Contract Bidding Open For Wall Clocks as per IS 12510

The eligibility requirements include being a legally registered business entity, capable of providing the specified goods. Companies must also demonstrate past experience in supplying similar products and possess the required certifications that confirm compliance with industry standards.

Participants must submit certifications that align with the technical requirements specified in the tender, particularly certifications under IS 12510. Additionally, financial compliance certifications may be necessary to validate the financial capability of the bidding entity.

The registration process involves registering on the GeM portal and submitting the required tender documents in the prescribed format. It's important to adhere strictly to the tender submission requirements to avoid disqualification.

All documentation must be submitted in PDF format. This includes technical specifications, financial statements, bid proposals, and compliance certificates. Proper formatting ensures that all submitted documents are comprehensible and meet the tender specifications.

The technical specifications for the wall clocks include standards set under IS 12510. Bidders must present detailed product specifications that quantify quality, dimensions, durability, and accuracy.

Bidders must adhere to the quality standards established under IS 12510. This includes using approved materials and ensuring that the final products meet all specifications set forth in the tender documents.

Yes, compliance requirements involve adhering to the specifications outlined in the tender documents, including financial stability assessments and technical specifications compliance that verifies that the products meet regulatory standards.

The Earnest Money Deposit (EMD) details are typically outlined in the tender documents. Bidders are required to submit an EMD to ensure commitment to the tender process, which is refunded post-evaluation if the bidder does not win the contract.

After receiving the contract, the successful bidder must provide a performance security which is often a percentage of the contract value. This security guarantees the fulfillment of contract obligations, ensuring supply consistency.

Payment terms are specified within the tender documents, often requiring submission of invoices along with the delivered product and compliance verification documentation prior to payment release.

Price evaluation is conducted based on a total value-wise methodology. This means the examination will focus on the overall pricing structure proposed by bidders to determine the most economical offer.

Documents should be submitted electronically via the GeM portal. All documents must adhere to the specified formats and requirements as outlined in the tender to ensure successful evaluation.

Key timelines will be specified in the tender documents. Bidders should pay careful attention to submission deadlines and evaluation dates to ensure compliance and timely responses.

The evaluation process involves a thorough review of all submitted documents, following the technical specifications and financial proposals, with the final selection made based on the total value-wise assessment of the bids.

Results of the evaluation are typically communicated through official notifications posted on the GeM portal. Bidders are advised to regularly check the portal for updates post-evaluation.

MSEs can benefit from a preferred pricing regime and relaxed eligibility standards, particularly aimed at encouraging their participation in government tenders and enhancing their market prospects.

Yes, specific provisions are introduced to support startups as part of the government’s initiative to foster innovation and enterprise development. These provisions allow for simplified eligibility requirements which can encourage competitive participation.