Bid Summary – REC Limited (Ministry of Power)
Bid Number: GEM/2025/B/6512894
Issued by: Rural Electrification Corporation Limited (REC Ltd), Ministry of Power
Office: REC Limited, Gurugram, Haryana
Bid Issue Date: 26.08.2025
Bid Closing Date/Time: 10.09.2025 at 15:00 hrs
Bid Opening Date/Time: 10.09.2025 at 15:30 hrs
Bid Type: Two-packet system (Technical and Financial)
Bid Validity: 180 days from bid closing date
Estimated Bid Value: ₹96,17,128
Scope of Work
Hiring of consultants for Solar Projects as Project Management Agencies (PMA) on milestone/deliverable basis:
Group A
- Solar projects with sanctioned cost up to ₹2000 crore
- Estimated value: ₹34,97,138
Group B
- Solar projects with sanctioned cost between ₹2000 crore and ₹5000 crore
- Estimated value: ₹61,19,990
Consultant Profile Required
- Subject Matter Experts in Project Management and Energy (Oil, Gas, Power, Renewables)
- Hybrid deployment model as defined in the scope of work
Pre-Bid Meeting
Date/Time: 02.09.2025 at 11:00 hrs
Mode: Virtual meeting via Microsoft Teams
Submission of Queries: Through email or GeM portal only, before the pre-bid date
Financial and Security Details
Earnest Money Deposit (EMD):
- Schedule 1: ₹50,000
- Schedule 2: ₹1,00,000
- Exemptions available for MSEs and Startups with valid supporting documents
Performance Bank Guarantee (ePBG):
- 5% of contract value
- Validity: 26 months
Contract Period: 2 years
Eligibility and Exemptions
- Past experience in similar consultancy services is mandatory:
- 3 projects each of at least 40% of estimated cost, or
- 2 projects each of at least 50% of estimated cost, or
- 1 project of at least 80% of estimated cost
- MSE and Startup Exemptions:
- Relaxation in turnover and experience requirements
- Purchase preference as per Government MSME policy
Evaluation Method
- Item-wise evaluation for each schedule separately
- L1 bidder determined schedule-wise
- 100% order quantity may be awarded to an MSE bidder if within L1 + 15% margin
Additional Buyer Conditions
- Option Clause: REC may increase or decrease contract quantity/duration by up to 25%
- Accepted EMD/PBG Instruments: Demand Draft, Banker’s Cheque, or Online Payment through HDFC Bank (REC Limited account)
- Escalation Matrix for Service Support must be provided by the bidder
- Compliance with applicable labour laws and Government’s Make in India policy is mandatory
- Bidders from countries sharing a land border with India must be registered with the competent authority