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Contract Bidding Open For BENTONITE in DAKSHINA KANNADA, KARNATAKA

Bid Publish Date

19-Dec-2024, 11:00 am

Bid End Date

09-Jan-2025, 2:00 pm

EMD

₹4,72,000

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Progress

Issue19-Dec-2024, 11:00 am
Technical01-Mar-2025, 7:03 pm
AwardCompleted
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Quantity

4200

Categories 3

Kiocl Limited announces a tender for BENTONITE in DAKSHINA KANNADA, KARNATAKA. Quantity: 4200. Submission Deadline: 09-01-2025 14: 00: 00. Last date to apply is approaching fast!

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

BENTONITE

Authority Records

MINISTRY OF STEELKUDREMUKH IRON ORE COMPANY

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Documents 4

GeM-Bidding-7169301.pdf

Main Document

Download

Referenced Document

Buyer Organization specific Integrity Pact shall have to be complied by all bidders. Bidders shall have to upload scanned copy of signed integrity pact as per Buyer organizations policy along with bid. Click here

Referenced Document

attached categories, trials are allowed as per approved procurement policy of the buyer nodal Ministries)

Referenced Document

Required Documents

1

Experience Criteria

2

Past Performance

3

Bidder Turnover *In case any bidder is seeking exemption from Experience / Turnover Criteria

4

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

1 Update
#1

Update

03-Jan-2025

Extended Deadline

16-Jan-2025, 2:00 pm

Opening Date

16-Jan-2025, 2:30 pm

Technical Results

S.No Seller Item Date Status
1
ASHAPURA INTERNATIONAL LIMITED   Under PMA
Make : Bentonite Lumps as Per KIOCL Specifications Model : Bentonite Lumps Title : BENTONITE03-01-2025 19:03:28
2
L P IMPEX   Under PMA
Make : Tera Bond Model : NA Title : BENTONITE16-01-2025 13:10:51
3
SHIVAM MINERALS AND ALLIED INDUSTRIES PRIVATE LIMITED   Under PMA
Make : BENITE Model : BENITE SF3 Title : BENTONITE09-01-2025 12:09:35
4
TRISHUL INDUSTRIES   Under PMA
Make : Trishul Industries Model : Trigel Title : BENTONITE09-01-2025 12:56:09

Reverse Auction Results Final Prices

These are the final prices after the reverse auction event. Prices may be lower than initial bids.

Rank Seller Final Price Item
L1ASHAPURA INTERNATIONAL LIMITED(MII)   Under PMA Winner ₹2,58,21,600Item Categories : BENTONITE
L2TRISHUL INDUSTRIES (MSE,MII)   Under PMA₹2,58,51,000Item Categories : BENTONITE
L3SHIVAM MINERALS AND ALLIED INDUSTRIES PRIVATE LIMITED (MSE,MII)   Under PMA₹2,58,80,400Item Categories : BENTONITE

🎉 L1 Winner

ASHAPURA INTERNATIONAL LIMITED(MII)   Under PMA

Final Price: ₹2,58,21,600

Frequently Asked Questions

Key insights about KARNATAKA tender market

FAQs

Details are provided in the tender document.

1. What are the eligibility criteria for bidding in this tender?

To be eligible, bidders must have at least 1 year of relevant experience and an average annual turnover of 67 lakhs over the past three years. MSE and Startup exemptions are applicable.

2. What documents are required for submission?

Bidders need to submit experience documents, financial records (audited financial statements), quality certifications, and any exemptions related to MSE or startup eligibility.

3. How much is the Earnest Money Deposit (EMD)?

The EMD required for this tender is ₹472,000, payable to KIOCL Limited. Exemptions are available for registered MSEs.

4. What are the technical specifications required for Bentonite?

The Bentonite supplied must conform to IS 6186 standards. Additional documentation includes a Material Test Certificate.

5. What is the evaluation process for bids?

Bids are evaluated on total value, past performance, and compliance with technical specifications, followed by a reverse auction among qualified suppliers.

6. How long is the offer valid?

The offers submitted must remain valid for 90 days from the bid end date of 09-01-2025.

7. What happens if the bid is rejected?

Bids may be rejected if they do not meet the eligibility criteria, fail to provide required documents, or do not comply with technical specifications.

8. How will the performance security be calculated?

A performance security of 5% of the contract value must be provided by the winning bidders, valid for 6 months.

9. Are MSEs given any special benefits when bidding?

Yes, MSEs are exempt from several criteria including experience and turnover if they meet quality standards.

10. How is local content treated in this tender?

A minimum local content of 50% is required for Class 1 suppliers and 20% for Class 2 suppliers to qualify for purchase preferences.

11. Is there a reverse auction process?

Yes, reverse auctions will be conducted among all technically qualified bidders, except for the highest-priced bidder.

12. Where do I need to submit my bid?

Bids must be submitted electronically through the GeM portal along with all necessary supporting documents.

13. What happens if there is a discrepancy in submitted documents?

Any unexplained mismatches in technical parameters may result in bid rejection.

14. How can I verify if a company is registered with KIOCL?

You can check the official registration list or contact KIOCL for confirmation regarding vendor registration.

15. Who can I contact for questions related to the tender?

For queries, refer to the official site or download the documents from the provided links to get detailed contact points.