Invitation to Bid - Machine Vice as per IS 4502

The eligibility requirements include being a registered entity under Indian laws, having prior experience in supplying machine tools, showing financial stability, and demonstrating capability to meet technical specifications as outlined in the tender document.

Bidders are required to provide their company registration certificate, GST registration, and any relevant certificates evidencing compliance with the IS 4502 standards. Technical compliance certificates may also be requested.

To register, bidders must create an account on the designated tendering portal, fill in the required details, and then submit their expressions of interest alongside the other requisite documents.

Bidders should ensure that all documentation is submitted in PDF format. Other formats may not be accepted, so it’s advisable to adhere strictly to the specified formats in the tender guidelines.

The machine vices must comply with the standards set forth in IS 4502, ensuring they are robust and suitable for various mechanical applications. Further details on specifications can be found in the main document.

Bidders must ensure that supplied materials comply with both quality assurance benchmarks and the specific requirements stated in IS 4502 to ensure that the vices are durable and functionally effective.

Yes, there are compliance requirements that align with the Make in India policies, which promote local manufacturing. Bidders must confirm that the manufacturing and sourcing of materials conform to these guidelines.

Bidders are required to submit an EMD which serves as a security deposit to ensure their commitment to the tender process. The exact amount and submission details can be detailed in the tender document.

The successful bidder will be required to furnish a performance security equivalent to a certain percentage of the contract value to safeguard against defaults in performance.

The payment terms will be specified in the contract following the successful delivery and inspection of the vices. Payment may often be made via electronic transfer or other mutually agreed methods.

The price evaluation will consider the total cost of ownership, including pricing variance, compliance with specifications, and any associated costs to ensure the best value for the procurement.

Proposals should be submitted electronically through the specified tender portal. Physical submissions may not be accepted.

Bid submissions, evaluation, and award timelines are detailed in the main tender document; parties are advised to consult this document for specific dates and phases of the procurement process.

Notifications regarding the evaluation results will typically be sent via registered email or through announcements on the tender portal, ensuring all participants are informed of their standing.

Working with MSEs allows for special provisions such as pricing preferences and accelerated payments, promoting equitable growth within the procurement processes.

Startups may also receive special considerations, which may include relaxed eligibility criteria and easier access to bid processes, fostering innovation and new solutions in the market.

Bidders are expected to ensure their products and services align with the 'Make in India' policies, which support local manufacturing and procurement, benefiting both the economy and industry growth.

Local content requirements must be adhered to, where a certain percentage of the value addition must be sourced locally to promote economic development and sustainability within the state.