with the Technical Evaluation Criteria

(Section-II) specified in this section.

(ii) The Scope of work is primarily related to properties situated within Ahmedabad and its

surrounding areas, preference is given to bidders having prior experience with

Ahmedabad Municipal Corporation (AMC), Ahmedabad Urban Development Authority

(AUDA), Gujarat Metro Rail Corporation Limited (GMRCL). The bidders are expected to

possess adequate knowledge of the local geographical conditions, prevailing land and

revenue records, administrative procedures, applicable Government procedures, and

coordination requirements with the concerned authorities. This is likely to facilitate

smoother execution of the assignment, expedite interactions with the Land Acquisition

Officer (LAO), Revenue Authorities, Roads & Buildings Department (R&B) and other

stakeholder departments, and contribute to the timely and efficient completion of the work.

(B) Technical Scoring / Credentials Criteria

Total Technical Score :

For Individual,proprietorship firms, partnerships firms, companies, corporations, Limited

Liability Partnership firm experience and turnover will be considered for evaluation.

SN Parameter Maximum Marks

1 Professional Credentials (Ref. Table-2)

2 Experience (Ref. Table- 3 & 4)

3 Financial Capacity (Ref. Table-5)

Table-2 Valuer's Educational / Professional qualification criteria (Maximum mark- 20)

SN Educational Qualification of the Team Leader Marks

1 (a) Bachelor’s Degree in Civil Engineering

(b) Insolvency & Bankruptcy Board of India (IBBI) certification.

(c) Government approved valuer

(d) Minimum 3 years’ work experience in the field of Properties

(e) valuation in any Govt. Organisation after the completion of the

2 The Institute of Engineers India OR Chartered Engineer

Signature & Stamp of Bidder (Authorised Person from Bidder)

Empanelment of Valuers for Property Valuation Work GMRC

American Society of Appraisers (ASA) OR

3 Appraisal Institute(AI)-USA

4 Membership of

(C) Practicing Valuers Association of India (PVAI)

(b) Centre for Valuation Studies, Research and Training (CVSRT )

i) Table – 2, SN 1 is the mandatory requirement to fulfil by every agency / tenderer. The Proposed CV

will be summarily rejected if the criteria is not met and marks will be 0(zero). The tenderer will not be

considered for further evaluation.

Table - 3 Existing Empanelment Status i.e currently working with following Govt Organization

and minimum period 1 year from last date of bid submission- (Maximum marks-20)

SN Existing Empanelment Status (i.e. currently working)

minimum period 1 Year from last date of bid submission

1 Ahmedabad Municipal Corporation (AMC) Or AUDA

2 R&B OR GMC OR GUDA

Any Government organization OR

3. Any Gov. Bank

Table- 4 Past Experience – minimum period 1 Year within seven years from last date of bid

submission (Maximum marks-30)

SN Past Empanelment Status (i.e. Previously Worked) – minimum

period 1 years within seven years from last date of bid Marks

Ahmedabad Municipal Corporation (AMC) and AUDA

2 R&B OR GMC OR GUDA OR GMRC

3 Any Government organization OR

Table-5 Financial Capacity – Average Annual Turnover for last 3 Financial Year- (i.e. FY 2023-24,

FY 2024-25 & FY 2025-26) (Maximum marks-30)

SN Qualification Marks

1 Less than INR 20 Lakh

2 More than INR 20 Lakh and up to INR 40 Lakh.

2 More than INR 40 Lakh and up to INR 60 Lakh

3 More than INR 60 Lakh

i) Table – 5, SN 1, the tenderer is having less than 20 Lakh. Turnover will not be considered for further

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 10 of

Empanelment of Valuers for Property Valuation Work GMRC

ii) The Financial data for latest last three audited financial years has to be submitted by the tenderer in

Annexure- 2-D along with audited balance sheets.

iii) The financial data in the prescribed format shall be certified by Chartered Accountant with his stamp

bearing his membership number and signature. In case audited balance sheet of the last financial year

is not made available by the bidder, he has to submit an affidavit certifying that ‘the balance sheet has

actually not been audited so far’ in Annexure- 8. In such a case the financial data of previous ‘2’

audited financial years will be taken into consideration for evaluation.

iv) Membership of Professional Bodies It is important that a Valuer actively participates in professional

activities in various professional bodies. It shall be necessary that every empanelled Valuer be a

member of any one of the undermentioned associations namely;

• Institution of Valuers (IOV)

• Institution of Government Approved Valuers (IGAV)

(C) Evaluation and Empanelment for Valuation work:

(i) Bidders securing a minimum of 50 marks out of 100 in the Technical Evaluation shall be

considered qualified. Qualified bidders shall be ranked in descending order based on their

technical scores. Empanelment shall be done starting from the highest-ranked bidder and

thereafter in order of ranking, subject to GMRC's requirements and the number of valuers to

(ii) Based on the Technical Scoring Criteria, the top 10 (Ten) bidders shall be shortlisted and

considered for empanelment for valuation work under the Ahmedabad Metro Rail Project.

(iii) The next 5 (Five) bidders in the ranking may be placed on a waiting list subject to fulfilling

of minimum eligibility criteria.

(iv) If two or more bidders obtain the same score at the cut-off rank (i.e., Rank 10), preference

shall be given to the bidder with the higher Average Annual Turnover.

(v) If an adequate number of bidders do not meet the prescribed criteria, GMRC reserves the

right to relax the eligibility or evaluation criteria, at its discretion, for selection of suitable

agencies for the work.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 11 of

Empanelment of Valuers for Property Valuation Work GMRC

Section – III, INSTRUCTION TO BIDDERS

(1) ONE BID PER BIDDER:

Each bidder shall submit only one tender either by himself/herself as sole. The submission in JV /

Consortium is not allowed.

(2) COST OF BID:

The bidder shall bear all costs associated with the preparation and submission of the bid and GMRC will

in no case, shall be responsible or liable for those costs, regardless of the conduct or outcome of the tender

(3) Submission of Tender

a. The bidder shall submit their tender on-line on e-tendering website (i.e.

https://tender.nprocure.com). Non submission of above submission shall be considered as

non-responsive and liable to be summarily rejected.

b. The bidder should log into the site well in advance for bid submission so that they can

upload the bid in time i.e. on or before the bid submission time. Bidder will be responsible

for any delay due to other issues.

c. Tender fee is to be paid online in GMRC’s account through n procurement portal while

submitting the bid. No other mode of payment will be accepted. The bidder is required to

mentioned the payment reference no. of successfully submission of tender fees online.

d. Tender Security is to be submitted either online through n procurement portal or e-Bank

Guarantee (e-BG) from any schedule bank in India. No other mode of payment will be

e. Tender fees and Tender Security/EMD submitted after due date and time shall not be

accepted and tenders of such tenderers shall liable to be rejected summarily.

f. The technical bid comprises of scan copy of document as mentioned in Clause -12 of

g. The Employer cannot take any cognizance and shall not be responsible for any delay in

submission/ uploading of Tender. The Tenderer shall ensure that they had received

receipt/acknowledgement of their tender submission which is generated by the system

itself on successful submission of tender online

(4) AMENDMENT TO BID DOCUMENT:

At any time, prior to the date of submission of bids, the GMRC Ltd. may for any reason, at its discretion,

whether at its own initiative or in response to a clarification by a prospective bidder, modify the bid

documents by amendments. The amendments/Corrigendum will be notified on GMRC / (n)Procurement

website (i.e. https://tender.nprocure.com) and these amendments will be abiding to the bidders. Bidders

are advised to visit GMRC / (n)Procurement website regularly for updates in this regards.

