Visakhapatnam Port Trust Tender

Work Description - Allotment Of Land On Long Term Lease On Annual Lease Rental Basis Of 30 Years On As Is Where Is Basis In Zone - Z 6 Plot 40468.60 Sq.m. Ac. 10.00 Near Toll Plaza For The Purpose Of Empty Container Storage Yard Facility

Visakhapatnam Port Trust (VPT), a Public Sector Undertaking, invites open tenders for the allotment of land on a long-term lease basis. The tender pertains to the allotment of land measuring 40468.60 sq.m. (Ac. 10.00) in Zone - Z 6, located near the toll plaza, for the purpose of developing an empty container storage yard facility. This allotment will be on an "as is where is" basis for a lease period of 30 years, with payment made on an annual lease rental basis. The tender reference number is IENG/Est/Z6 Plot near toll plaza/T/2025 Dt 19-03-2025. Interested parties can download the tender documents starting from March 20, 2025, at 09:00 AM. A pre-bid meeting is scheduled for April 4, 2025, at 11:00 AM at the Chief Engineer's office, 3rd floor, VPA Vizag. Bids must be submitted online between April 10, 2025, and May 7, 2025, until 02:00 PM. The bid opening is scheduled for May 8, 2025, at 03:00 PM. A tender fee of ₹11,800 and an Earnest Money Deposit (EMD) of ₹11,86,000 are required. The tender documents, including the NIT, Sketch, and BOQ, are available for download on the portal. The work must be completed within a period of 10950 days and the bid validity will be 150 days.