RITES Ltd. has been declared the lowest (L1) bidder in the financial bid for a QCBS tender issued by the Gujarat Urban Development Company (GUDC). The tender pertains to the appointment of a Third-Party Inspection (TPI) agency for Water Supply Schemes (WSS), Underground Drainage (UGD), and Sewage Treatment Plant (STP) projects under AMRUT 2.0 and SJMMSVY for Urban Local Bodies (ULBs) in Gujarat.
The final award of the contract is subject to completion of the due scrutiny and overall evaluation process—including both technical and financial assessments—by GUDC, as outlined in the tender terms. The estimated contract value stands at ?28.50 crore, excluding GST.