(5) EXTENSION OF TIME:

In order to give prospective bidders required time to take the amendments into action in preparation of their

bids, GMRC Ltd. may at its discretion extend the timeline for submission of bid suitably.

Bids and all accompanying documents shall be in English as far as possible.

(7) FORM OF BID:

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 12 of

Empanelment of Valuers for Property Valuation Work GMRC

The Form of Bid shall be completed in all respects and duly signed and stamped by an authorized and

empowered representative of the Bidder. If the Bidder is partnership firm/ company, the Form of Bid shall

be duly signed by an authorized representative who must demonstrate authority for the same with an

acceptable documentary proof. Signatures on the Form of Bid shall be witnessed and dated.

(8) CURRENCIES OF BID AND PAYMENT:

The bidder shall submit price bid / offer in Indian Rupees and payment under this contract will be made in

Indian Rupees only.

(9) RIGHTS IN INTELLECTUAL PROPERTY ANDMATERIAL:

All the rights relating to the trademarks, copyrights, intellectual property rights in respect of any

type of work done by the agency on behalf of GMRC and paid for by GMRC shall vest with

(10) RIGHT TO ACCEPT ANY BID AND TO REJECT ANY OR ALL BIDS:

GMRC Ltd. does not bind itself to accept the bidder’s proposal and has the right to cancel the bidding

process and reject all bids or some bids or single bid at any time prior to award of the contract without

assigning any reasons whatsoever and without thereby incurring any liability to the affected bidder/bidders

on the grounds for the company’s action.

(11) Tender Fee and Earnest Money Deposit (EMD)

Tender Fees: - Rs.5,000/- (Rupees: Five Thousand Only) Non refundable

Tender fee is to be paid online in GMRC’s account through n procurement portal while submitting the

bid. No other mode of payment will be accepted. The bidder is required to mentioned the payment

reference no. of successfully submission of tender fees online

Tender Security/EMD of Rs. 1,25,000/- (Rupees: One Lakh Twenty Five Thousand Only) is to be paid

online in GMRC’s account through n procurement portal OR Submit e-Bank Guarantee to be drawn in

favour of “Gujarat Metro Rail Corporation (GMRC) Limited”, payable at Gandhinagar/Ahmedabad. The

validity of e-BG must be for 180 days (120 + 60 days) from the last date of bid submission.

(a) Technical bid without EMD, Tender fees shall be summarily rejected.

(b) EMD of the unsuccessful bidders will be returned to them after Issue of LOA /work order to successful

(c) No interest will be paid to the bidders on EMD submitted.

(d) EMD of the successful bidder shall be returned on receipt of Performance Guarantee

(e) EMD shall be forfeited if the bidder withdraws his bid during the period of Tender validity.

(f) EMD shall be forfeited if the successful bidder refuses or neglects to execute work/contract or fails to

furnish the required Performance Guarantee within the time frame specified by GMRC Ltd.

(12) The Technical Bid should consist of the following documents as per Annexure-6:

a. The Bidder shall submit all relevant documentary evidence/certificates in support of meeting the

Minimum Eligibility Applicant as stipulated in Section-I and Technical scoring at Section -II

b. Signed & stamped copy of PAN card of the Agency/Firm/Company under Income Tax Act. Self

attested one recent passport size photograph(s) of the authorized person(s) of the firm/agency

with name, designation, Office/Residential address and office Telephone numbers, whether the

bidder is a sole proprietor/partnership firm/any other firm and if partnership firm/company, names

addresses and telephone numbers of all Directors/Partners along with Annexure-1.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 13 of

Empanelment of Valuers for Property Valuation Work GMRC

c. Signed & stamped copy of GST registration number/PAN.

d. Proof of Annual turnover of last three financial years as stated in Section-II and Annexure-2D. It

should be supported by audited P&L statement or Balance sheet copy or CA certificate of the

(13) BID OPENING AND EVALUATION:

(a) Ref. Section -I and II for details of evaluation.

(b) The bid of any bidder who has not complied with one or more of the conditions prescribed

in the tender document will be summarily rejected.

(c) Conditional Bids will be summarily rejected.

(d) To assist in the examination, evaluation and comparison the GMRC may ask Tenderers

individually for clarification of their tenders.

(e) It may be noted that Non-submission of Tender fees & Tender Guarantee will liable to reject the

tender submission.

(14) ISSUANCE OF LETTER OF EMPANELMENT AND AWARD OF CONTRACT:

(a) Prior to the expiry of the Bid Validity Period, GMRC will notify the selected empanelled bidders (up to a

maximum of ten (10) valuers) of the acceptance of their bids by issuing a Letter of Empanelment. The

tenure of empanelment will remain valid for a period of three (3) years from the Effective Date of

Empanelment. The period of empanelment can be renewed further up to 02 years considering the amount

work and at discretion of GMRC.

(b) During the validity period of empanelment, GMRC will allocate valuation assignments among the

empanelled agencies, at its sole discretion, with an endeavor to ensure equitable distribution of work.

(c) Upon issuance of the LoA, the selected agency shall furnish a one-time Performance Guarantee of INR

1,00,000/- (Indian Rupees One Lakh Only) within twenty-one (21) days from the date of issuance of the

In case, the successful agency has commenced the work from the date of LoA (Letter of Acceptance) but

fails to submit the Performance Bank Guarantee (PBG) within the stipulated timeline, a penalty of INR

per day shall be imposed, subject to a maximum period of 60 days. If the agency does not submit the PBG

within this extended period, the employer will forfeit the EMD and levy the penalty for non-submission of

Performance Bank Guarantee (PBG). Further, the employer will discontinue the work / service and cancel

the Letter of Award (LoA) issued by GMRC.

(d) The duly accepted Letter of Acceptance signed by the authorized parties (i.e. GMRC & Agency) shall

be treated as Contract Agreement.

(e) In the event that an empanelled agency fails to accept the LoA or refuses to execute the assigned work,

GMRC shall have the right to withdraw the assignment and allocate the same to any other empanelled

agency, without any liability on the part of GMRC.

(f) If an empanelled agency fails to perform satisfactorily or does not complete the assigned work within

the stipulated timelines, GMRC reserves the right to remove the agency from the panel of empanelled

valuers and/or take any other action deemed appropriate under the terms of empanelment.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 14 of

Empanelment of Valuers for Property Valuation Work GMRC

(15) CANCELLATION OF LETTER OF ACCEPTANCE:

Failure of the successful bidder to comply with the requirement of submission of Performance Guarantee

in the form of e-Bank Guarantee / Demand Draft in stipulated time (within 21 days of issuance of LOA)

shall constitute sufficient ground for the cancellation of the acceptance of bid and forfeiture of the EMD.

