Bid Publish Date
29-Mar-2025, 3:20 pm
Bid End Date
28-Jun-2025, 3:00 pm
EMD
₹71,000
Location
Progress
RASecurity 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.
| 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 |
| 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 |
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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.
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
Startup Exemption (Experience)
Yes
Arbitration Clause
No
Mediation Clause
No
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
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Main Document
SCOPE_OF_WORK
OTHER
PAYMENT
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Key insights about MAHARASHTRA tender market
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.
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.
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.
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.
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.