Procurement Opportunity: Hot / Cold Water Dispenser (V2) in PATNA, BIHAR

The eligibility requirements include being a registered legal entity, demonstrating previous experience in supplying and installing similar equipment, showing financial stability through audited financial statements for the last three years, and complying with relevant environmental and safety regulations.

The technical specifications include energy-efficient models capable of dispensing hot and cold water, with capacities that meet industry standards. Additionally, they must meet safety certifications and warranties required by Indian Railways, ensuring operational efficiency and user safety.

The payment terms typically include prior payments based on milestones achieved during the installation, followed by the final payment once the dispensers are fully operational and all compliance checks are satisfied. Bidders should refer to the tender document for detailed terms and conditions.

Micro, Small, and Medium Enterprises (MSEs) are encouraged to apply, with special provisions offering financial assistance, relaxed eligibility criteria, and support under the 'Make in India' initiative. This provides an excellent opportunity for MSEs to compete effectively in the tender process.

The evaluation and selection process involves a thorough assessment of both technical and financial proposals. Bids will be scored based on compliance with the technical specifications, overall cost-effectiveness, and the past performance of the bidders. The evaluation committee will review all submissions for the final selection.