Invitation to Bid - HT Power Factor Correction Capacitor 90KVAR, 3 Phase 3 Wire in EAST SINGHBHUM, JHARKHAND

The eligibility requirements include being a registered entity, having a minimum average annual turnover of 1 Lakh, and possessing at least one year of relevant past experience. Startups and MSEs can avail exemptions from certain criteria if they provide necessary supporting documents.

Bidders must meet the technical specifications provided in the tender documentation. These include ensuring the capacitors are suitable for HT Power Factor Correction at 90KVAR for three-phase, three-wire systems, and submission of OEM turnover data of at least 2 Lakh.

Bidders must fulfill financial requirements, including a minimum turnover of 1 Lakh and submit substantial documentation proving their past performance. Performance security may also be required upon bid acceptance to ensure adherence to contract obligations.

Proposals must be submitted electronically through the designated bidding portal. It is crucial for bidders to adhere to the accepted document formats specified in the tender, ensuring all supporting documents are included and correctly formatted.

Micro, Small, and Medium Enterprises (MSEs) and startups are granted benefits such as exemptions from specific experience requirements. This is part of the government's initiative to promote and support local businesses under the 'Make in India' policies, encouraging active participation in governmental tenders.

This comprehensive guide provides essential insights for potential bidders, ensuring a clear understanding of the requirements for the HT Power Factor Correction Capacitor tender.