In-depth Audit of Bank Guarantees.
Tender Description
In-depth Audit of Bank Guarantees for Southern Region Airports and Chennai Airport of AAI.
Tender Specifications & Timeline
13 FieldsTotal Bidders
2
Lowest Bid (L1)
₹69,000
Estimated Value (PAC)
₹75,000
Margin vs Estimate
-8.00%
L1 to L2 Spread
+334.78%
Completion Period
30 days
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | G Natesan and Co#361127 | ₹69,000 | 0.0% (L1) | -8.00% | Accepted-Finance |
| L2 | Rao and Emmar#364523 | ₹3.00 L | +334.78% | — | Accepted-Finance |
This airports tender covers in-depth Audit of Bank Guarantees., issued by Airports Authority of India under reference AAI/RHQ-SR/2021/BG-Audit/01. This work is part of the development of Chennai Airport — government tender titles use official department terminology rather than the common name. The estimated contract value is ₹0.01 Cr, and the tender is currently Expired. Under financial bid evaluation, G Natesan and Co emerged as the lowest (L1) bidder with a quoted bid amount of ₹69,000.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in Chennai. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Tender Documents
Download official tender documents, technical specifications, schedules, and BOQ files
technical_106120.pdf
techsummary_106120.pdf
BOQ Comparative Chart
finsummary_106120.pdf
Found OK
Found OK
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
G Natesan and Co #361127 | 15-Dec-2021 02:04 PM | Accepted-Finance Updated: 07-Jan-2022 05:41 PM | 69,000.00 | L1 | Found OK |
Rao and Emmar #364523 | 25-Dec-2021 03:03 PM | Accepted-Finance Updated: 07-Jan-2022 05:41 PM | 3,00,000.00 | L2 | Found OK |
Bid Evaluation Details & Logs
technical bid opening
Date: 07-Jan-2022 04:54 PM
Officer: NAGESWARA RAO T
Technical Summary
technical evaluation
Date: 07-Jan-2022 05:00 PM
Officer: NAGESWARA RAO T
finance bid opening
Date: 07-Jan-2022 05:35 PM
Officer: NAGESWARA RAO T
Financial Bid Summary.
finance evaluation
Date: 07-Jan-2022 05:41 PM
Officer: NAGESWARA RAO T
About This Procurement Notice
This central government tender was issued by Airports Authority of India. The estimated contract value is ₹75,000. Bids must be submitted by 04-Jan-2022 03:30 PM.
BiharInfraTales aggregates procurement notices from Bihar eProcurement, GeM portal, and central government tender portals. Data is refreshed every 30 minutes. Always verify details on the official portal before submitting a bid.
Frequently Asked Questions
- QWhat is the status of the tender "In-depth Audit of Bank Guarantees."?
- The current status of this tender is "Expired". The submission deadline is 04-Jan-2022 03:30 PM. This information is sourced from official government procurement portals.
- QWho issued this central government tender?
- This tender was issued by Airports Authority of India. The reference number is AAI/RHQ-SR/2021/BG-Audit/01. It is a central government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹75,000. This is the approximate contract value as disclosed in the official tender document.
- QIs this the Chennai Airport tender?
- Yes — "In-depth Audit of Bank Guarantees." is the official government tender title covering Chennai Airport development works. Government tender titles for this sector use official department terminology rather than the site's common name.
- QWho is the lowest (L1) bidder for this tender?
- Under financial bid evaluation for "In-depth Audit of Bank Guarantees.", G Natesan and Co emerged as the lowest (L1) bidder with a quoted bid amount of ₹69,000. Full bid rankings and vendor comparisons are available on BiharInfraTales.