CHENNAI (Metro Rail News): Chennai Metro Rail Limited has issued a tender inviting digital bids for consultancy services for various projects related to feasibility, transaction advisory services, and market study, including bid process management services for built-up spaces in Chennai Metro Rail Stations and for CMRL land parcels. The consultancy firms will be empanelled for a period of two years, with a contract duration of 120 days. The bid submission start date was February 15, 2023, and the end date is March 15, 2023. The bid opening date is scheduled for March 16, 2023.
The objective of the consultancy services is to help CMRL generate revenue from commercial development and tap the unutilized potential of its assets for non-fare revenue generation. The scope of work for the consultant includes conducting feasibility studies, market assessments, financial analysis end-to-end transaction advisory services for retail spaces and land parcels, and bid process management. The consultant is also expected to appraise CMRL with new project proposals, carry out project structuring and financial analysis, and prepare suitable documentation for successful outcomes.
The tender is open to all eligible consultants who must register themselves on the e-procurement portal with a valid class II/III Digital Signature Certificate (DSC) issued by any agency authorized by the Controller of Certifying Authority (CCA), Govt. of India with their profile.
The consultant is required to submit soft copies of their bids/proposals electronically on the CPP Portal using a valid Digital Signature Certificate. To prevent misuse, consultants should ensure that only one valid DSC (Digital Signature Certificate) is registered under their name, and they should not lend their DSC to anyone else. The procurement of goods and services of CMRL is done through e-procurement to ensure free and fair consultant participation and greater transparency in procurement.
