Procurement Opportunity: Custom Bid for Services - RPRC255078 AMC for TMEIC make soft starter and MV VFDs at PR units for it in PANIPAT, HARYANA

The eligibility requirements include being a registered entity with a valid license, possessing relevant certifications, and demonstrating experience in executing similar contracts. Participants should showcase technical proficiency and adequate resources to handle the AMC effectively. Compliance with the documentation standards as specified by the Ministry of Petroleum and Natural Gas is mandatory.

Bidders must submit essential documents, including but not limited to business registration certificates, applicable service licenses, and relevant ISO or industry-specific certifications. These documents should effectively reflect the bidder's capability to deliver quality services under the AMC for TMEIC equipment, demonstrating adherence to all applicable quality standards and compliance requirements stated in the tender.

The registration process involves submitting an expression of interest through the designated e-procurement platform used by the Indian Oil Corporation Limited. Interested entities should create an account or log in to participate in the bidding process. It's essential to ensure that all necessary documents are prepared and ready for upload in accepted document formats as specified in the tender instructions.

The payment terms are likely to include provisions for milestone payments based on the completion of specific maintenance tasks, as well as payment timelines as agreed upon in the contract. Detailed terms will be part of the tender documents, specifying how earnest money deposits (EMD) and performance securities should be handled to ensure compliance and financial accountability.

The bid submission process requires participants to tender documents electronically by the stipulated deadline. Key timelines and deadlines will be outlined in the tender documentation. After submission, the evaluation process will include a thorough review of both technical qualifications and financial proposals. Successful bidders will receive a notification with the evaluation results following comprehensive scrutiny based on established criteria.

While this specific tender currently does not include explicit provisions for Micro, Small, and Medium Enterprises (MSEs) or startups, it is advisable to review the 'Make in India' policies that encourage localized procurement. Bidders are expected to comply with the local content requirements as applicable and demonstrate their alignment with these procurement rules in their submissions.