Bids are Invited For Subsea motor with interfacing cable assembly,Subsea electric motor with interfacing cables in KANCHIPURAM, TAMIL NADU

The eligibility requirements include being a registered entity with necessary credentials, adhering to specified experience criteria, and having valid Udyam Registration for MSEs.

Bidders need to submit a Certificate as requested in the ATC, along with up to four additional documents that are specified in the bid.

Entities must register online with the respective governmental platform and ensure compliance with all required documents and certifications related to the procurement process.

Documents must be submitted in formats as specified in the buyer's documents, typically including PDFs, but must comply with any specific requests outlined in the ATC.

The technical specifications include precise performance requirements, local content percentages required to qualify as Class 1 or Class 2 local suppliers, which are detailed in the buyer documentation.

Bidders must comply with the quality standards laid out in the specifications document, ensuring that products adhere to the required local content and performance levels.

Bidders must comply with all applicable laws and procurement policies including labor laws and the stipulations of the Make in India initiative.

Testing criteria are indicated in the technical specifications document provided by the buyer, which may include certain performance tests prior to final acceptance.

The EMD amount is ₹500,000, with options for exemption subject to submission of valid supporting documents based on specified criteria.

A performance security compliant with general procurement standards may be required, dependent on acceptance of the bid and specific stipulations in the bid documents.

Payment terms will be outlined in the acceptance documents, following successful delivery and meeting all quality criteria as agreed upon in the tender.

Price evaluation considers the total value of the bid, ensuring all technical specifications and conditions are met before financial assessment.

Bidders must follow the submission methods outlined in the tender documents, ensuring all submissions are complete and submitted before the stipulated deadline.

While specific dates will vary, it’s crucial for bidders to track deadlines for bid submission and opening to ensure compliance.

MSEs may receive purchase preference provided they meet the registration and validation requirements set forth in the procurement policies.

Preference is given to Class 1 and Class 2 local suppliers as defined under the Make in India initiative, with specific local content requirements established in the tender documents.

The procurement rules allow for preferences as specified in the General Terms and Conditions of GeM and policies directed by the Ministry, establishing an inclusive and fair bidding environment.