Procurement Opportunity: Custom Bid for Services - Annual Rate Contract for Piping, Civil, Structural and other miscellaneou in BEGUSARAI, BIHAR

The eligibility requirements include being a registered entity, demonstrating relevant experience in piping and civil works, and compliance with industry standards. Bidders must have the necessary licenses and certifications to perform the required services and confirm their capacity to fulfill the project demands.

Bidders must comply with stringent technical specifications such as using qualified personnel, ensuring equipment meets industry standards, and adhering to local regulations relevant to the oil and gas sector. The ability to manage multi-disciplinary projects simultaneously is also crucial for successful participations.

The payment terms will typically include structured payment schedules based on milestones achieved during project execution. Bidders should be prepared to provide bank guarantees and must submit detailed cost breakdowns in their tender documentation, as outlined in the tender specifications.

The evaluation and selection process will involve a thorough review of both technical and financial proposals. Bids will be graded based on compliance with specifications, proven track record, and cost effectiveness. The successful bidder will be notified formally once the evaluation is complete.

Yes, this tender has specific benefits for MSEs, including preferential treatment in the evaluation process and potential opportunities for contract awards designed to promote local supply and 'Make in India' initiatives. MSEs are encouraged to participate and showcase their capabilities.