biddingprocessoverview

Standard Bidding Document - harmonized version of FIDIC conditions
Single stage two envelope bidding procedure. Composite contracts.
System of multi contract packaging - saves time - ensures participation of small as well as big agencies.
RVNL does not maintain any stores.
RVNL conducts pre-bid meetings in each tender with prospective bidders.
RVNL has dispensed with verification of credentials submitted by bidders by taking Affidavit - provision of forfeiture of bid security, performance security, termination of contract, blacklisting/banning up to a period of 5 years.
Joint Venture Partners in RVNL - responsibility of execution of at least one key activity and they have to meet the credentials for the same key activity to ensure that only experienced and working partners are allowed to participate.
A balance in capability, quality and competition through well-developed tender documents. Reputed firms like L&T, GAMMONS, AFCONS, BBJ, IVRCL, TATA PROJECTS, IRCON, SIEMENS, SIMPLEX INFRASTRUCTURE, KALINDI, NAGARJUNA CONSTRUCTION COMPANY etc. are executing the works. Foreign companies from Spain, Italy, UK, France, Indonesia etc. are also participating in RVNL tenders.
Tender types for Works Contract : Comprehensive, Turn-key, Single/Multiple package, Single/Two-stage.
Tender types for PMC : Two-stage, QCBS.