Bids are Invited For Torque Controlled Screwdriver in PALAKKAD, KERALA
Progress
Iti Limited invites bids for Torque Controlled Screwdriver (Q3) in PALAKKAD, KERALA. Quantity: 1. Submission Deadline: 19-12-2024 14: 00: 00. Submit your proposal before the deadline.
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | NITYO TOOLS INDIA PRIVATE LIMITED Under PMA | Make : NA Model : SCS4K | 03-01-2025 11:50:36 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | NITYO TOOLS INDIA PRIVATE LIMITED Under PMA | Item Categories : Torque Controlled Screwdriver |
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
Startup Exemption (Experience)
Yes
Requirements
Experience Required
2 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Torque Controlled Screwdriver (Q3)
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 4
GeM-Bidding-7197068.pdf
Main Document
GeM Category Specification
GEM_CATEGORY_SPECIFICATION
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
Extended Deadline
03-Jan-2025, 8:30 am
Opening Date
03-Jan-2025, 9:00 am
Required Documents
Experience Criteria
OEM Authorization Certificate
Additional Doc 1 (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
Frequently Asked Questions
Key insights about KERALA tender market
What are the eligibility requirements for GEM/2024/B/5660404?
The eligibility requirements include being a registered entity and having a minimum of two years of experience in supplying similar tools. MSEs and startups are eligible for exemptions from this experience requirement, enabling more participation.
What documentation is required to participate in this tender?
Bidders must submit several documents, including the OEM Authorization Certificate, the Experience Criteria, and any additional documents specified in the Annexure. Those seeking exemptions must provide supporting documentation.
How do I register to participate in the tender?
To register, bidders need to create an account on the designated procurement platform. Detailed instructions are usually provided in the tender announcement and must be followed for successful registration.
Which document formats are accepted for submission?
Typically, submissions can be made in PDF or Word formats. However, bidders should check the specific requirements in the tender documents for compliance with accepted formats.
What are the technical specifications for the Torque Controlled Screwdriver?
The technical specifications detail the required metrics and quality standards for the Torque Controlled Screwdriver, ensuring it meets operational needs. For specifics, bidders should refer to the main tender document.
Are there any quality standards to meet for this tender?
Yes, bidders must comply with international quality standards to ensure reliability and safety of the Torque Controlled Screwdriver. These standards are elaborated in the tender documentation.
What compliance requirements should bidders fulfill?
Compliance with all stated specifications within the tender document, along with regulatory certifications, is mandatory. This includes adhering to local and international manufacturing standards.
Is there an Earnest Money Deposit (EMD) requirement for this tender?
Yes, an EMD is typically required to ensure serious bidding. Detailed information regarding the amount and submission guidelines will be available in the procurement announcements.
What are the performance security requirements post-award?
Post-award, successful bidders may need to furnish a performance security as a percentage of the contract value to assure the timely and satisfactory delivery of the goods.
How are payments structured under this tender?
Payment terms will be specified in the tender documents, usually divided into milestones upon meeting delivery and quality acceptance criteria.
How will bids be evaluated and selected?
Bids are evaluated based on total value-wise evaluation, emphasizing price competitiveness and adherence to specified technical requirements. The evaluation committee’s decision will be final.
When will results be notified to bidders?
Results will typically be communicated post-evaluation completion through the official procurement platform. Bidders should remain attentive to announcements after the specified evaluation timeline.
What benefits do MSEs receive in this tender?
MSEs are provided exemptions from certain requirements such as years of experience, which can facilitate their participation and promote growth within this sector.
Are there any provisions in favor of startups?
Yes, startups can also benefit from exemptions regarding experience requirements, helping to cultivate innovation and increase competition in the supply market.
How does this tender align with 'Make in India' policies?
The tender emphasizes local manufacturing by encouraging bids from domestic producers, thereby supporting the government's 'Make in India' initiative aimed at boosting employment and economic growth.