GeM Tender for appointment of a Registered Valuer for valuation of SCI/SCILAL’s assets (Other than Ships) for the purpose of fixing sum insured in relation to Renewal of Several General Insurance Covers.

Last date of submission of tender
15.11.2024

Organisation Name

The Shipping Corporation of India Ltd

Organisation Type

Public Sector Unit

Tender Ref. No

GEM/2024/B/5492996

Product Category	Service
Sub Category	Valuation
Tender Value INR if not mentioned	140000 /-
EMD INR if not mentioned	Nil
Document Cost INR if not mentioned	Nil
Tender Type	Two Bid Open Tender
Location	Mumbai
Type of Bidding	Two Bid Open Tender on GeM Portal
Sector	Insurance
For Further Information Contact

First Announcement Date	10-October-2024	16:00:00
Last Date of Document Collection	15-November-2024	16:00:00
Last date for Submission	15-November-2024	17:00:00
Opening Date	18-November-2024	12:00:00
PreBid Meet Date
Work Description	Pre-Qualification
The broad scope of work for the Registered Valuer is to carry out the valuation of all assets of SCI/SCILAL (other than ships) for the purpose of fixing sum insured in relation to renewal of several General Insurance Covers.	1. The valuer must be registered with “The Insolvency and Bankruptcy Board of India (IBBI) as registered valuers – individuals or registered valuers – Entities. In case of Partnership Entity or Company, three or all the partners or Directors, whichever is lower, as the case may be, should be a registered valuer- Individual with IBBI. Minimum one Partner or Director should be a registered valuer – individual with IBBI for the asset class “Land & Building” or “Plant and Machinery”. 2. The valuer must have minimum two years of experience in last Five years for carrying out valuation of assets for insurance purposes and have registration as a registered valuer under section 34 AB of wealth tax act issued by Income Tax Dept. 3. The valuer must have a local office / representative office / Associate(s) at Mumbai, Delhi, Kolkata, and Chennai to carry out valuation activities at these places and their adjacent places (viz: Haldia for Kolkata). 4. The tenderer must have positive net worth on the basis of the audited Balance Sheet / P&L A/c as on 31st March 2024 submitted with the tender.

Name	AVINASH BADHE
Email	ar.badhe@sci.co.in
Phone Office	02222772407

Address	The Shipping Corporation of India Ltd., Shipping House, 245, Madame Cama Road, Nariman Point, Mumbai - 400021
City	Mumbai

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