Low Grade Low Phos. Manganese Ore
Chandrapur Ferro Alloy Plant
CHANDRAPUR, MAHARASHTRA
Bid Publish Date
08-Nov-2024, 11:23 am
Bid End Date
29-Jan-2025, 3:00 pm
EMD
₹10,00,000
Location
Progress
Quantity
16000
Bid Type
Two Packet Bid
A tender has been published for Chandrapur Ferro Alloy Plant Low Phos Manganese Ore in CHANDRAPUR, MAHARASHTRA. Quantity: 16000 by. Submission Deadline: 29-01-2025 15: 00: 00. Check eligibility and apply.
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Low Phos Manganese Ore
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Main Document
OTHER
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ATC
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Chandrapur Ferro Alloy Plant
CHANDRAPUR, MAHARASHTRA
Chandrapur Ferro Alloy Plant
CHANDRAPUR, MAHARASHTRA
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Tender Results
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Bidder Turnover
Certificate (Requested in ATC) *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
Extended Deadline
29-Jan-2025, 3:00 pm
Opening Date
29-Jan-2025, 3:30 pm
Extended Deadline
28-Dec-2024, 3:00 pm
Opening Date
28-Dec-2024, 3:30 pm
Extended Deadline
19-Dec-2024, 3:00 pm
Opening Date
19-Dec-2024, 3:30 pm
Extended Deadline
02-Dec-2024, 3:00 pm
Opening Date
02-Dec-2024, 3:30 pm
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | MTC BUSINESS PRIVATE LIMITED Under PMA | Make : Reseller Model : Low Phos Manganese Ore - SAIL Title : Low Phos Manganese Ore | 29-01-2025 13:16:34 | |
| 2 | OSWAL MINERALS LIMITED Under PMA | Make : NA Model : Low Phos Manganese Ore Title : Low Phos Manganese Ore | 22-11-2024 17:10:57 | |
| 3 | SAATVIK FERRO LIMITED Under PMA | Make : SAATVIK FERRO LIMITED Model : SAATVIK FERRO LIMITED Title : Low Phos Manganese Ore | 21-11-2024 16:38:52 |
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | SAATVIK FERRO LIMITED Under PMA Winner | ₹30,20,80,000 | Item Categories : Low Phos Manganese Ore |
| L2 | OSWAL MINERALS LIMITED Under PMA | ₹30,23,97,440 | Item Categories : Low Phos Manganese Ore |
| L3 | MTC BUSINESS PRIVATE LIMITED Under PMA | ₹37,76,00,000 | Item Categories : Low Phos Manganese Ore |
🎉 L1 Winner
SAATVIK FERRO LIMITED Under PMA
Final Price: ₹30,20,80,000
Key insights about MAHARASHTRA tender market
The eligibility requirements for this tender include being a registered entity with a minimum average annual turnover of 700 Lakhs over the last three years. Startups can apply for exemption from the turnover criteria while providing the necessary documentation. However, MSEs are not eligible for experience-related exemptions.
Bidders need to submit a Bidder Turnover Certificate along with any supporting documents for exemption eligibility concerning experience or turnover criteria, if applicable.
To register for this tender, potential bidders must be registered on the GeM portal, where all tender activities, document submissions, and bid uploads take place.
The accepted document formats for submission are typically PDF and other formats supported by the GeM portal. It is important to review the specifications in the main tender documentation.
The technical specifications pertain to the quality of Low Phos Manganese Ore as required by the Chandrapur Ferro Alloy Plant. Bidders should refer to the specification document linked within the main tender for detailed requirements.
Bidders must ensure that the Low Phos Manganese Ore meets the quality standards as described in the tender specifications and complies with IS 1171 for Ferro Manganese.
All bidders must comply with the GeM guidelines as well as any specific compliance criteria outlined in the tender document. This includes financial stability and relevant experience in contracts.
Testing criteria will be defined by the plant's procurement team and should adhere to the specifications stated in the tender. Bidders must be prepared to comply with these testing protocols if necessary.
The EMD amount is set at 1,000,000 INR. Bidders seeking exemption must submit valid documents as per applicable guidelines under the GeM framework.
A performance bank guarantee (ePBG) of 5% is required for a duration of 15 months after contract signing to ensure compliance and satisfactory service delivery.
Detailed payment terms are typically outlined in the tender documentation that is provided to successful bidders post-evaluation.
The evaluation will focus on total value-wise assessments, and only those bids that offer the best financial terms in accordance with the provided specifications will be selected.
Bids must be submitted electronically via the GeM portal. Hard copies are generally not accepted unless specified otherwise in the tender.
Key timelines include the bid submission deadline, which is mentioned in the official document, and the opening date. It is crucial for bidders to adhere to these timelines for successful participation.
Notification of bid results will typically be conveyed through the GeM platform, where bidders can check the status and results following the evaluation process.
While MSEs do not have experience-related exemptions, they can avail benefits provided they meet the turnover criteria and comply with GeM regulations for small businesses.
Startups are exempt from the turnover criteria but must submit relevant documentation to support their eligibility. This is a significant opportunity for new businesses looking to enter the market.
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