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Procurement Opportunity: Custom Bid for Services - Overhauling of 18 2HI Rolling Mill,Custom Bid for Services - Overhauling in MUMBAI, MAHARASHTRA

Bid Publish Date

29-Mar-2025, 3:20 pm

Bid End Date

28-Jun-2025, 3:00 pm

EMD

₹71,000

Progress

RA
Issue29-Mar-2025, 3:20 pm
Reverse Auction20-Jul-2025, 12:00 pm
Award04-Aug-2025, 1:22 am

Security Printing And Minting Corporation Of India Limited (spmcil) has released a public tender for Custom Bid for Services - Overhauling of 18 2HI Rolling Mill, Custom Bid for Services - Overhauling of 10 2HI Rolling Mill in MUMBAI, MAHARASHTRA. Quantity: 2. Submission Deadline: 28-06-2025 15: 00: 00. Download documents and apply online.

Technical Results

S.No Seller Date Status
1
ACCORD HYDRAULIC & AUTOMATION   Under PMA
27-06-2025 13:58:45
2
TECHNO ENGINEERING   Under PMA
18-04-2025 23:01:55

Financial Results

Rank Seller Price Item
L1
TECHNO ENGINEERING( MSE Social Category:General )    Under PMA
Item Categories : Custom Bid for Services - Overhauling of 18 2HI Rolling Mill,Custom Bid for Services - Overhauling
L2
ACCORD HYDRAULIC & AUTOMATION( MSE Social Category:OBC )    Under PMA
Item Categories : Custom Bid for Services - Overhauling of 18 2HI Rolling Mill,Custom Bid for Services - Overhauling

Contract / Result Documents 1

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Reverse Auction Schedule

Completed

Start

20-Jul-2025, 12:00 pm

End

21-Jul-2025, 12:00 pm

Duration: 24 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Tender Data

Bid Details

Quantity

2

Bid Type

Two Packet Bid

Bid Validity

120 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

RA Qualification Rule

50% Lowest Priced Technically Qualified Bidders

Tech Clarification Time

4 Days

Preference & Exemptions

Startup Exemption (Experience)

Yes

Requirements

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Custom Bid for Services - Overhauling of 18 2HI Rolling Mill , Custom Bid for Services - Overhauling of 10 2HI Rolling Mill

Authority Records

MINISTRY OF FINANCEECONOMIC AFFAIRS DEPARTMENTSECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED

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Free consultation · 24h response

Documents 6

GeM-Bidding-7574181.pdf

Main Document

Scope Of Work Document

SCOPE_OF_WORK

Other Documents

OTHER

Payment Terms & Condition

PAYMENT

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Corrigendum Updates

3 Updates
#1

Update

13-Jun-2025
#2

Update

24-May-2025
#3

Update

30-Apr-2025

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

What are the eligibility requirements for this tender?

The eligibility requirements include being a registered entity with a proven track record in the overhauling and maintenance of industrial machinery. Potential bidders must demonstrate relevant experience with 2HI Rolling Mills or similar equipment. Compliance with local operating permits and contractual obligations is mandatory for qualification.

What technical specifications must be met for the overhauling services?

The technical specifications for the tender emphasize a rigorous assessment of the rolling mills, focusing on mechanical and electrical evaluations. Bidders are required to demonstrate their capabilities in restoring equipment functionality, safeguarding operational efficiency, and maintaining high-quality standards throughout the process.

What are the payment terms associated with this tender?

The payment terms stipulate that progress payments may be based on milestones achieved during the overhaul process. It is imperative for bidders to present a clear financial plan that aligns with industry standards, specifying any conditions regarding payment releases, performance security requirements, and final payment upon project completion.

How will the bids be evaluated?

The evaluation and selection process will consider multiple factors, including technical capabilities, price competitiveness, and past performance metrics. Each bid will undergo a structured assessment, with points awarded based on adherence to quality standards, compliance with submission guidelines, and overall project feasibility.

Are there any benefits for MSEs and startups?

Yes, the tender offers specific benefits for Micro, Small, and Medium Enterprises (MSEs), promoting participation from these sectors. Additionally, provisions are in place for startups that meet defined criteria. Bidders should highlight their MSE status in their proposal and outline how they can contribute effectively within the scope of this tender.