Bid Publish Date
26-Nov-2024, 4:25 pm
Bid End Date
01-Feb-2025, 11:00 am
EMD
₹1,02,711
Location
Progress
Geological Survey Of India (gsi) invites bids for Mines/Minerals Drilling - Surface Drilling; Non-Energy Minerals; Rotary Core Drilling in GANDHI NAGAR, GUJARAT. Quantity: 700. Submission Deadline: 01-02-2025 11: 00: 00. Submit your proposal before the deadline.
Quantity
700
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
50% Lowest Priced Technically Qualified Bidders
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
70
Arbitration Clause
No
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Mines/Minerals Drilling - Surface Drilling; Non-Energy Minerals; Rotary Core Drilling
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
Referenced Document
Extended Deadline
01-Feb-2025, 5:30 am
Opening Date
01-Feb-2025, 6:00 am
Extended Deadline
09-Jan-2025, 12:30 pm
Opening Date
09-Jan-2025, 1:00 pm
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Key insights about GUJARAT tender market
The eligibility requirements include being a registered entity with a minimum of 3 years of past experience in drilling services, alongside a minimum average annual turnover of 70 Lakh for the last three fiscal years. Additionally, Micro, Small, and Medium Enterprises (MSEs) and startups are exempt from the experience criterion, promoting wider participation.
Bidders must adhere to the technical specifications outlined in the main tender document. This includes demonstrating substantial experience and qualifications that align with Mines/Minerals Drilling services and ensuring compliance with safety and environmental regulations.
Interested bidders must submit certificates that affirm their capabilities in the area of Surface Drilling, along with documentation proving their financial turnover and experience in relevant fields as specified by the tender.
Potential bidders need to register under the relevant industrial section of the GeM portal and submit supporting documents per the requirements set forth in the tender documentation available in the provided links.
Documents must be submitted in standard formats such as PDF and other formats specified in the main tender document. Clear instructions regarding acceptable formats will be detailed in the information package for bidders.
Yes, bidders must ensure compliance with safety and environmental standards along with any other criteria outlined in the tender documentation. This includes adherence to Make in India policies and local procurement rules.
An Earnest Money Deposit (EMD) of 102,711 is required. This deposit acts as a security measure to confirm the bidder's intent to participate seriously in the tender process.
Details regarding performance security requirements will be outlined in the contract awarded post-evaluation. Typically, this includes financial guarantees ensuring the fulfillment of contract obligations.
Payment terms will be specified in the procurement agreement post-award. Typically, terms may involve milestone payments based on project completion stages, in line with industry practices.
Evaluation will follow a total value-wise evaluation method, considering both the monetary offer and technical qualifications of the bidders. Only the 50% Lowest Priced Technically Qualified Bidders will proceed to final evaluation stages.
Submissions are to be made through the GeM portal, utilizing the two-packet bid system as outlined. Bidders must ensure that all documentation is complete and adheres to the specified requirements.
Key timelines, including submission deadlines and technical clarification periods, will be outlined in the tender documentation provided. Bidders are advised to review these details thoroughly.
Bidders will receive official notifications via the GeM portal regarding the results of the evaluation and selection process. Communication will follow professional channels established during the bidding period.
MSEs enjoy provisions that exempt them from stringent experience demands, allowing more approachable participation. These incentives are aimed at fostering growth and inclusivity within the bidding landscape.
Startups are afforded similar benefits as MSEs, allowing them exemptions from certain experience requirements providing they meet other criteria. This encourages innovation and participation from emerging enterprises.
This tender emphasizes compliance with Make in India provisions, which advocate for local industry participation, aiming at bolstering domestic production and procurement within the mining and drilling sectors.