Contract Bidding Open For Label for bar end, 35mm, STM-OPRN-131 in VISAKHAPATNAM, ANDHRA PRADESH

Details are provided in the tender document.

To participate in the tender for the Label for bar end, 35mm, STM-OPRN-131, bidders must be the OEM of the product, possess a valid Udyam Registration (for MSEs), and provide documents confirming technical specifications. Traders or resellers are not eligible.

Bidders must submit:

• Signed bid document
• Compliance document against BoQ specifications
• Relevant certificates as requested in the ATC.

Bidder specifications are detailed in the Buyer Specification Document linked in the main tender document. Compliance with these specifications is mandatory for evaluation.

MSEs can seek exemptions from experience or turnover criteria. However, they must provide relevant documentation to prove eligibility for exemption during the evaluation process.

Payment terms state that 100% of the value will be paid against the commercial invoice, with a release time frame determined by VSP's acceptance of materials. Payment will typically be released within 60 days.

Bids must be submitted through the GeM platform, ensuring all required documents are uploaded accurately and completely.

The evaluation will be based on a total value-wise assessment, taking into account compliance with technical specifications and competitiveness, rather than simply the lowest price.

No inspection is required as per the details provided in the tender documentation. Bidders should ensure compliance with specifications to avoid rejections upon delivery.

Late delivery penalties can be levied as per the GeM GTC clause, with potential maximums up to 10% of the invoice value, depending on the circumstances of the delay.

Yes, MSEs with Udyam registration are eligible for purchase preference, which can benefit them significantly in the procurement process.

Bids from suppliers that qualify as Class 1 and Class 2 local suppliers will receive preference based on their local content compliance as defined in the tender documents.

Bidders will be notified of the results following the evaluation process through the GeM platform, where the final decision will be posted.

Should the L1 bidder withdraw before contract finalization, they will be debarred from participating in the next one tender or three months, whichever comes later.

If any documents submitted are found to be false or forged, the bidder will be banned from future participation in tenders, and EMD or any security deposit will be forfeited.

Yes, this tender promotes Make in India initiatives and provides purchase preferences for local suppliers who meet the local content requirements defined in the policy.