Procurement Opportunity: Augmentation of existing Crude Oil Blending System (TAG NO: 000-BLND-01) in SAGAR, MADHYA PRADESH

The eligibility requirements include being a registered entity, with an established track record in similar projects. Bidders must showcase relevant experience, which may involve submitting references and performance records of past installations or augmentations in systems akin to Crude Oil Blending. Financial stability is also crucial, requiring bidders to provide documentation reflecting their ability to undertake a project of this nature successfully.

Bidders must possess necessary technical certificates relevant to the energy sector and specifically for crude oil blending systems. This may include compliance certificates validated by recognized industry bodies to confirm adherence to safety and quality standards. Incorporating these documents within the submission will strengthen the proposal, demonstrating the bidder’s commitment to quality and compliance.

To register for this tender, bidders need to submit a comprehensive set of documents which may include a business registration certificate, prior project completion documents, financial statements, technical specifications, and guidance on compliance with operational standards in the oil and gas sector. Proper formatting of these documents is essential to meet the submission criteria laid out in the tender documentation.

The Earnest Money Deposit (EMD) serves as a financial guarantee that bidders will fulfill their proposals should they be selected. The amount for the EMD will be specified in the tender document and must be submitted alongside technical and financial bids. If a bidder is awarded the contract, the EMD may transition into a security deposit, ensuring commitment throughout the project lifecycle.

Bids are assessed through a meticulous evaluation process which examines technical proficiency, financial viability, and compliance with submission guidelines. Criteria used in the evaluation and selection process may involve scoring systems that prioritize quality, cost-effectiveness, and bid completeness. The results of this evaluation will be communicated to participants following the assessment period.