Contract Bidding Open For PLUG VALVES for NTPC LARA TPP STAGE-II 2x800MW project in Raigarh, CHHATTISGARH

The eligibility requirements include being a registered entity in accordance with local regulations and having relevant experience in manufacturing and supplying industrial plug valves. Companies must also possess necessary certifications that demonstrate compliance with industry standards. Additionally, bidders must show financial stability to handle the project’s scope effectively.

Bidders must provide various certificates, including a quality assurance certificate (ISO certified), registration documents proving legal entity status, and any other relevant industry certifications that verify experience in similar projects. These documents ensure that the participating entities meet the necessary compliance requirements.

The submission process involves online submission through the specified portal, where bidders must upload all required documents in the accepted formats outlined in the tender documentation. It is crucial for bidders to ensure that all files meet the technical specifications and are entirely filled out before submission to avoid disqualification.

The payment terms will typically be outlined in the tender documents and may include milestone-based payments corresponding to project phases. A performance security may be required to guarantee the successful execution of the contract, usually in the form of a bank guarantee or fixed deposit, which would ensure compliance with tender conditions.

The tender includes provisions that specifically encourage participation from Micro, Small and Medium Enterprises (MSEs). These may include reduced eligibility criteria, mentoring for submitting bids, and potential financial support for fulfilling contract obligations. This initiative aligns with the governmental effort to boost local manufacturing under the 'Make in India' program, fostering a supportive environment for startups and small businesses in significant public procurement projects.