STEEL BAR CARBON HOT ROLLED FLAT 100X6MM,STEEL ANGLE 30X30X3MM,STEEL ANGLE 25X25X5MM,STEEL ANGLE 20
Indian Army
FIROZPUR, PUNJAB
Bid Publish Date
14-Nov-2024, 5:44 pm
Bid End Date
05-Dec-2024, 6:00 pm
EMD
₹12,82,099
Progress
Quantity
247500
Bid Type
Two Packet Bid
Yantra India Limited invites bids for PLAIN CARBON STEEL PARTED INGOT/BILLET OF SIZE 150(+ /- 10MM) X150(+ - 10MM) X100(+ -20MM) PLAIN CARBON S. Quantity: 247500. Submission Deadline: 05-12-2024 18: 00: 00. Submit your proposal before the deadline.
Main Document
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Indian Army
FIROZPUR, PUNJAB
Advanced Weapons And Equipment India Limited
KANPUR NAGAR, UTTAR PRADESH
Indian Army
Bharat Heavy Electricals Limited (bhel)
HARIDWAR, UTTARAKHAND
Indian Army
Tender Results
Loading results...
Bidder Turnover *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Extended Deadline
16-Dec-2024, 9:00 am
Opening Date
16-Dec-2024, 9:30 am
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | INDIA INDUSTRIAL ENTERPRISES(MII) Under PMA Winner | ₹1,73,45,974 | Item Categories : PLAIN CARBON STEEL PARTED INGOT/BILLET OF SIZE 150(+ /- 10MM) X150(+ - 10MM) X100(+ -20MM) PLAIN CA |
| L2 | BANSAL ALLOYS AND METALS PRIVATE LIMITED (MII) Under PMA | ₹2,05,13,136 | Item Categories : PLAIN CARBON STEEL PARTED INGOT/BILLET OF SIZE 150(+ /- 10MM) X150(+ - 10MM) X100(+ -20MM) PLAIN CA |
| L3 | SAARLOHA ADVANCED MATERIALS PRIVATE LIMITED (MII) Under PMA | ₹2,27,44,830 | Item Categories : PLAIN CARBON STEEL PARTED INGOT/BILLET OF SIZE 150(+ /- 10MM) X150(+ - 10MM) X100(+ -20MM) PLAIN CA |
🎉 L1 Winner
INDIA INDUSTRIAL ENTERPRISES(MII) Under PMA
Final Price: ₹1,73,45,974
The eligibility requirements include being a registered entity, meting a minimum average annual turnover of ₹ 85 Lakh, and adherence to the technical specifications in the provided documentation. Supporting documentation is required for any exemptions sought by bidders regarding experience or turnover.
Bidders must submit their registration documents, the Earnest Money Deposit (EMD), and any supporting documents for exemption from experience or turnover, along with test certificates for compliance with the specified materials' requirements.
To register for the tender, bidders need to access the GeM portal, create a registered account, and complete their profile with all necessary information. Following the registration, they can navigate to the specific tender and submit their bids electronically.
Documents must be submitted in PDF format, as specified in the tender documentation. Other formats may not be accepted. Bidders are advised to review submission guidelines thoroughly to ensure compliance.
The technical specifications state that the ingots/billets should comply with specific compositions, including Carbon, Silicon, Manganese, Sulfur, among others, as detailed in the tender documentation. Bidders must ensure that their products conform to these requirements.
Bidders must ensure compliance with industry-standard quality control measures during the manufacturing process of the ingots/billets and include documentation demonstrating adherence to these standards throughout the supply process.
Yes, bidders must comply with all applicable regulations and standards pertinent to the manufacture and supply of steel products. Additionally, they must meet the specific requirements set forth in the tender documentation.
The Earnest Money Deposit (EMD) for this tender is set at ₹ 1,282,099. This amount must be submitted along with the bid to ensure that the bidder is committed to pursuing the tender.
The performance security requirements will be detailed in the contract post award and generally require submission of a security bond, typically a percentage of the total contract value, to ensure compliance with the terms of the tender.
Payment terms will vary, but generally, they will depend on the milestones achieved following the delivery of the materials. Detailed payment terms will be outlined in the final contract agreement.
The price evaluation will consider the total value-wise evaluation method, where the offers will be assessed based on cost-effectiveness alongside compliance with technical requirements and quality standards.
Submissions will undergo a comprehensive evaluation based on several criteria, including the cost of the bid, technical compliance, and the submitted documentation. The bidder with the best value proposition will be selected for awarding the contract.
Notification of results will be communicated to bidders once the evaluation process is complete, typically through the same portal where bids were submitted. Bidders are encouraged to monitor this platform for updates.
Yes, MSEs are provided with certain benefits, including exemptions or relaxations in eligibility criteria, which aim to enhance the participation of smaller businesses in government contracts.
This tender encourages startups to participate, offering favorable evaluation criteria to promote inclusivity and growth within the sector, which may include supportive measures for initial bidders.
This tender aligns with the 'Make in India' initiative by promoting domestic manufacturing and local sourcing of materials, which underlies the objective of boosting local economies and reducing imports.
Local content procurement rules apply, ensuring that a certain threshold of the materials is sourced or manufactured within the country. Bidders are encouraged to comply with guidelines that promote local aspirations and capabilities.
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Main Document
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS