Invitation to Bid - COTTON YARN WASTE in DURG, CHHATTISGARH

The eligibility requirements include being a registered entity ensuring compliance with all statutory regulations. Bidders must demonstrate previous experience in supplying similar products, along with financial stability, which assures the ability to fulfill requirements specified in the tender.

The technical specifications require the cotton yarn waste to meet recognized industry quality standards. Bidders should ensure that the product is certified, and traceability is maintained for quality assurance throughout the procurement process.

Submissions for this tender must be done electronically through the designated portal, where bidders can upload their technical and financial proposals along with required certifications. The submission must adhere to the prescribed formats to ensure compliance with evaluation criteria.

Bidders are required to submit an Earnest Money Deposit (EMD), which acts as a financial security mechanism. Additionally, the performance security, applicable payment terms, and evaluation criteria concerning pricing will be outlined in the documents to ensure transparency.

Yes, MSEs are provided with certain advantages such as exemption from participation fees and price preference during the evaluation process. These provisions are aimed to encourage MSE involvement while ensuring compliance with the ‘Make in India’ policy.