Bids are Invited For ALLEN BOLT M 16 X 180,ALLEN BOLT AND SOCKET SCREW M 16 X 50,ALLEN BOLT AND SOCKET SCREW M 16 X 40,S in SHIMOGA, KARNATAKA

The eligibility requirements to participate in this tender include being a registered business entity with a valid license and a proven track record in supplying industrial hardware. All bidders must be compliant with the regulations defined by the Government E-Marketplace (GEM) platform. Additionally, bidders should have a demonstrated experience in completing similar contracts successfully, ensuring they meet the financial and technical demands outlined in the tender documents.

The technical specifications for the Allen bolts include adherence to industry standards regarding manufacturing processes, dimensions, and quality metrics. Bidders must ensure that the products selected meet the specific requirements listed in the tender, which are crucial for operational efficiency and durability in usage. Manufacturers should provide warranties or guarantees confirming compliance to these standards within their submissions.

A performance security of a defined percentage of the total bid amount is often required for the Allen bolts tender. This financial assurance ensures that the awarded bidder fulfills their obligations in delivering the items per the agreed specifications and timelines. The performance security is typically forfeited in case of default, ensuring compliance and accountability.

Documents must be submitted electronically via the GEM portal before the specified submission deadline noted in the tender document. Bidders should ensure that all files are in the acceptable formats and include all required supplementary documentation to support both technical and financial proposals for evaluation.

Micro, Small, and Medium Enterprises (MSEs) are provided with several benefits in the tender evaluation process, including relaxations in eligibility criteria and potential support in the bidding process. Evaluation committees may prioritize competitive pricing or past performance from MSEs, in alignment with government initiatives to encourage local enterprises and foster development within the sector.