Contract Bidding Open For RFQ ITEM NO. 10,RFQ ITEM NO. 20,RFQ ITEM NO. 30,RFQ ITEM NO. 40,RFQ ITEM NO. 50,RFQ ITEM NO. 60,RFQ in MATHURA, UTTAR PRADESH

The eligibility requirements for participation necessitate that all bidders be registered entities with valid operational licenses. Additionally, they must demonstrate experience in similar procurements and possess relevant certifications that indicate compliance with quality standards. Each bidder is encouraged to review the nature of the products being tendered and ensure they have the capacity to meet the demands as per the specifications outlined in the tender documentation.

Bidders must ensure that the products meet all specified technical specifications regarding quality, safety, and functionality as outlined in the tender document. This includes adherence to testing criteria, which ensures that the RFQ items are robust and reliable for use within the Indian Oil Corporation's operations. Suppliers may be required to submit product datasheets or compliance certifications as evidence of meeting these specifications.

The Earnest Money Deposit (EMD) is required from all bidders to safeguard against non-performance and ensure seriousness in bidding. Generally, the EMD amount will be specified in the tender document. Upon successful bidding, a performance security may also be demanded, typically calculated as a percentage of the contract value, to affirm the supplier's commitment to fulfilling the contract terms as agreed.

Submissions must be conducted online via the specified portal outlined in the tender document. Bidders should ensure that they follow the required formats and guidelines for both technical and financial bids. Late submissions or improper formats may lead to disqualification from the tendering process. As such, it is imperative to review deadlines and adhere strictly to submission protocols.

The tender includes tailored considerations for Micro, Small, and Medium Enterprises (MSEs), providing concessions intended to promote greater participation. Startups may also enjoy special provisions that align with government policies aimed at fostering innovation and reducing barriers to entry. This initiative enhances opportunities for smaller entities and supports local economic growth, creating a more inclusive bidding environment.