Contract Bidding Open For ITEM_ 10_ M1878270944_ 100250627_ BUTTERFLY VALVE in BHAGALPUR, BIHAR

The eligibility requirements include being a registered entity within the industry along with specific experience in supplying similar products. Furthermore, bidders are required to demonstrate financial capacity to fulfill the contract and have relevant certifications that validate their capability. Past performance on similar contracts will also be considered during the evaluation process.

The technical specifications for the Butterfly Valves include compliance with industry standards, the provision of detailed product data sheets, and specific operational capabilities such as pressure and temperature tolerance. Bidders must ensure that their products meet or exceed these standards, which will be a significant consideration in the evaluation phase.

The payment terms require bidders to submit a detailed financial proposal that includes the total quotation for the Butterfly Valves, applicable taxes, and any other costs. Additionally, an Earnest Money Deposit (EMD) is usually mandated to secure bids, and this must be clearly stated within the financial submission for approvals.

Bidders must submit their proposals electronically through the designated e-procurement portal. Submissions must be complete and include all required documentation such as technical specifications, company certificates, and financial details, adhering to the specified formats outlined in the tender guidelines.

This tender provides favorable conditions for MSEs and startups, which may include relaxed eligibility criteria and proportions for evaluation based on their capabilities. This approach encourages participation from smaller enterprises, aligning with government initiatives to promote inclusive growth and local procurement practices. Compliance with the relevant policies like 'Make in India' further enhances opportunities for local businesses.