(16) POST BID CLARIFICATION:

No post bid clarification at the initiative of the bidders shall be entertained. Any effort by the bidders to

influence the GMRC in its bid evaluation, bid comparison or award of the contract shall be resulted into

rejection of the entire bid.

(17) Clarification of Tenders

To assist in the examination, evaluation and comparison of tenders, the Employer may, at his discretion,

ask any tenderer for clarification of his tender, including breakdown of unit rates. The request for

clarification and the response shall be in writing or by facsimile, but no change in the price or substance of

the tender shall be sought, offered or permitted except as required to confirm the correction of arithmetic

errors discovered by the Employer in the evaluation of the tenders.

(18) Fraud and Corrupt Practices

(a) The Applicants and their respective officers, employees, agents and advisers shall observe

the highest standard of ethics during the Selection Process. Notwithstanding anything to the

contrary contained in this Tender/RFP, the GMRC shall reject a Proposal without being liable in

any manner whatsoever to the Applicant, if it determines that the Applicant has, directly or

indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice,

undesirable practice or restrictive practice (collectively the "Prohibited Practices") in the Selection

Process. In such an event, the GMRC shall, without prejudice to its any other rights or remedies,

forfeit and appropriate the Bid Security or Performance Security, as the case may be, as mutually

agreed genuine pre-estimated compensation and damages payable to the GMRC for, inter alia,

time, cost and effort of the GMRC, in regard to the Tender/RFP, including consideration and

evaluation of such Applicant's Proposal.

(b) Without prejudice to the rights of the GMRC under Clause 3 (a) hereinabove and the rights and

remedies which the GMRC may have under the LOA or the Agreement, if an Applicant or

Consultant, as the case may be, is found by the GMRC to have directly or indirectly or through an

agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice,

undesirable practice or restrictive practice during the Selection Process, or after the issue of

the LOA or the execution of the Agreement, such Applicant or Consultant shall not be eligible to

participate in any tender or RFP issued by the GMRC during a period of 2 (two) years from the

date such Applicant or Consultant, as the case may be, is found by the GMRC to have directly or

through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive

practice, undesirable practice or restrictive practice, as the case may be.

(c) For the purposes of this Section, the following terms shall have the meaning hereinafter

respectively assigned to them: "corrupt practice" means (i) the offering, giving, receiving, or

soliciting, directly or indirectly, of anything of value to influence the action of any person connected

with the Selection Process (for avoidance of doubt, offering of employment to or employing or

engaging in any manner whatsoever, directly or indirectly, any official of the GMRC who is or has

been associated in any manner, directly or indirectly with the Selection Process or the LOA or has

dealt with matters concerning the Agreement or arising there from, before or after the execution

thereof, at any time prior to the expiry of one year from the date such official resigns or retires from

or otherwise ceases to be in the service of the GMRC, shall be deemed to constitute influencing

the actions of a person connected with the Selection Process); or (ii) save as provided herein,

engaging in any manner whatsoever, whether during the Selection Process or after the issue of

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 15 of

Empanelment of Valuers for Property Valuation Work GMRC

the LOA or after the execution of the Agreement, as the case may be, any person in respect of

any matter relating to the Project or the LOA or the Agreement, who at any time has been or is a

legal, financial or technical consultant/ adviser of the GMRC in relation to any matter

concerning the Project;

(d) "fraudulent practice" means a misrepresentation or omission of facts or disclosure of

incomplete facts, in order to influence the Selection Process;

(e) "coercive practice" means impairing or harming or threatening to impair or harm, directly or

indirectly, any persons or property to influence any person's participation or action in the Selection

(f) "undesirable practice" means (i) establishing contact with any person connected with or

employed or engaged by the GMRC with the objective of canvassing, lobbying or in any manner

influencing or attempting to influence the Selection Process; or (ii) having a Conflict of Interest;

(g) "restrictive practice" means forming a cartel or arriving at any understanding or arrangement

among Applicants with the objective of restricting or manipulating a full and fair competition in the

Selection Process.

(19) MISCELLANEOUS:

(a) The bidder is expected to examine all the instructions, Forms, Terms and Conditions in the Tender

document. Failure to furnish all information required by the Tender document or submission of a

tender not substantially responsive to the tender document in every respect will be at the bidder's

risk and may result into rejection of the bid.

(b) GMRC may terminate the contract if it is found that the contractor/agency is black listed on

previous occasions by any of the Government Departments/ Institutions/ Local Bodies/

Municipalities/ Public Sector Undertakings, etc. If the work completion certificate submitted by the

bidder contains any negative/adverse remark, in that case the bidder will not qualify for the

technical evaluation and the bid will be summarily rejected. Non submission of satisfactory work

completion certificates will also lead to disqualification for the technical evaluation and the bid will

be summarily rejected. The satisfactory work completion certificate submitted by bidder shall also

include remarks of its respective clients/principal employer about no levying financial penalty or

other major penalty to the bidder during his contract tenure. If any kind of financial penalty or any

other major penalty levied to the bidder by its previous clients/principal employer is found, in such

case the bidder will be disqualified at Technical Bid Evaluation stage.

(c) The bidder shall not make or cause to be made any alteration, erasure or obliteration to the text of

the Tender Document.

(d) The Bidder shall check all the pages of tender document and in the event of discovery of any

discrepancy or missing pages, the bidder shall inform GMRC and shall ensure to get all the details

(e) Bidder, who desire to avail further clarification in any aspect of the mentioned tender may submit

query on clarification at [email protected],

[email protected] within 10 days from the date of issuance of the tender.

The clarifications and amendments, if needed will be issued within 5 days from the last date of

query submission date. Queries after the stipulated time period i.e.10 days from the date of

issuance shall not be considered in any case.

(f) The decision taken by GMRC will be final and abiding to all the bidders in any aspect of the

mentioned tender and the bidder shall have no claim in any form against GMRC Ltd.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 16 of

Empanelment of Valuers for Property Valuation Work GMRC

Section – IV, SCOPE OF WORK

The brief scope of work/ Services of Consultant is as follows:

Scope of Work for property valuation as per enclosed copy (Appendix-IIA) which may be revised as per

the requirement of GMRCL’s official.

1. Coordination with officials’ of NGO, PAFs, GEC, GMRC if required.

2. Valuation report should be submitted by valuer as per format of CBDT index, which is enclosed in

3. Valuation of each property should be done as per Land and Building method.

3.1 Structure/building value required as per below:

a. CPWD Plinth area rate with indexation have to be consider for deriving project affected

structure/building value. Rates, which are not available in CPWD Plinth area rate valuer

may take it from R&B SOR.

b. GMRCL required structure value & Total structure value without depreciation i.e

replacement cost value of structure are mandatory to derive in valuation report for finalise

replacement cost structure value.

3.2 Land value required as per below:

GMRCL required land value and Total area land value has to be derive as per instruction

of GMRCL’s official / as per instruction of Engineer in charge.

4. For Title holder property

• For Titleholder, Property holder name should be as per the property card or as per

the Land document record or both.

• Property Holder’s name shall be verify by the valuer from revenue record.

