Open Tender for VALVE SEAT, PART NO. 37074739 SUITABLE FOR INLET VALVE ASSEMBLY OF INGERSOLL RAND MAKE RECIPROCATIN in BHANDARA, MAHARASHTRA

The eligibility requirements for participating in this tender include being a registered entity with relevant certifications for the supply of parts compatible with Ingersoll Rand equipment. Additionally, a history of successful deliveries in similar contracts may be evaluated to ensure reliability. Documents proving financial standing and technical capability are also typically required to demonstrate comprehensive compliance.

Each item listed in the tender must meet specific technical specifications to assure compatibility and performance benchmarks suitable for the Ingersoll Rand make reciprocating air compressors. This may include compliance with dimensions, materials, and operational standards prescribed in the tender documentation. Suppliers should provide detailed product information that illustrates compliance with these required standards.

Bidders must include a performance security as part of their submission, which serves to guarantee the successful execution of the contract upon award. The security typically represents a percentage of the total bid value and must be in a format accepted by the contracting authority. This security ensures that the bidder adheres to delivery timelines and quality benchmarks specified in the agreement.

The payment terms will be defined in the final contract upon successful bid evaluation and acceptance. Typically, these terms will outline the structure of payments linked to milestones such as delivery and acceptance of the supplied components, ensuring a clear understanding of financial exchanges throughout the contract period.

Yes, the tender includes specific benefits for Micro, Small, and Medium Enterprises (MSEs) and startups. This initiative encourages their participation by providing them access to market opportunities and potentially relaxed criteria for evaluation. Compliance with the 'Make in India' policy and local procurement directives may also be taken into consideration during the evaluation, encouraging local enterprise engagement in defense procurement.