Contract Bidding Open For Combination Plier Insulated,Heavy Duty Screwdriver insulated,Screwdriver Insulated,Screwdriver Insu in BEED, MAHARASHTRA

The eligibility requirements include being a registered entity, demonstrating prior experience in supplying similar insulated tools, and providing necessary documents such as the OEM Authorization Certificate and Minimum Average Annual Turnover documentation as specified in the tender documentation. Bidders seeking exemption from experience or turnover criteria must submit supporting documentation to justify their eligibility.

Bidders are required to conform to strict technical specifications, ensuring all supplied tools meet safety and quality certifications. Products must align with those detailed in the Bill of Quantities (BoQ), showcasing compliance with relevant industry standards and regulations.

An Earnest Money Deposit (EMD) of ₹25,000 is mandatory at the time of bid submission. The specific payment terms, including stages of payment and conditions for release, can be found in detail within the main tender document. Bid values and timely execution are also key facets of financial evaluation.

Bids will be assessed on a total value-wise evaluation basis, focusing on criteria such as compliance with the BoQ specifications, bidder experience, and the completeness of submitted documentation. Successful bidders will be notified of the results per the outlined procedure in the tender.

Special provisions are designed to support MSEs by allowing exemptions from the experience and turnover criteria, thus facilitating greater participation in the tendering process. Such provisions assist in aligning with the ‘Make in India’ initiative and promoting local content rules for government procurements.