• Title holder property photograph is mandatory in valuation report.

5. For Non Title holder property

• For, Non Titleholder, Occupier’s & property holder’s name should be clearly

mentioned in valuation report as per the land documents.

• Occupier’s and property holder’s name shall be verify by the valuer from revenue

record/land record and electric bill.

• Non Title holder properties’ photograph is mandatory in valuation report.

6. For Squatter

• For, Non Titleholder, Occupier’s name should be clearly mentioned in valuation

report as per the land documents.

• Occupier’s name shall be verify by the valuer as per collector office and as per

• Non Title holder properties’ photograph is mandatory in valuation report.

• Item wise rate for squatter shall be consider from R&B SOR by valuer and which rate

are not mentioned in R&B SOR, rate may be taken as per valuer’s experience in

valuation report by valuer.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 17 of

Empanelment of Valuers for Property Valuation Work GMRC

To take approval regarding value of structure/building and valuation report from R&B Executive

Engineer by coordinate with R&B department.

Deduction for Exceptions/Penalties:

1. The empanelled Valuer shall perform the assigned work with due diligence, professional

competence, and in accordance with the timelines, instructions, and standards prescribed by

2. In the event of delay in submission of the valuation report beyond the stipulated time, without any

justification accepted by GMRCL, Liquidated Damages at the rate of 0.5% (Zero Point Five Percent)

of the value of the respective Work Order for each week or part thereof of delay, subject to a

maximum of 10% (Ten Percent) of the Work Order value, may be recovered from the payments

due to the Valuer. Such Liquidated Damages shall be treated as a genuine pre-estimate of the loss

likely to be suffered by GMRCL and shall not be construed as a penalty.

3. If the valuation report is found to be incomplete, inaccurate, inconsistent with applicable Acts,

Rules, Government Guidelines, or the Terms of Reference, or requires repeated revisions due to

negligence or lack of due diligence, GMRCL may:

• direct the Valuer to rectify and resubmit the report within the specified time at no additional

• withhold or deduct payment for the concerned assignment until satisfactory compliance;

• recover any financial loss suffered by GMRCL to the extent permissible under the contract;

• issue a written warning.

4. Repeated delays, submission of deficient reports, failure to attend site inspections or meetings,

non-cooperation with GMRCL officials, Land Acquisition Officer, Revenue Authorities, or any act

adversely affecting the timely execution of the project shall be treated as unsatisfactory

5. In case of repeated or serious lapses, GMRCL shall have the right, after giving the Valuer a

reasonable opportunity of being heard, to:

• suspend allocation of further assignments;

• remove the Valuer from the empanelled panel;

• forfeit any Performance Security, if applicable; and/or

• debar the Valuer from future empanelment or participation in GMRCL tenders for such

period as may be decided by GMRCL, without prejudice to any other legal or contractual

remedies available.

6. Any deductions or recoveries under this clause may be made from the payments due to the Valuer

under the concerned Work Order or any other amounts payable by GMRCL.

7. No Liquidated Damages or other deductions shall be levied where the delay is solely

attributable to GMRCL, Force Majeure events, or any other reasons accepted by GMRCL

in writing, in which case a suitable extension of time may be granted.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 18 of

Empanelment of Valuers for Property Valuation Work GMRC

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 19 of

Empanelment of Valuers for Property Valuation Work GMRC

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 20 of

Empanelment of Valuers for Property Valuation Work GMRC

Section – V, CONDITION OF CONTRACT

Engineer means General Consultants to GMRC or any person nominated or appointed from time

to time by the GMRC for the purpose of the said Contract.

2. TERMS OF PAYMENT

Payments shall be made on monthly basis within 15 working days after submission of

comprehensive bills in the succeeding months. The Agency shall submit the bills before 5th of

every month along with below documents duly signed by agency.

Fees of Contract: Valuers’ fees is considered as per CBDT, Under Rule 8C Wealth Tax Act, as per

Note: Valuer's fees derives asper CBDT norms :

[Scale of fees to be charged by a registered valuer for each property.

8C. (1) Subject to the provisions of sub-rules (2) and (3), the fees to be charged by a registered

valuer for valuation of any asset shall not exceed the amount calculated at the following rates,

On the first Rs. 5,00,000 of the asset as valued 1/ 2 per cent of the value;

On the next Rs. 10 lakhs of the asset as valued 1/ 5 per cent of the value;

On the next Rs. 40 lakhs of the asset as valued 1/ 10 per cent of the value;

On the balance of the asset as valued 1 /20 per cent of the value.

(2) Where the amount of fees calculated in accordance with sub-rules (1) is less than Rs.

the registered valuer may charge Rs. 2500 as his fees.

(3) Above fees will consider upto one revision of valuation report (if revision required), after one

revision Rs. 500/-will be paid to valuer for every revision.

(4) Visit charge Rs 1,200 per property will be paid (single time only) by GMRCL to registered

valuer i.e for same property visit charges will not be paid at the time of revision of valuation report.

(The above rate is excluding GST)

(i) No advance payment: GMRCL will not pay any advance payment. Invoice as per GST act is

required to be submitted for Payment. The Payment towards Taxes and Duties will be made at

actuals, based on submission of documentary evidence.

(j) After verification of valuation report by R&B department payment will be made by GMRCL as

(a) 90% of the professional fee shall be released after acceptance of the valuation

report by GMRCL and completion of all observations, clarifications, revisions (if

any), and other obligations under the Work Order

(b) 10% of each bill will be hold as retention money of the specific work awarded by

GMRC and Retention money will be returned after 3 months completion of

valuation of Specific work.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 21 of

Empanelment of Valuers for Property Valuation Work GMRC

(k) If any item in the submission is not complied due to non-compliance, poor quality of work,

the appropriate amount as decided by GMRC management may be deducted in the

payment of the respective invoice.

(l) Any balance amount being left over from the payments being made to consultant may be

adjusted in the final installments if to be paid or for the extension of work, whichever is

necessary, as per the requirements at that time.

(m) The Employer may take or change any decision in payment criteria as and when needed.

(n) Statutory recoveries as per the prevailing provisions of Income Tax, GST, Labour Cess and

any other applicable law will be effected from the Contractor’s payments.

3. Period of Contract:

The contract shall be valid for a period of 36 Months and Which may be vary as per requirement

4. Sub-Contracting

The Agency shall not sub-contract any part or whole contract or any activity mentioned in the

tender/Contract to any sub-contractor

5. Change in Terms and Conditions/Contract

GMRC Limited shall reserve all the rights to make changes in the terms and condition of contract

by a notice in writing to the agency which shall be abiding to the agency and no representation in

the said manner will be allowed/entertained.

6. Taxes and levies

Income tax and any applicable Tax as per rules shall be deducted from each bill. GST will be

reimbursed on submission of documentary proof.

7. Delays and extensions

If the completion of the whole work (or part thereof which is as per Contract required to be

completed earlier) is likely to be delayed on account of:

a) Any Force Majeure event

b) Increase in scope of work

c) Any other event or occurrence, which according to GMRC is not due to the Agency's failure

or fault and beyond his control.

