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GEM

Open Tender for 1.88305072090 BITUMEN VG 10 (80/100) in KORAPUT, ODISHA

Bid Publish Date

29-Apr-2025, 9:44 am

Bid End Date

20-May-2025, 10:00 am

EMD

₹60,000

Location

KORAPUT , ODISHA

Progress

RA
Issue29-Apr-2025, 9:44 am
Reverse AuctionCompleted
Award10-Jul-2025, 12:45 am
Explore all 5 tabs to view complete tender details

Quantity

100

Bid Type

Two Packet Bid

Categories 2

BITUMINOUS MATERIAL DISTRIBUTOR PETROLEUM PRODUCT

A tender has been published for National Aluminium Company Limited, Bhubaneswar 1. 88305072090 BITUMEN VG 10 (80/100) in KORAPUT, ODISHA. Quantity: 100 by. Submission Deadline: 20-05-2025 10: 00: 00. Check eligibility and apply.

Documents 5

GeM-Bidding-7746842.pdf

Main Document

Technical Specification/Buyer Specification Document

TECHNICAL

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

Certificate (Requested in ATC)

2

Additional Doc 1 (Requested in ATC)

3

Compliance of BoQ specification and supporting document *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

Reverse Auction Schedule

Completed

Start

24-Jun-2025, 4:00 pm

End

25-Jun-2025, 4:05 pm

Duration: 25 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Item Date Status
1CTS INDUSTRIES LIMITED   Under PMAMake : VERMA INDUSTRIES Model : Bitumen VG10 Title : 1.88305072090 BITUMEN VG 10 (80/100)19-05-2025 11:33:28Disqualified
2S.M.S.REFUELS   Under PMAMake : S.M.S. HI-BOND Model : S.M.S. HI-BOND Title : 1.88305072090 BITUMEN VG 10 (80/100)10-05-2025 16:32:43Qualified
3TIKI TAR INDUSTRIES (BARODA) LIMITED   Under PMAMake : TIKIPHALT 10 (BITUMEN 80/100) Model : TIKI Title : 1.88305072090 BITUMEN VG 10 (80/100)19-05-2025 17:30:22Qualified
4VERMA INDUSTRIES   Under PMAMake : VERMA INDUSTRIES Model : Bitumen VG10 Title : 1.88305072090 BITUMEN VG 10 (80/100)18-05-2025 01:27:09Qualified

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
L1VERMA INDUSTRIES(MSE,MII)   Under PMA Winner ₹54,70,000Item Categories : 1.88305072090 BITUMEN VG 10 (80/100)
L2S.M.S.REFUELS (MSE,MII)   Under PMA₹54,80,000Item Categories : 1.88305072090 BITUMEN VG 10 (80/100)
L3TIKI TAR INDUSTRIES (BARODA) LIMITED (MII)   Under PMA₹66,00,000Item Categories : 1.88305072090 BITUMEN VG 10 (80/100)

🎉 L1 Winner

VERMA INDUSTRIES(MSE,MII)   Under PMA

Final Price: ₹54,70,000

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about ODISHA tender market

What are the eligibility requirements for BITUMEN VG 10 (80/100) tender?

The eligibility requirements include being a registered entity, compliant with local regulations pertaining to business operations, and showcasing relevant experience in supplying bitumen products similar in scope. Each bidder must also prove adherence to health and safety standards during supply chains.

What technical specifications must be met for BITUMEN VG 10 (80/100)?

All bidders must comply with clearly defined technical specifications including adherence to relevant IS/ASTM standards, submission of detailed product conformations, and assurance of quality during production. Documentation proving these specifications will need to accompany bids to demonstrate readiness and compliance.

How is the Payment Terms structured in the BITUMEN VG 10 (80/100) tender?

The payment terms will be specified in the tender documents, generally outlined to protect both parties. Bidders should prepare for terms that may include advance payments, milestone payments upon delivery, and final payments upon successful acceptance of the products.

How will my submission for BITUMEN VG 10 (80/100) be evaluated?

The evaluation and selection process will consider both technical and financial aspects. Bids will be assessed based on compliance with technical specifications, competitive pricing, and innovative solutions that align with local content and sustainability practices. Notification of results will follow the evaluation concluded.

Are there benefits for Micro, Small, and Medium Enterprises (MSEs) in this tender?

Yes, this tender includes specific benefits for MSEs, aimed at empowering these businesses to participate effectively. This may comprise relaxed qualification standards, additional points during evaluation for local content, and potential financial incentives designed to boost their competitiveness within the bidding framework.