Bid Publish Date
10-Dec-2024, 9:25 am
Bid End Date
31-Dec-2024, 10:00 am
EMD
₹8,00,000
Location
Progress
RAPublic procurement opportunity for India Optel Limited TRANSMISSION CHECKING MACHINE in CHANDIGARH, CHANDIGARH. Quantity: 1 issued by. Submission Deadline: 31-12-2024 10: 00: 00. View full details and respond.
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | RESEARCH INDIA Under PMA | Make : Research India Model : RITCM-50-C Title : TRANSMISSION CHECKING MACHINE | 07-01-2025 13:55:38 | |
| 2 | ROCKET SALES CORP Under PMA | Make : OEM Model : LTCVIS400 Title : TRANSMISSION CHECKING MACHINE | 30-12-2024 23:32:41 | |
| 3 | SANDVIC COMPONENTS Under PMA | Make : OEM Model : TCS500-C Title : TRANSMISSION CHECKING MACHINE | 07-01-2025 11:31:12 |
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | RESEARCH INDIA(MSE,MII) Under PMA Winner | ₹2,56,50,000 | Item Categories : TRANSMISSION CHECKING MACHINE |
| L2 | ROCKET SALES CORP (MSE,MII) Under PMA | ₹2,57,25,000 | Item Categories : TRANSMISSION CHECKING MACHINE |
🎉 L1 Winner
RESEARCH INDIA(MSE,MII) Under PMA
Final Price: ₹2,56,50,000
Start
21-Feb-2025, 1:00 pm
End
22-Feb-2025, 1:00 pm
Duration: 24 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
Yes
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
3 Days
Min. Avg. Annual Turnover
26
OEM Avg. Turnover
26
Past Performance
10 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
TRANSMISSION CHECKING MACHINE
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Extended Deadline
07-Jan-2025, 10:30 am
Opening Date
07-Jan-2025, 11:00 am
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Compliance of BoQ specification and supporting document *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 CHANDIGARH tender market
The eligibility requirements include being a registered entity, having a minimum average annual turnover of 26 Lakhs over the last three years, and three years of past experience in supplying comparable products to government organizations or PSUs. Supporting documents must be uploaded with the bid.
Bidders must provide specific technical certifications confirming compliance with the buyer specifications and operational capabilities of the Transmission Checking Machine as outlined in the bid documents.
Yes, interested bidders must be registered entities with a valid GSTIN. Registrations must be verified online, and necessary documentation must be prepared for submission along with the bid.
Bidders are typically required to submit documents in PDF format, but they should check the bid documentation for any additional specific accepted document formats to ensure compliance.
Yes, the bidder must meet all specified quality standards as outlined in the documentation and ensure that the Transmission Checking Machine conforms to the required specifications regarding performance and operations.
Bidders must comply with local content policies, as the tender gives preference to Make in India products. This necessitates providing documentation affirming compliance with local sourcing and manufacturing guidelines.
Testing criteria include pre-dispatch inspections, conducted by the buyer's nominated agency, to ensure that the machine conforms to all contractual specifications. Results of these inspections will be part of the acceptance process.
The EMD amount for this tender is 800,000. Bidders seeking exemption from EMD must submit valid supporting documentation along with their bid.
Successful bidders need to submit a performance security equivalent to 3% of the contract value to ensure compliance with contract terms and successful execution of the tender requirements.
Payments will be structured with 90% payable on product delivery and 5% held for the installation, commissioning, and testing process after completion and acceptance by the buyer.
Bids must be submitted through the designated state procurement portal, following the specified guidelines, which usually allow electronic submissions to ensure an efficient review process.
Although specific dates are not provided herein, bidders must reference the main document for deadlines associated with bid submissions, opening, and evaluations.
Bids will undergo a thorough evaluation based on financial and technical criteria. The total value will determine selection, and a reverse auction may be held among competitive bidders to finalize pricing.
Results notification will typically follow the final evaluation process. Bidders are expected to check the state procurement portal for updates and results announcements.
MSEs may receive exemptions from experience and turnover criteria. They are also granted purchasing preferences under specified conditions to enhance their competitive stance in the bidding process.
Yes, startups may also qualify for exemptions from certain criteria, allowing them to participate without the full burden of typical experience and turnover requirements.
Compliance with 'Make in India' policies influences eligibility, favoring domestic suppliers who meet local content requirements. Bidders must document their alignment with these policies to qualify for bidding advantages.