Bids are Invited For Gear Lubricants, Multipurpose (?Extreme?Pressure?Gear?Oil?) (V3) Conforming to IS 1118,Ge in CHENNAI, TAMIL NADU

The eligibility requirements include being a registered entity, possessing a minimum average annual turnover of 12 Lakh (s), and having at least 3 years of relevant past experience supplying gear lubricants. Furthermore, bidders must demonstrate a past performance of 50% on similar contracts to qualify for consideration.

To participate in this tender, bidders must provide various certificates, including OEM authorization, compliance certificates adhering to IS 1118, and any documents requested in the Additional Terms and Conditions (ATC). Additionally, bidders seeking exemption from the experience or turnover criteria must submit supporting documents relevant to their claim.

Payment terms for this tender will be outlined in the contract following the selection of the successful bidder. Typically, payment may be made upon delivery and inspection of the lubricants, ensuring compliance with the specified quality and standards. Any advance payments or milestone payments should be detailed in the final agreement.

Bidders must submit their documents electronically through the designated submission portal specified in the tender announcement. It’s crucial that all submissions are made in the accepted formats as outlined in the tender documentation to ensure compliance and prevent disqualification.

The tender provides specific benefits for MSEs, aimed at increasing their participation in government procurement. This includes relaxed eligibility criteria and financial support measures, ensuring that MSEs have equitable opportunities to compete in the procurement process for supplying gear lubricants. Additionally, there are provisions that encourage compliance with Make in India policies to foster local production and procurement.