Credit Rating Services for Jammu & Srinagar Municipal Bonds Issuance

Work Description - Appointment Of Credit Rating Agencies For Providing Credit Rating To Jammu Municipal Corporation And Srinagar Municipal Corporation For The Issuance Of Their Proposed Municipal Bonds

This tender seeks the appointment of qualified Credit Rating Agencies to provide credit ratings for the proposed municipal bonds to be issued by the Jammu Municipal Corporation and the Srinagar Municipal Corporation. The tender, identified by Tender Reference Number eNIT No. 23/JMC/Mech of 2026-27, is an open tender process managed by the State Govt. and UT organization, HAUDD. The work description outlines the core requirement, with a tender value of ₹18,00,000 and an estimated work period of 3650 days. The bid submission period commences on July 24, 2026, at 5:00 PM and concludes on August 13, 2026, at 5:00 PM. Bid opening is scheduled for August 14, 2026, at 2:00 PM. A tender fee of ₹600 is applicable, payable to FA/ Chief Account Officer, JMC, and an Earnest Money Deposit (EMD) of 2.0%, amounting to ₹36,000, is also required, payable to FA/ Chief Account Officer, JMC at Jammu. The tender involves two covers: Cover 1 for Fee/PreQual/Technical documents and Cover 2 for the Financial proposal (BOQ). The pre-bid meeting will take place on August 1, 2026, at 11:30 AM at the Office of Executive Engineer (Mech), 2nd Floor, Municipal Corporation, Town Hall, Jammu. The tender documents can be downloaded from July 24, 2026, at 5:00 PM until August 13, 2026, at 5:00 PM.