Open Tender for Audco sealant-733,O Ring,Lock Spring,Ptfe Bush,Quick exhaust valve,Connector,GASKET,Bearing,Linkage in PURNIA, BIHAR

The eligibility requirements include being a registered entity with a minimum average annual turnover of 4 Lakhs for the past three financial years. Bidders are also required to submit detailed documentation supporting past performance and relevant experience in supplying ROV components.

Bidders must submit certifications confirming their compliance with technical specifications outlined in the Bill of Quantities (BoQ). Additionally, experience criteria, past performance documentation, and financial turnover certificates must be provided to validate their eligibility.

To participate in the tender for ROV spares, interested bidders must register as a supplier on the GeM portal. The submission must include all required documents in accepted formats, primarily in PDF or Word Document, ensuring clarity and adherence to guidelines for effective evaluation.

The payment terms will be defined upon successful bid acceptance and contract finalization. Additionally, selected bidders may be required to submit a performance security deposit, generally a percentage of the total contract value, ensuring commitment to project delivery.

The evaluation process follows the Total Value Wise Evaluation method, where bids are assessed based on both financial offers and compliance with technical requirements. Each bid is scrutinized for document accuracy, completeness, and adherence to the specified criteria, ensuring a transparent selection of qualified suppliers.