Procurement Opportunity: Repair, Maintenance, and Installation of Plant/ Systems/Equipments (Version 2) - Industry Unit; Sl in KANCHIPURAM, TAMIL NADU

The eligibility requirements include being a registered entity that meets specific operational and legal standards. Bidders must possess experience in similar repair and maintenance tasks. They should hold valid operational licenses, demonstrating compliance with local regulations to qualify for participation in this tender.

Bidders need to meet technical specifications including the understanding of insulation types and repair methodologies related to air conditioning and ventilation systems. It's crucial for bidders to demonstrate their technical capabilities and compliance with industry standards to effectively fulfill the project requirements.

The Earnest Money Deposit (EMD) is a prerequisite for bid submission, wherein bidders need to provide a specified amount as a security deposit. The details, including the amount and submission process, are outlined clearly within the tender documents to ensure compliance and commitment from participating bidders.

Payment terms for the project will generally be outlined in the tender documentation. Typically, these include advance payments upon contract signing followed by milestone-based payments linked to project deliverables. Bidders are encouraged to review these terms thoroughly to ensure they align with their financial practices.

Compliance requirements for Micro, Small, and Medium Enterprises (MSEs) and startups include adherence to 'Make in India' policies and local procurement rules ensuring that the work is executed under regulatory frameworks that support local businesses. Startups may benefit from relaxed criteria in certain evaluation areas to foster inclusive participation.