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Rourkela Steel Plant Reconditioning of 1600MM Circular Lifting Magnet Tender Odisha 2025

Bid Publish Date

02-Jan-2026, 10:26 am

Bid End Date

12-Jan-2026, 11:00 am

Location

SUNDARGARH , ODISHA

Progress

Issue02-Jan-2026, 10:26 am
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • Exact monetary indemnity bond: ₹12,14,998.64 for a single 1600MM magnet
  • • Indemnity bond prerequisite before starting reconditioning work
  • • Indemnity and transport: bidder bears to-and-fro transport and repair of any transit damage
  • • GST invoicing in consignee name with GSTIN; upload GST payment screenshot on GeM
  • • LTE-only tender offers; mandatory supplier registration via sailtenders.co.in
  • • Local content declaration required under Atmanirbhar Bharat policy
  • • Delivery quantity can be adjusted by 25% during contract at contracted rates
  • • SMS-II scope: reconditioning of a 1600MM circular lifting magnet

Categories 1

MAGNET

Tender Overview

Organization: Rourkela Steel Plant, Steel Authority of India Limited. Procurement: Reconditioning of a 1600MM circular lifting magnet for SMS-II at the Sundargarh, Odisha facility. Indemnity Bond: Rs. 12,14,998.64 required prior to reconditioning. Delivery scope: to-and-fro transportation by bidder; any transport damage repaired by bidder at no cost. Quantity flexibility: up to 25% increase/decrease at contracted rates. GST handling: bidders must determine GST applicability; invoicing in consignee name with GSTIN; GST portal payment evidence uploaded. Local content: compliance with Aatmanirbhar Bharat policies; local content percentage/placement to be declared.

Technical Specifications & Requirements

  • Product/service: Reconditioning of a 1600MM circular lifting magnet (SMS-II) as per attached scope.
  • Special terms: Indemnity bond of ₹12,14,998.64 for one unit; transport to/from bidder works; any damages repaired free of cost.
  • Compliance: GST invoicing in consignee name with consignee GSTIN; supplier to upload GST GST portal payment screenshot on GeM.
  • Registration: LTE-issued offers only; eligible suppliers to register via www.sailtenders.co.in; local content per GOI policy.
  • Delivery period: not explicitly specified; option clause allows up to 25% quantity variation during contract.

Terms, Conditions & Eligibility

  • Indemnity bond: Rs. 12,14,998.64 required for one magnet prior to removal for reconditioning.
  • Delivery terms: bidder-owned transport; damage/re-warranty of transport by bidder at bidder cost.
  • GST/Invoice: invoice in consignee name with consignee GSTIN; provide GST payment proof screenshot.
  • GST applicability: bidder to determine applicable GST; reimbursement as actuals or as per applicable rate, whichever is lower, subject to quoted GST.
  • Local content: compliance with Atmanirbhar Bharat; declare local content percentage and placement details.
  • Registration: only LTE-issued offers; vendor registration via SAIl portal; follow standard registration process for eligible suppliers.

Key Specifications

  • Product/service names: 1600MM circular lifting magnet (SMS-II) reconditioning

  • Quantity: 1 unit indicated in indemnity bond

  • Indemnity bond: Rs. 12,14,998.64

  • Delivery/transport: supplier-managed to-and-fro transport; post-delivery repairs for damages at bidder cost

  • Standards/Certification: GST compliance; local content per Atmanirbhar Bharat; LTE offer condition

Terms & Conditions

  • Delivery window begins after last delivery order; option clause permits 25% quantity variation

  • GST handling: bidder determines applicability; invoicing in consignee name with GSTIN

  • Indemnity bond of Rs. 12,14,998.64 required before reconditioning work

Important Clauses

Indemnity Bond

Indemnity bond of Rs. 12,14,998.64 required prior to taking magnet for reconditioning.

GST & Invoicing

Invoice must be raised in consignee name with consignee GSTIN; upload GST portal payment screenshot on GeM.

Delivery & Transport

Bidder bears to-and-fro transportation; any transport damage repaired free of cost by bidder.

Bidder Eligibility

  • LTE-issued offers only; supplier must meet LTE eligibility

  • Vendor registration via www.sailtenders.co.in with acceptance of general terms

  • Demonstrated experience in reconditioning large lifting magnets or similar heavy equipment

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Required Documents

1

GST certificate (GSTIN) and PAN card

2

Experience certificates for similar reconditioning of lifting magnets

3

Financial statements demonstrating ability to fund reconditioning

4

Indemnity bond document of Rs. 12,14,998.64 (for one magnet)

5

OEM authorization or vendor registration proof (SAIL portal registration)

6

Technical bid documents indicating scope of work and quality plan

7

GST portal payment receipt screenshots or GST compliance evidence

8

Any prior delivery/completion certificates for related equipment

Frequently Asked Questions

Key insights about ODISHA tender market

How to bid for the magnet reconditioning tender in Sundergarh Odisha 2025?

Bidders must secure LTE approval, register on www.sailtenders.co.in, and submit GSTIN-based invoice readiness. Provide indemnity bond of ₹12,14,998.64, proof of prior magnet reconditioning capability, and OEM authorization if required. Ensure GST applicability is determined and GST payment screenshots are uploaded on GeM.

What documents are required for the magnet reconditioning tender in Odisha?

Submit GST certificate, PAN card, experience certificates for similar work, financial statements, indemnity bond (₹12,14,998.64), OEM authorizations, GeM GST screenshots, and registration proof from www.sailtenders.co.in for eligible supplier status.

What are the key delivery terms for the 1600MM magnet reconditioning?

Delivery is bidder-managed with to-and-fro transport included; any transit damage repaired by the bidder at no extra cost; quantity variation up to 25% at contracted rates during/after signing. Delivery period begins after final order; no fixed date specified in data.

Which GST requirements apply to the magnet reconditioning tender in Odisha?

Bidders must determine GST applicability; reimbursement is either actual GST or quoted rate, whichever is lower. Invoicing must be in the consignee name with GSTIN and upload GST payment screenshots on GeM.

What is the indemnity bond amount for the magnet reconditioning tender in Odisha?

An indemnity bond of ₹12,14,998.64 is required for one 1600MM circular magnet before removal for reconditioning, with bidder responsible for transport and any damage repair costs arising during handling.

What local content requirements apply to this magnet tender in Odisha?

Suppliers must declare local content percentage and placement per Atmanirbhar Bharat policy; comply with GoI guidelines, and provide evidence during submission. Local content declarations influence eligibility and compliance scoring where applicable.

How does the 25% quantity variation clause affect bidding for the magnet?

The purchaser may increase or decrease the quantity by up to 25% at contracted rates; extended delivery time follows the provided formula, with a minimum extension of 30 days if required; original delivery timelines may be adjusted per option.

What is the status of the GeM/LTE process for this magnet tender?

Offers are considered only from LTE-cleared suppliers; registration through the SAIL portal is required; ensure all required documents are ready, including GST proof and indemnity bond, to participate in the reconditioning of the 1600MM magnet.

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