Bids are Invited For Conversion of Silver Ingots into Silver Coin Blanks in MUMBAI, MAHARASHTRA

The eligibility requirements include being a registered entity in India, compliance with local manufacturing regulations, and demonstrating previous experience in metal conversion or related fields. Bidders must also have adequate financial stability and must provide proof of eligibility through registration documents and work references.

The technical specifications for the silver coin blanks includes ensuring the specified weight, diameter, and high purity of silver content. Vendors must adhere to standard quality assurance certifications and perform routine testing to confirm compliance, providing necessary documentation as proof.

Documents must be submitted online through the required platform during the tender period. Bidders must include proof of registration, technical proposals, and their financial documents, ensuring they follow any specified formats and guidelines mentioned within the tender documentation.

Bidders are required to submit a financial proposal that details unit pricing, taxes, and any additional charges. The Earnest Money Deposit (EMD) will be specified in the tender and must be submitted alongside the financial proposal to demonstrate the bidders' commitment to the procurement process.

This tender includes provisions aimed at promoting participation from Micro, Small, and Medium Enterprises (MSEs), offering them advantages in the bidding process. These benefits may include exemptions from certain eligibility criteria and considerations for their financial capabilities, supporting the government’s initiative to foster local manufacturing.