Procurement Opportunity: PARTS KIT HYDRAULIC PUMP,BRAKE MASTER CYLINDER ASSY,RELEASE BEARING,VALVE RELAY AIR PRESSURE RELAY in BATHINDA, PUNJAB

The eligibility requirements include being a registered entity, licensed to supply specialized components for military applications. Bidders must demonstrate relevant experience in supplying similar products to governmental institutions and maintain compliance with applicable laws and standards.

The supplied components must adhere to high quality standards outlined in the tender documents. Vendors should provide documentation proving compliance with international manufacturing specifications and safety regulations, ensuring that all parts perform optimally in their intended applications.

Bidders must submit several required certificates, including a company registration certificate, compliance documents, and financial statements. These documents validate the bidder’s ability to fulfill the contract requirements and demonstrate financial and operational viability.

The payment terms typically include an initial payment upon contract signing with subsequent payments linked to delivery milestones. Accurate invoicing, along with satisfactory delivery inspections, will determine payment release as per the agreed terms in the contract.

The tender encourages participation from MSEs by offering special provisions such as relaxed eligibility norms, financial incentives, and priority procurement opportunities. This initiative aligns with the government’s goal of fostering a robust ecosystem for startups and small businesses in India.