Invitation to Bid - Insulating Oil as per POWERGRID Technical Specifications in KISHANGANJ, BIHAR

The eligibility requirements include being a registered entity, having relevant experience in supplying products to the power sector, and ensuring compliance with standards set by the Ministry of Power. Bidders are urged to provide necessary documentation to demonstrate their qualifications and meet the technical specifications required for the insulating oil.

Bidders must submit relevant compliance certificates that demonstrate adherence to POWERGRID Technical Specifications. This includes quality assurance certifications and safety documentation to ensure that the insulating oil meets all necessary industry standards.

The Earnest Money Deposit (EMD) for participating in this tender is ₹12,000. This payment secures the bid submission and will be refunded to unsuccessful bidders post-evaluation, while it is adjusted against the performance security of the successful bidder.

Payment terms will be aligned with standard government procurement practices. Bidders are advised to provide detailed invoicing requirements along with their proposals to facilitate smooth processing of payments following the delivery and acceptance of the insulating oil.

MSEs can benefit from relaxed eligibility criteria regarding experience and financial turnover. This provision aims to foster participation from local businesses, allowing them to contribute to the supply of insulating oil under the government's focus on promoting indigenous industries and ensuring compliance with 'Make in India' policies.