Procurement Opportunity: Permanent Magnetic Chuck in Rangareddi, TELANGANA

The eligibility requirements include being a registered entity in the industry, possessing at least 3 years of relevant past experience, having an OEM Authorization Certificate, and meeting the OEM average turnover requirement of ₹1 Lakh (s).

The required documents include experience criteria, past performance documentation, OEM authorization, and the yearly turnover statement, as specified in the tender documents.

Bidders must register on the government procurement platform and upload all necessary documentation during the submission period. Accurate adherence to submission guidelines ensures eligibility.

Accepted document formats generally include PDF and JPG. Ensure that files meet the specified size and format requirements to avoid rejections based on submission errors.

The technical specifications for the Permanent Magnetic Chuck are detailed in the tender documents, emphasizing standards for durability, performance, and compliance with safety measures relevant to industrial use.

Bidders must comply with relevant quality standards outlined in the tender documentation. These standards ensure that the Permanent Magnetic Chuck meets the expected performance benchmarks in industrial operations.

Yes, all bidders must ensure adherence to specific compliance requirements regarding product specifications, industry standards, and financial submissions as per the government procurement regulations.

The testing criteria may involve evaluations based on functionality, durability, and performance efficiency outlined in the tender documentation. Meeting these criteria is essential for successful bid consideration.

Bidders must submit an EMD as specified in the tender documents. This deposit guarantees the bid's seriousness and compliance with tender requirements.

Successful bidders must furnish a performance security as detailed in the tender documents, ensuring compliance with the contract terms and responsibilities in executing deliverables.

The payment terms will be outlined in the contract following the bid selection, typically including milestone payments based on delivery and performance conditions.

The price evaluation considerations will focus on the total value offered, balanced against compliance with technical and performance specifications outlined in the tender documents.

Submissions must be made electronically through the designated procurement platform, ensuring all documents align with the stipulated submission formats and deadlines.

Timelines and deadlines should be observed as prescribed in the tender documents. Bidders are encouraged to maintain awareness of dates for submission, evaluation, and project execution.

The evaluation and selection process is comprehensive, applying a total value-wise assessment method taking into account both financial offers and compliance with technical specifications.

Notifications will be sent through the official procurement platform, with results made available to all bidders after the conclusion of the evaluation stage.

Yes, there are special provisions encouraging participation from MSEs, including exemptions from certain experience and turnover criteria, enhancing their chances of securing contracts.

Startups are encouraged to participate and may benefit from similar exemptions as MSEs to promote innovation and competition in the government procurement sector.

Compliance with 'Make in India' policies is expected, promoting local manufacturing initiatives and ensuring value addition within the country’s economy through procurement processes.

Bidders are advised to familiarize themselves with local content and procurement rules applicable in this tender to align with government policies promoting indigenous manufacturing and local industry support.