Government Tender Published for Sch1_ 100253353_ 10_ M5503696330N_ Drive Shaft Assembly for Wagon Tippler in NALANDA, BIHAR

The eligibility requirements for this tender include being a registered legal entity with the capacity to manufacture and supply Drive Shaft Assemblies. Bidders must demonstrate experience in delivering similar components and must adhere to local regulations and industry standards.

Bidders must provide documentation such as company registration certificates, GST or tax clearances, and certificates that validate technical specifications of the Drive Shaft Assembly. Additionally, quality certifications compliant with national or international standards may also be required to ensure compliance with quality.

The submission process for bids is crucial for participation. Bidders must prepare and submit all required documentation through the designated procurement platform. Ensuring that all forms are completed correctly and submitted before the designated deadline is necessary to avoid disqualification.

Payment terms for awarded contracts typically include partial payment upon delivery of the assemblies and final payment upon successful installation and approval. Bidders should ensure their financial proposals reflect an understanding of the payment structure outlined in the tender document.

The tender includes provisions that support Micro, Small, and Medium Enterprises (MSEs) by allowing exemptions in bid security and potentially reserving a percentage of the procurement for smaller businesses. This policy aims to promote inclusivity and stimulate the growth of MSEs in the sector while encouraging them to participate in government tenders.