GMRC may grant such extension in the period of completion of the work, as in his opinion is

reasonable without any price escalation.

a. If the Agency fails to perform its duties/functions satisfactorily as directed by GMRC Admin from

time to time. GMRC reserves the right to terminate the contract with agency at any point of time.

In no event shall the agency be entitled to any prospective profits or consequential losses

because of such termination.

b. The Contract shall be considered as terminated in the event of death of the owner of the agency

and their legal heir will not have any right/claim towards the same. However, the legal heirs of

the owner of the agency may continue working as per contract specifications for next three

months. GMRC shall complete process to appoint the new agency during the mentioned period.

c. If Agency does not desire to continue the contract, in such case, it shall give three months’ notice

in advance to the Company and its security deposit shall be seized.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 22 of

Empanelment of Valuers for Property Valuation Work GMRC

d. In addition to the any provision of this contract, GMRC can terminate the contract without

providing any reason to the agency by giving one month notice in advance. No compensation

shall be paid to the agency for the residual period after the cancellation of contract.

e. Failure by the Agency to comply with any statutory requirements and terms and conditions of

this RFP/contract document during the period of contract shall result in to termination of the

contract and subsequent disqualification for participation in any future Tender document by

GMRC. In such a case, the security deposit will also be forfeited.

9. Statutory Compliance with Laws, Regulations and Orders

The Agency shall comply with all applicable Indian Laws, decree, rules and regulations of

government or any authorised agencies of any government in India and maintain valid record for

verification of the statutory authorities as well GMRC Ltd. as and when required.

10. Dispute Resolution

10.1 In the event of dispute or difference arising between GMRC and the Agency, the same shall

be discussed & solved amicably in the first instance.

10.2 Further, in order to expedite the dispute resolution process, the parties may by mutual consent

also resort to the dispute resolution guidelines as laid down by Ministry of Finance, Government of

India vide O.M No No.F. 11212024-PPD dated 03.06.2024 or any other amendment or modification

as carried out in the said O.M from time to time.

11. Applicable Law

The contract and the relationship of the parties hereunder shall be governed by and interpreted in

accordance with the laws of India and parties hereby agree to submit that the court at Ahmedabad

/ Gandhinagar, Gujarat shall have the exclusive jurisdiction to dispute if any arising between the

parties to the Contract.

During the subsistence of contract, the agency may be provided with GMRC’s proprietary

information such as designs/logos/print-outs and other documents, embodying or referring to the

‘confidential information’. It shall be the property of the GMRC and shall be used solely for

assigned purposed and shall be handed over to GMRC upon completion of the Contract. The

agency should not disclose such information to third parties and endeavor to protect it from being

misused by itself as well as third parties. After the completion of the contract the agency shall

cease / desist from further using such confidential information.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 23 of

Empanelment of Valuers for Property Valuation Work GMRC

ANNEXURE – 1, General information of tenderer

1 Name & Address of Firm/Agency

Telephone No. of Owner/Authorized Person of Agency

Proprietorship / Partnership / Pvt. Ltd.

2 Registration No. of the Firm/ Agency

Address (Head Office) of the

3 Agency with Contact Person, telephone no. & Email Id

Name, Designation, Address and Telephone No. of Authorized

4 Person of Firm / Agency to deal with (Dedicated Resource for GMRC

to coordinate with)

5 PAN Card Number issued by Income Tax Department

Details of Tender Fees

b) Instrument No.

c) Date of Issue

d) Name of Issuing Authority

7 Details of EMD

b) Instrument No.

c) Date of Issue

d) Name of Issuing Authority

This is to certify that I/We before signing this tender have read and fully understood all the terms

and conditions contained herein and undertake myself/ourselves to abide by them.

(Signature of the bidder) Name, Designation and Address with seal

1. The bidder is advised to attach necessary copy document with reference to SN 1 to 7 of

Annexure – 1 (i.e. Contact Details).

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 24 of

Empanelment of Valuers for Property Valuation Work GMRC

ANNEXURE – 2, Minimum Eligibility Criteria and Technical Scoring

Annexure-2A- Valuer's Minimum Eligibility Applicant

1.0 Valuer's Educational/ Professional Yes/No If Yes, provide

qualification criteria of Team leader Documentary

attachment page no.

1.1 Bachelor’s Degree in Civil Engineering

1.2 Insolvency & Bankruptcy Board of India (IBBI)

1.3 The Institute of Engineers India / Chartered

1.4 Government approved valuer

2.0 Work Experience Criteria- Minimum 3 years’

work experience in the field of Properties’ valuation

after the completion of the degree.

3.0 Age Criteria - The minimum age for Empanelment

shall be 25 years and maximum age limit is

years for a Valuer to remain on the panel

Note – The bidder should Submit / attach the proof of document along with above format.

Without proof of document the bidder’s will not be considered for evaluation.

ANNEXURE – 2 B, Valuer's Educational / Professional qualification criteria of team leader

(Maximum mark-20)

1.0 Valuer's Educational/ Professional Yes/No If Yes, provide

qualification criteria of team leader Documentary

attachment page no.

1 Institution of Engineers India Or Chartered

2 American Society of Appraisers (ASA)

3 Appraisal Institute (AI), USA

ANNEXURE – 2 C1, Valuer's Existing Empanelment Status i.e currently working with following

Govt Organization. (Team Leader’s experience will be considered) (Maximum mark-30)

Existing Empanelment Status ( i.e currently Yes/No If Yes, provide

working) minimum period 1 year from last date of Documentary evidence

bid submission with reference of

attachment page no.

1 Ahmedabad Municipal Corporation (AMC) Or

2 R&B OR GMC OR GUDA

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 25 of

Empanelment of Valuers for Property Valuation Work GMRC

ANNEXURE – 2 C2, Past Empanelment Status (i.e Previously Worked) – minimum period 1 years

within seven years from last date of bid submission. (Team Leader’s experience will be

(Maximum mark-20)

Past Empanelment Status (i.e Previously Yes/No If Yes, provide

Worked) – minimum period 1 Year within seven Documentary evidence

years from last date of bid submission with reference of

attachment page no.

1 Ahmedabad Municipal Corporation (AMC) and

2 R&B OR GMC OR GUDA OR GMRC

3 Any Government organization OR

ANNEXURE – 2 D Financial Detail – Average Annual Turnover

(Maximum mark-30)

Description FINANCIAL YEARS

Annual Turnover (in

Turnover (in INR)

Name of Charted

Accountant (CA)

Seal & Signature of CA

Membership No. of CA

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 26 of

Empanelment of Valuers for Property Valuation Work GMRC

1. The bidder is advised to attach the documentary evidence along with filled Annexures , as

mentioned above.

