RITES Ltd. has been declared the lowest (L-1) financial bidder in a tender floated by the Gujarat Urban Development Company Limited (GUDC). The tender pertains to the appointment of a Third-Party Inspection (TPI) agency for overseeing projects related to water supply schemes (WSS), underground drainage (UGD), and sewage treatment plants (STP) under the Amrut 2.0 and SJMMSVY initiatives across various urban local bodies (ULBs) in Gujarat.
The estimated value of the project stands at ₹28.50 crore, excluding applicable GST. The selection was carried out through the Quality and Cost Based Selection (QCBS) method. The award of the contract remains subject to a complete technical and financial evaluation process in accordance with the requirements laid out in the tender documents by GUDC.
The contract, once finalized, will span a duration of 60 months from the date of issuance of the Letter of Award (LOA) or Notice to Proceed (NTP). The engagement will involve extensive oversight and inspection services to ensure compliance and quality across the infrastructure works covered under the specified government schemes.
