A tender for digital bids to provide consultancy services for various projects related to feasibility, transaction advisory services, and market study has been issued by Chennai Metro Rail Limited. These services include bid process management services for built-up spaces in Chennai Metro Rail Stations and for CMRL land parcels. The consulting firms will be employed for a period of two years, with a 120-day contract. The deadline for submitting bids is March 15, 2023. The deadline for submitting bids was February 15, 2023. The deadline for submitting bids is March 16, 2023.

The consultancy services are provided with the intention of assisting CMRL in generating revenue from commercial development and utilizing the untapped potential of its assets for the generation of non-fare revenue. The consultant is responsible for conducting feasibility studies, market assessments, financial analyses, complete transaction advisory services for retail spaces and land parcels, and bid process management as part of their scope of work. In addition, the consultant is expected to evaluate CMRL with brand-new project proposals, conduct a financial and project structure analysis, and prepare appropriate documentation for successful outcomes.

All qualified consultants are eligible to participate in the tender. To do so, they will need to sign up on the e-procurement portal and provide a valid class II/III Digital Signature Certificate (DSC) from any organization authorized by the Controller of Certifying Authority (CCA), Government. of India, including their profile.

Using a valid Digital Signature Certificate, the consultant must electronically submit soft copies of their bids and proposals via the CPP Portal. Consultants should make sure that only one valid DSC (Digital Signature Certificate) is registered under their name and should never lend their DSC to anyone else in order to prevent misuse. CMRL uses e-procurement to buy goods and services to make sure consultants can participate freely and fairly and to make procurement more transparent.