Open Tender for Diamond Core Bit in SIVASAGAR, ASSAM

The eligibility requirements include being a registered entity with proper licenses to operate within the petroleum and natural gas sector. Bidders must demonstrate prior experience in supplying similar products, prove their financial capacity to undertake this contract, and comply with all local regulations and standards.

Bidders must ensure that the diamond core bits meet stringent technical specifications, including material quality, durability, and operational efficiency, to navigate various geological conditions. Documentation proving quality certifications and compliance with industry standards is mandatory for evaluation.

The Earnest Money Deposit (EMD) is typically a percentage of the total bid price, required to confirm the bidder’s commitment to the tender process. Specific EMD amounts and conditions will be outlined in the tender documentation, emphasizing compliance and securing the integrity of the bidding process.

Submissions must be made electronically via the designated government e-marketplace portal. All required documents should be compiled as per the technical and financial proposal guidelines provided in the tender documentation, ensuring comprehensive alignment.

Micro, Small, and Medium Enterprises (MSEs) enjoy special provisions under this tender that may include reduced financial requirements, assistance in the bidding process, and potentially favorable evaluation criteria aimed at promoting inclusivity and competition among small businesses.