Open Tender for RGA Spares of hydroprocesing Pilot plant SERVICE KIT GC 680 DIGITAL DISPLAY,PCBF slash S CLARUS 480 in FARIDABAD, HARYANA

The eligibility requirements include being a registered entity in the industry, demonstrating financial stability, and having a proven track record in supplying similar equipment to the petroleum sector. Participants must comply with all regulations set forth by the Indian Oil Corporation Limited and the Ministry of Petroleum and Natural Gas.

Participants must submit a complete set of documents as part of the registration process, including the company registration certificates, financial statements, proof of prior experience in related projects, and relevant technical specifications that demonstrate compliance with quality standards.

The Earnest Money Deposit (EMD) is a financial assurance required by the issuing authority to confirm a bidder's commitment to the tender. The amount is specified in the tender documents, and it must be submitted along with the bid proposal to ensure consideration during the evaluation process.

Payment terms will typically outline the conditions under which payments are to be made post-delivery and inspection of goods. This usually includes milestone payments upon delivery and successful installation, as well as adherence to the agreed performance security requirements.

Micro, Small, and Medium Enterprises (MSEs) along with startups can benefit from specific provisions aimed at enhancing their participation. This includes special evaluation criteria, support in compliance with ‘Make in India’ policies, and encouragement toward maintaining significant local content, ensuring a level playing field while promoting local businesses.