Bid Publish Date
26-Nov-2024, 5:08 pm
Bid End Date
10-Dec-2024, 5:00 pm
Progress
Indian Railway Finance Corporation Limited announces a tender for Multifunction Machines MFM (Q2). Quantity: 3. Submission Deadline: 10-12-2024 17: 00: 00. Last date to apply is approaching fast!
Quantity
3
Bid Type
Single Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
6
OEM Avg. Turnover
20
Past Performance
10 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Multifunction Machines MFM (Q2)
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Main Document
OTHER
GEM_CATEGORY_SPECIFICATION
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
The eligibility requirements to participate in the tender include being a registered entity based in India, possessing a minimum average annual turnover of 6 Lakhs for the last three fiscal years, and having three years of past experience in supplying similar machines. If a bidder seeks an exemption from these criteria, they must provide supporting documents for evaluation.
Bidders must submit various required certificates, including:
The registration process entails creating an account on the online tendering portal and submitting relevant documentation according to the criteria specified in the tender document. The registration must be completed prior to bid submission.
Bidders are advised to check the accepted document formats section in the main tender document, as it outlines which file types are permissible. Commonly, PDF and Excel formats are preferred for document submissions.
The technical specifications for the multifunction machines must comply with established quality standards and operational effectiveness. Bidders should refer to the detailed specifications provided in the tender documents for information regarding performance, capacity, and features.
Yes, all machines must adhere to relevant quality standards set forth by local authorities and industry bodies. Bidders should ensure compliance with these standards as part of their proposal.
Bidders must ensure full compliance with all compliance requirements outlined in the tender documents, including adherence to Indian procurement policies and applicable statutory obligations.
Testing criteria as outlined in the tender will involve assessing the machines for performance, reliability, and compliance with specified functionalities. Bidders should provide documentation verifying these testing standards.
The Earnest Money Deposit (EMD) amount and submission guidelines will be detailed in the main document. EMD is required to ensure the commitment of bidders to the tender process.
The performance security requirements are set forth in the tender document and are typically a percentage of the total contract amount, aimed at guaranteeing adherence to contract terms throughout the project duration.
Payment terms for the project will be documented within the tender documents. Bidders should review the payment structure, including milestones and timelines for payments, once their proposal has been accepted.
Price evaluation considerations will largely depend on the total value of the bids submitted. The evaluation process will focus on both the cost-effectiveness and the ability of the bidders to meet the technical specifications.
Bidders can submit their proposals online through the specified tender portal as mentioned in the tender document. All required documentation must be uploaded in accordance with the submission guidelines outlined.
Bidders should refer directly to the main document for all key timelines and deadlines, including submission dates and opening dates. Adherence to these timelines is critical for consideration.
The evaluation and selection process will entail a comprehensive review of all submitted proposals, focusing on financial viability, technical capabilities, and compliance with tender documentation as described.
Notification of results will typically be issued via the tender portal, and successful bidders will receive formal communication through the specified methods outlined in the tender document.
MSEs may receive specific benefits, including exemptions from certain criteria related to experience and turnover. These exemptions aim to encourage participation from smaller businesses.
Startups may have the opportunity to receive similar exemptions and benefits as MSEs, aimed at fostering innovation and participation. Specific details are included in the tender documents for clarity.
Bidders are encouraged to align with 'Make in India' policies by ensuring that products offered are manufactured domestically or meet local procurement standards, thus contributing to the development of local industries.
Local content and procurement rules dictate that a certain percentage of materials used in the machines must be sourced locally. Bidders must verify compliance with these rules as outlined in the tender documentation.