Installation of Four New Passenger Elevators at IIM Mumbai with Buy-back and Dismantling

The Indian Institute of Management Mumbai, a Central Government Ministry/Department, is inviting open tenders for the comprehensive Design, Supply, Installation, Testing, and Commissioning of four (04) Passenger Elevators, including a buy-back option for existing elevator assemblies, dismantling, removal, and necessary repairs or modifications. This critical infrastructure upgrade project, with an estimated tender value of ₹2,00,05,519 and a work period of 180 days, is managed by the Chief Administrative Officer (CAO). The tender requires a two-cover bid submission process, with Cover 1 for Technical/Pre-qualification/Fee and Cover 2 for Finance. A fixed Earnest Money Deposit (EMD) of ₹4,00,100 is mandatory, with options for exemption through BG/ST. The tender fee is ₹5,900. Interested bidders must download tender documents between October 6, 2026, 05:00 PM and October 16, 2026, 05:00 PM, with the bid submission closing on October 16, 2026, 05:00 PM. The bid opening will take place on October 17, 2026, 05:00 PM at IIM Mumbai. The contract will be based on an Item Rate form of contract, and bidders must adhere to the tender document for eligibility criteria, payment modes (Offline via R-T-G-S or NEFT), and bid validity of 120 days. For further details, please refer to the e-published tender documents.