2. The financial data in above prescribed format, Annexure –2 (D) shall be certified by Chartered

Accountant in original under his signature, stamp, UDI No. and membership number

3. Audited P&L statement and Balance sheet for last Three years i.e 2023-24, 2024-25 & 2025-26.

4. In case audited balance sheet of the last financial year (i.e. 2025 – 26) is not made available by the

bidder/agency, he has to submit an affidavit (Provided in Annexure -8) certifying that ‘the balance

sheet has actually not been audited so far’. In such a case the financial data of previous ‘2’ audited

financial years will be taken into consideration for evaluation.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 27 of

Empanelment of Valuers for Property Valuation Work GMRC

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 28 of

Empanelment of Valuers for Property Valuation Work GMRC

ANNEXURE – 4, Undertaking

(ON NON JUDICIAL STAMP PAPER OF APPROPRIATE VALUE)

Block No. 1, 1st Floor, Karmayogi Bhavan,

Sector-10 A, Gandhinagar – 382

1. I/We hereby agree to abide by all terms and conditions laid down in tender document.

2. This is to certify that I/We before signing this bid have read and fully understood all the terms and

conditions and instructions contained therein and undertake myself/ourselves abide by the said

terms and conditions.

3. I/We abide by the provisions of prevailing the standard rules and any other applicable laws for

providing Property valuation services to your esteemed organization.

4. I/We confirm that we have not been levied financial penalty or any major penalty in the past by any

of our client/principal employer and also declare that our agency doesn’t have any existing litigation,

never blacklisted and terminated by any client in India during last 3 Years.

5. I/We confirm that we, or any of our associate, have not been banned by GMRC/ any other Metro

Organisation (100% owned by Govt.) / Ministry of Housing & Urban Affairs / Order of Ministry of

Commerce, as on the date of tender submission.

6. I/We confirm that we are not involved in any illegal activity and / or has not been charge sheeted for

any criminal act during the last three years. I/ We have never filed any law suits or requested

arbitration with regard to any contract within the last five years. No judgment, claim, arbitration

proceeding or suit pending or outstanding against us or our officers. Bankruptcy was never filed by

us, our subsidiaries or our parent companies. We were never cited by any regulatory agency for a

safety violation in the last five years.

7. I / We hereby solemnly affirm and declared that My / Our firm / Company / Business entity is not

blacklisted / Banned by any Government department / Autonomous Organisation etc. or prosecuted

by any court of law.

8. I/We do hereby undertake that we have not suffered bankruptcy/ insolvency during the last 5 years.

9. It is confirmed and declared that we, or any of our associate, have not been engaged in any

fraudulent and corrupt practice and that no agent, middleman or any intermediary has been, or will

be, engaged to provide any services, or any other items of work related to the award and

performance of this contract and no agency commission or any payment which may be construed

as an agency commission has been or will be, paid and that the tender price will not any such

10. We here by confirm that, we have downloaded / read the complete set of tender documents along

with the set of enclosures hosted on e-tendering portal https://tender.nprocure.com. We confirm that

we have gone through the bid documents for this work placed upto the date of opening of bids on

the e-tendering portal [https://tender.nprocure.com]. We confirm our unconditional acceptance for

the same and have considered for these in the submission of our financial bid.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 29 of

Empanelment of Valuers for Property Valuation Work GMRC

Date : ______________ Name & Signature of Authorised Signatory

1. The above mentioned submission must be in ORIGINAL.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 30 of

Empanelment of Valuers for Property Valuation Work GMRC

ANNEXURE – 5, PERFORMANCE SECURITY (GUARANTEE) BY BANK

Tender No: GMRC/R&R/Empanelment of Valuer/2026

FORM OF BANK GUARANTEE

(To be stamped in accordance with the Stamp Act of the Country of Issuing Bank)

The Managing Director

[Attn: GM (Contract)]

Gujarat Metro Rail Corporation (GMRC) Limited

(SPV of Govt. of Gujarat and Govt. of India)

Block No.1, First Floor, Karmayogi Bhavan, Behind Nirman Bhavan,

Sector 10/A, Gandhinagar: 382010, Gujarat, India

Corporate Identification No (CIN): U60200GJ2010SGC059407

WHEREAS __________ (Name and address of the Agency) (hereinafter called “the Agency”) has

undertaken, in pursuance of LOA No.: _________________________________ for “Tender for

“Empanelment of Valuers for Property Valuation Work for the Ahmedabad Metro Rail Extension

Project ” (hereinafter called “the Contract”)

AND WHEREAS it has been stipulated by the Client in the said Contract that the Agency shall furnish the

Client with a Bank Guarantee from an Indian Scheduled Bank (excluding Cooperative Banks) or from a

scheduled Foreign Bank as defined in Section 2(e) of RBI Act 1934 read with Second Schedule for the

sum specified herein as security its due and faithful performance of its obligations in accordance with the

AND WHEREAS we ________ [Insert name and address of Bank] having registered office at

______________ and having the branch at _________________________(herein after referred to as the

“Bank”), which expression shall unless repugnant to the context of the meaning thereof, include its

successors, administrators, executors and assigns do hereby agree to give the Agency such a Bank

1. We hereby affirm that we are the Guarantor and responsible to the Client, on behalf of the Agency up

to a total of INR _______________/- (Indian Rupees ____________________________ Only), such

sum being payable in the types and proportion of currencies in which the Contract Price is payable

and we hereby unconditionally, irrevocably and without demur undertake to immediately pay at

Gandhinagar / Ahmadabad Branch to the Client, upon its first written demand and without cavil or

argument any sum or sums within the limits of INR _____________/- (Indian Rupees

_______________________________________) as aforesaid without the Client needing to prove or

to show grounds or reasons for its demand for the sum specified therein.

2. The Client shall have full rights whatsoever to encash this Bank Guarantee at any time during the

validity of the guarantee and the Agency shall have no right or claim whatsoever in the matter of

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 31 of

Empanelment of Valuers for Property Valuation Work GMRC

encashment of the Bank Guarantee amount by the Client and any disputes / claim whatsoever in this

regard shall only be settled by means of arbitration as provided for in the Contract and the Client’s

decision as to what amount is due to the Client from the Bank against the guarantee and as to Agency

has committed breach of contract or not, shall be final and binding on the guarantor-Bank and the

Agency shall have no right to interfere with the same and the Bank shall have full rights in terms of the

guarantee to make immediate payments against the Bank Guarantee to the Client without the consent

of the Agency and without referring the matter to the Agency.

3. The Bank further agrees that the Client shall be the sole judge as to whether the Agency is in default

in due and faithful performance of its obligations during the Contract Period under the Contract and its

decision that the Agency is in default shall be final, and binding on the Bank, notwithstanding any

differences between the Client and the Agency, or any dispute between them pending before any

court, tribunal, arbitrators or any other authority or body, or by the discharge of the Agency for any

reason whatsoever.

4. In order to give effect to this Guarantee, the Client shall be entitled to act as if the Bank were the

principal debtor and any change in the constitution of the Agency and/or the Bank, whether by way

their absorption with any other body or corporation or otherwise, shall not in any way or manner affect

the liability or obligation of the Bank under this Guarantee.

5. It shall not be necessary, and the Bank hereby waives any necessity, for the Client to proceed against

the Agency before presenting to the Bank its demand under this Guarantee.

