Government Tender Published for Barite 4.1 (ONGC)

The eligibility requirements for participating in this tender include being a registered entity, possessing a valid registration certificate, and demonstrating prior experience in the supply of similar products. Bidders must also comply with relevant industry standards and provide proof of financial stability, ensuring they can meet procurement demands without constraint.

The technical specifications for Barite 4.1 include specific chemical composition, particle size distribution, and other quality assurance parameters as specified in the tender document. Bidders should ensure their products align with these specifications to guarantee fitness for drilling applications in petroleum exploration.

Bidders are required to submit an Earnest Money Deposit (EMD) as part of their proposal to participate in this tender. This deposit acts as a security to ensure seriousness in bidding and compliance with the tender terms. The EMD amount and submission process will be outlined in detail within the tender documentation.

The evaluation and selection process will include an initial compliance check followed by a detailed assessment of technical proposals and pricing. Bidders will be evaluated on their ability to meet tender specifications, pricing competitiveness, and overall responsiveness to the tender criteria. The established evaluation committee will oversee this process to maintain integrity and transparency.

Micro, Small, and Medium Enterprises (MSEs) may benefit from preferential provisions within this tender to enhance their participation. Such provisions are designed to encourage local entrepreneurship and provide equitable opportunities for smaller businesses in the competitive procurement environment, in alignment with national initiatives promoting MSE participation.