Procurement Opportunity: Procurement of Rotary Torque Sensor in PUNE, MAHARASHTRA

The eligibility requirements include being a registered entity, compliance with industry standards, and proven experience in providing rotary torque sensors. Companies must also comply with the set criteria for Micro, Small, and Medium Enterprises (MSEs) if applicable. All participants are encouraged to ensure their registration aligns with the tender stipulations to avoid disqualification.

The technical specifications required for the rotary torque sensor include precise torque measurement capabilities, compatibility with industrial technology, and necessary certifications for quality and safety standards. Bidders must ensure their product meets these specifications, providing documentation to validate compliance. This is crucial for ensuring functionality in various applications.

Participants must provide an Earnest Money Deposit (EMD) to secure their bid and demonstrate financial reliability. The EMD amount will be specified in the tender document. Additionally, a performance security may be required upon contract award to guarantee compliance with delivery and quality standards.

Bid submissions need to be completed online through the GEM portal. All required documents, including technical specifications and financial statements, must be uploaded in the prescribed formats. Adherence to submission guidelines is essential for the bid to be considered valid.

MSEs are provided with various benefits under this procurement process, including potentially reduced eligibility criteria and fee exemptions. This is aimed at promoting the growth of MSEs and facilitating their entry into government tenders, aligning with broader initiatives supporting local enterprises and compliance with Make in India policies.