Indian Institute Of Technology Tender

Work Description - Providing Services Of Remittance Of Money In Foreign Currency To Banks And Others All Over The World On Various Import And Non Import Bills

The Indian Institute of Technology Guwahati (IIT Guwahati), under the authority of the Joint Registrar, Finance and Accounts, invites open tenders for the provision of foreign currency remittance services (Tender ID: 2024_IITGW_777624_1; Reference Number: IITG/FnA/EOI/Forex/24-25/01). This tender, valued at ₹50,00,000, requires services for remitting money in foreign currency to banks and other entities globally for import and non-import bills. The tender document, available for download from November 7th, 2024, at 6:30 PM to November 27th, 2024, at 3:00 PM, necessitates a ₹5,000 non-refundable fee (exemption allowed). Bid submission opens November 15th, 2024, at 9:00 AM and closes November 27th, 2024, at 3:00 PM. Bid opening is scheduled for November 28th, 2024, at 3:00 PM at the Conference room, Stores and Purchase Section IITG. The contract period is 730 days. Interested bidders must submit two covers: a technical bid (.pdf) and a financial bid (.xls). Payment options include Bank Guarantee, Demand Draft, and FDR. No EMD is required. Further details are available in the tender documents.