Five-Year Vehicle Lease: New Toyota Innova Hycross for Maharashtra Electricity Regulatory Commission

Work Description - Request For Proposal For Hiring One New Toyota Innova Hycross &amp#x0d Gx (o) 7 Str At Petrol Vehicle (super White) On Lease Basis &amp#x0d Monthly Rental For 5 Years &amp#x0d (60 Months)

This tender, identified by Tender Reference Number MERC/Admin/2026/002, is issued by the Maharashtra Electricity Regulatory Commission (MERC) for the Request for Proposal to lease one new Toyota Innova Hycross GX (O) 7 STR AT Petrol Vehicle in Super White. The lease agreement will be for a duration of five years (60 months), with a total estimated tender value of ₹25,00,000. The tender process is global, involves two covers (Fee/PreQual/Technical and Finance), and requires a fixed Earnest Money Deposit (EMD) of ₹50,000, with exemption through BG/ST allowed. A tender fee of ₹1,500 (₹1,000 tender fee and ₹500 processing fee) is applicable, payable online. The document download and bid submission period commences on July 24, 2026, at 06:30 PM, with the bid submission deadline on August 17, 2026, at 05:00 PM. The bid opening is scheduled for August 18, 2026, at 05:15 PM. A pre-bid meeting will be held on August 6, 2026, at 11:00 AM at the MERC office, located at World Trade Centre, Centre 1, 11th Floor, Cuffe Parade, Mumbai 400005. Further details regarding the RFP, including specific technical and financial requirements, are available in the tender documents. The tender is for "Goods" within the "Miscellaneous Works" product category.