6. The Client shall have the liberty, without affecting in any manner the liability of the Bank under this

Guarantee, to vary at any time, the terms and conditions of the Contract or to extend the time or period

for the compliance with, fulfilment and/or performance of all or any of the obligations of the Agency

contained in the Contract or to postpone for any time, and from time to time, any of the rights and

powers exercisable by the Client against the Agency and either to enforce or forbear from enforcing

any of the terms and conditions contained in the Contract and/or the securities available to the Client,

and the Bank shall not be released from its liability and obligations under these presents by any

exercise by the Client of the liberty with reference to matters aforesaid or by reason of time being given

to the Agency or any other forbearance, indulgence, act or omission on the part of the Client or of any

other matter or thing whatsoever which under any law relating to the sureties and guarantors would

but for this provision have the effect of releasing the Bank from its liability and obligations under this

Guarantee and the Bank hereby waives all of its rights under any such law.

7. This Guarantee is in addition to and not in substitution of any other guarantee or security now or which

may hereafter be held by the Client in respect of or relating to the Contract or for the fulfilment,

compliance and/or performance of all or any of the obligations of the Agency under the Contract.

8. Courts at Ahmedabad/Gandhinagar, Gujarat, India shall have exclusive jurisdiction for contesting legal

cases arising out of encashment of the Guarantee.

9. The Performance Security should be valid up to 06 months after “the date of completion of work”. The

Client will issue the certificate of completion of work. Further, if the date of commissioning / completion

is extended, for whatsoever reason, the Bank Guarantee for Performance shall be suitably extended

at the Agency’s cost in order to meet the validity period as and when required. The pendency of any

dispute or arbitration or other proceedings shall not affect this Guarantee in any manner.

10. The Bank undertakes not to revoke this Guarantee during its currency, except with the previous

express consent of the Client in writing and declares and warrants that it has the power to issue this

Guarantee and the undersigned has full powers to do so on behalf of the Bank.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 32 of

Empanelment of Valuers for Property Valuation Work GMRC

11. Any notice by way of request, demand or otherwise hereunder may be sent by post addressed to the

Bank at its above referred branch, which shall be deemed to have been duly authorized to receive

such notice and to effect payment thereof forthwith, and if sent by post it shall be deemed to have

been given at the time when it ought to have been delivered in due course of post and in proving such

notice, when given by post, it shall be sufficient to prove that the envelope containing the notice was

posted and a certificate signed by an officer of the Client that the envelope was so posted shall be

12. For the avoidance of doubt, the Bank’s liability under this Guarantee shall be restricted to INR

_____________________ (Indian Rupees ***** only). The Bank shall be liable to pay at either

Gandhinagar or Ahmedabad Branch (mention complete Brach Address of Bank in Gandhinagar /

Ahmedabad where guarantee will be payable) the said amount or any part thereof only if the Client

serves a written claim on the Bank in accordance with paragraph 9 hereof, on or before [(indicate

The guarantee is issued by Mr./Ms. ____________ who is/are authorised by the Bank.

SIGNATURE AND SEAL OF THE GUARANTOR ______________________

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 33 of

Empanelment of Valuers for Property Valuation Work GMRC

ANNEXURE – 6, Guidelines for Technical Bid Submission

Below mentioned Documents to be submitted in Technical Bid along with covering page of below

Documents to be Submitted (online)

Tender fees (online) and EMD (Online/e-BG)

Qualification cum Technical Bid

d Signed, stamped & Scan copy of valid Registration Number of Agency

e Signed, stamped & Scan copy of GST registration /PAN number

Proof of Annual turnover of last three financial years (Annexure-2- D)

g supported by audited P&L statement or Balance sheet copy or CA

certificate of the turnover.

Annexure -2 (i.e. Experience Details)

Experience Certificates with summary in tabulated form - List with

documents from the concerned organizations on its letterhead along with

necessary contact details as mentioned in Annexure-2- A to 2- C2

i Annexure-1 (i.e. Contact Details)

j Annexure-4 (i.e. Undertaking) in Original

k Annexure-7 (i.e tender security)

l Annexure-8 (i.e Affidavit for Unaudited Balance Sheet)

Annexure-9 (i.e UNDERTAKING FOR DOWNLOADED/READ THE

COMPLETE SET OF TENDER DOCUMENT)

n Unfilled Signed and Stamped Tender Document

Note- The bidder should upload the documents which should be clearly visible (readable) for

Evaluation. Bidders will sole responsible if uploaded document is not readable or corrupt/ error

Signature & Stamp of Bidder (Authorised Person from Bidder)

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 34 of

Empanelment of Valuers for Property Valuation Work GMRC

FORM OF BANK GUARANTEE FOR TENDER SECURITY / GUARANTEE

To be stamped in accordance with relevant Stamp Act, if any, of the country of issuing bank)

1 In consideration of you, Gujarat Metrorail Corporation (GMRC) Limited, a company

incorporated under the Companies Act, 1956 and having its registered office at Block

No.1, First Floor, Karmayogi Bhavan, Behind Nirman Bhavan, Sector 10/A, Gandhinagar:

382010, Gujarat, India (hereinafter referred to as the “Employer”, which expression shall

unless it be repugnant to the subject or context thereof include its, successors and assigns)

having agreed to receive the Tender of …………………… (a company registered under the

Companies Act, 1956) and having its registered office at ……………………… (and acting

on behalf of its Consortium, wherever applicable) (hereinafter referred to as the

“Tenderer” which expression shall unless it be repugnant to the subject or context thereof

include its/ their executors, administrators, successors and assigns), for Contract

“Empanelment of Valuers for Property Valuation Work for the Ahmedabad Metro Rail

Extension Project ” ”[hereinafter referred to as “the Works”] pursuant to the Tender No:

GMRC/R&R/Empanelment of Valuer/2026, dated issued in respect of

the Works and other related documents including without limitation the draft Contract

Agreement (hereinafter collectively referred to as “Tender Documents”), we-------

------------------------------------------------------------(Name of the Bank) having our registered office at

and one of its branches at (hereinafter referred to as the “Bank”), at the request of the

Tenderer, do, hereby, irrevocably, unconditionally and without reservation guarantee the due

and faithful fulfilment and compliance of the terms and conditions of the Tender Documents by

the said Tenderer and unconditionally and irrevocably undertake to pay forthwith to the

Employer an amount of INR. ***** ( Indian Rupees ***** only) (hereinafter referred to

as the “Tender Security”) as our primary obligation without any demur, reservation, recourse,

contest or protest and without reference to the Tenderer if the Tenderer shall fail to fulfil or

comply with all or any of the terms and conditions contained in the said Tender Documents.

2 Any such written demand made by the Employer stating that the Tenderer is in default of the

due and faithful fulfilment and compliance with the terms and conditions contained in the

Tender Documents shall be final, conclusive and binding on the Bank.

3. We, the Bank, do hereby unconditionally undertake to pay the amounts due and payable

under this Tender Guarantee without any demur, reservation, recourse, contest or protest and

without any reference to the Tenderer or any other person and irrespective of whether the claim

of the Employer is disputed by the Tenderer or not, merely on the first demand from the

Employer stating that the amount claimed is due to the Employer by reason of failure of the

Tenderer to fulfil and comply with the terms and conditions contained in the Tender

Documents including failure of the said Tenderer to keep its Tender open during the Tender

validity period as set forth in the said Tender Documents for any reason whatsoever. Any such

demand made on the Bank shall be conclusive as regards amount due and payable by

the Bank under this Guarantee. However, our liability under this Guarantee shall be restricted

to an amount not exceeding INR. ***** (Indian Rupees ***** only).

