Procurement Opportunity: Vacuum Packaging Machine in BANGALORE, KARNATAKA

The eligibility requirements for participating in this tender include being a registered entity, possessing a minimum average annual turnover of 2 Lakh, and having an OEM average turnover of 4 Lakh. Additionally, bidders must demonstrate at least 3 years of relevant experience in supplying similar equipment. It is crucial to submit all required documentation, such as OEM Authorization and evidence of past performance meeting or exceeding 80%.

Bidders must provide several mandatory certificates as part of their proposal. This includes an OEM Authorization Certificate that verifies their eligibility to market the equipment being proposed, as well as financial statements that reflect the bidder’s turnover according to the specified thresholds. Further documentation, such as performance indicators and any additional certificates requested in the ATC, should also be included to substantiate the proposal.

The registration process involves creating an account on the designated procurement portal. After registering, bidders can upload their proposals along with all required documents in the specified format. It is essential to follow the submission guidelines outlined in the tender documents. Document formats should typically be PDF or other accepted digital formats to ensure compatibility during evaluation.

Bidders are required to demonstrate a minimum average annual turnover of 2 Lakh and should be prepared to discuss pricing and payment terms as part of their bid. Bidders should also be aware of the Earnest Money Deposit (EMD) requirements, which are a part of the financial entry prerequisites, ensuring that proposals reflect viability and capability to execute the order efficiently.

Yes, this tender includes provisions aimed at promoting the participation of Micro, Small, and Medium Enterprises (MSEs). Additionally, startups also benefit from favorable terms to encourage local entrepreneurship. Bidders should familiarize themselves with the specific provisions designed to enhance opportunities for these businesses while ensuring compliance with 'Make in India' initiatives to promote local manufacturing practices.