Government Tender Published for Custom Bid for Services - Annual Check and Reconciliation of Coal Stock and OB against the excavati in ANGUL, ODISHA

The eligibility requirements include being a registered entity under relevant Indian laws, possessing experience in conducting similar services within the mining sector, and compliance with operational standards set forth by NALCO.

Bidders must demonstrate proficiency in advanced stocktaking methodologies, show capacity to deploy qualified colleagues for measurement tasks, and provide documented evidence of previous work in reconciliation services. Adherence to quality standards is mandatory.

Participants should submit financial records from the last three years, confirming stability and sufficient backing to undertake the services outlined in the tender. This may require documentation such as balance sheets or audited financial statements.

Payment terms will be discussed following the tender award, focusing on transparency, timeliness, and adherence to approved budgets. Bidders should prepare to submit financial plans during the evaluation stage.

Micro, Small, and Medium Enterprises (MSEs), as well as startups, are encouraged to participate in this tender process, benefiting from certain provisions laid out in the evaluation criteria, which promote local engagement and fulfill the objectives of the 'Make in India' initiative.