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 35 of

Empanelment of Valuers for Property Valuation Work GMRC

4. That this Guarantee commences from the date hereof and shall be irrevocable and remain in

force till: and it should be payable to either Gandhinagar / Ahmedabad branch

office of particular bank.

a. The Tenderer, in case its Tender is accepted by the Employer, executes a formal agreement

after furnishing the Performance Guarantee from a Scheduled Commercial Indian Bank

based in India (excluding Cooperative Banks) or from a scheduled Foreign Bank as defined in

Section 2(e) of RBI Act 1934 read with Second Schedule.

b. Sixty days after the date of validity or the extended date of validity of the Tender, as the case

5 We, the Bank, further agree that the Employer shall be the sole judge to decide as to whether

the Tenderer is in default of due and faithful fulfilment and compliance with the terms and

conditions contained in the Tender Documents including, inter alia, the failure of the Tenderer to

keep its Tender open during the Tender validity period set forth in the said Tender Documents,

and the decision of the Employer that the Tenderer is in default as aforesaid shall be final

and binding on us, not withstanding any differences between the Employer and the Tenderer

or any dispute pending before any Court, Tribunal, Arbitrator or any other Employer.

6 The Tender Security shall not be affected by any change in the constitution or winding up of

the Tenderer or the Bank or any absorption, merger or amalgamation of the Tenderer or the

Bank with any other person.

7 In order to give full effect to this Guarantee, the Employer shall be entitled to treat the Bank

as the principal debtor. The Employer shall have the fullest liberty without affecting in any

way the liability of the Bank under this Guarantee from time to time to vary any of the terms

and conditions contained in the said Tender Documents or to extend time for submission of the

Tenders or the Tender validity period or the period for conveying acceptance of Letter of

Acceptance by the Tenderer or the period for fulfilment and compliance with all or any of the

terms and conditions contained in the said Tender Documents by the said Tenderer or to

postpone for any time and from time to time any of the powers exercisable by it against the

said Tenderer and either to enforce or forbear from enforcing any of the terms and conditions

contained in the said Tender Documents or the securities available to the Employer, and the

Bank shall not be released from its liability under these presents by any exercise by the

Employer of the liberty with reference to the matters aforesaid or by reason of time being

given to the said Tenderer or any other forbearance, act or omission on the part of the Employer

or any indulgence by the Employer to the said Tenderer or by any change in the constitution

of the Employer or its absorption, merger or amalgamation with any other person or any other

matter or thing whatsoever which under the law relating to sureties would but for this provision

have the effect of releasing the Bank from its such liability.

8 Any notice by way of request, demand or otherwise hereunder shall be sufficiently given or

made if addressed to the Bank and sent by courier or by registered mail to the Bank at the

address set forth herein.

9 We undertake to make the payment on receipt of your notice of claim on us addressed to

[name of Bank along with branch address] and delivered at our above branch which shall be

deemed to have been duly authorised to receive the said notice of claim.

10 It shall not be necessary for the Employer to proceed against the said Tenderer before

proceeding against the Bank and the guarantee herein contained shall be enforceable

against the Bank, notwithstanding any other security which the Employer may have obtained

from the said Tenderer or any other person and which shall, at the time when proceedings

are taken against the Bank hereunder, be outstanding or unrealised.

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 36 of

Empanelment of Valuers for Property Valuation Work GMRC

11. We, the Bank, further undertake not to revoke this Guarantee during its currency except with the

previous express consent of the Employer in writing.

12. The Bank declares that it has power to issue this Guarantee and discharge the

obligations contemplated herein, the undersigned is duly authorised and has full power to

execute this Guarantee for and on behalf of the Bank.

13 For the avoidance of doubt, the Bank’s liability under this Guarantee shall be restricted to

INR. *** ------- ( Indian Rupees ***** ---- only). The Bank shall be liable to pay the said

amount or any part thereof only if the Employer serves a written claim on the Bank in

accordance with paragraph 9 hereof, on or before [*** (indicate date falling 60 days after the

Tender Validity Date)].

Signed and Delivered by ………………………. Bank

By the hand of Mr./Ms. …………………….., its ………………….. and authorised official.

(Signature of the Authorised Signatory) (Official Seal)

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 37 of

Empanelment of Valuers for Property Valuation Work GMRC

(Affidavit for Unaudited Balance Sheet)

(On a non-judicial stamp paper of appropriate value)

(To be filled by the bidder* in case their Balance Sheet for F.Y. 2025-2026 has not been audited. If

the Balance sheet for F.Y. 2025-26 has been audited then the bidder need not to fill this form or may

simply write “NOT APPLICABLE”)

I,………………………………………………………….…….. (Name and designation of Authorised signatory)

Company/Firm/Proprietorship/Partnership) hereby confirm that the Balance sheet for Financial year i.e. F.Y.

2025-26 has actually not been audited/ or under finalization so far.

Signature of authorized signatory on behalf of Tenderer

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 38 of

Empanelment of Valuers for Property Valuation Work GMRC

UNDERTAKING FOR DOWNLOADED/READ THE COMPLETE SET OF TENDER DOCUMENT

We here by confirm that, we have downloaded / read the complete set of tender documents

/addendum/corrigendum/clarifications along with the set of enclosures hosted on e-tendering portal

https://tender.nprocure.com We confirm that we have gone through the bid documents, addendums

and clarifications for this work placed up to the date of opening of bids on the e-tendering portal

https://tender.nprocure.com. We confirm our unconditional acceptance for the same and have

considered for these in the submission of our bid.

Stamp & Signature of Authorized Signatory

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 39 of

Empanelment of Valuers for Property Valuation Work GMRC

GMRC Details for Opening of E-Bank Guarantee

Beneficiary Details for Opening of E-Bank Guarantee

Entity Name Gujarat Metro Rail Corporation (GMRC) Limited

Corporate Identification Number (CIN) U60200GJ2010SGC059407

Permanent Account number (PAN) AAGCM3807N

Date of Incorporation 04/02/2010

NeSL Portal User id

[email protected]

Representative Email ID [email protected]

[email protected];

[email protected]

Representative Mobile No.

Local /communication Address with Gujarat Metro Rail Corporation (GMRC) Limited

pin code (A Govt.of India & Govt.of Gujarat Undertaking)

Block-1, First Floor,Karmyogi Bhavan,

Registered Address with pin code Behind Nirman Bhavan,Sector-10A,

Gandhinagar-382010

Particulars Details

Name of the bank STATE BANK OF INDIA

Name of beneficiary Gujarat Metro Rail Corporation

Bank Details Branch GANDHINAGAR, MAIN

Current Account No

IFSC Code SBIN0001355

Tax Deduction and Collection Account

Goods and Services Tax Number (GST) 24AAGCM3807N1ZA

GST Tax Deductor Number 24AAGCM3807N1DJ

Signature & Stamp of Bidder (Authorised Person from Bidder)

GMRC Page 40 of