Contract Bidding Open For PRESSURE TRANSMITTER as per RFQ item 40,PRESSURE MONITOR as per RFQ item 20,SOLENOID VALVE ASSEMBLY in PANIPAT, HARYANA

The eligibility requirements include being a registered entity capable of executing contracts pertaining to the supply of industrial equipment. Bidders must demonstrate relevant experience through documentation of previous contracts, and they should also provide financial statements reflecting turnover and stability over the last three years.

Vendors must ensure that the Pressure Transmitters, Pressure Monitors, and Solenoid Valve Assemblies comply with established industry standards and technical specifications provided in the RFQ. This entails meeting accuracy, performance, and compatibility requirements that align with the operational needs of Indian Oil Corporation Limited.

Participants are required to review the tender details regarding the Earnest Money Deposit (EMD). Typically, the EMD is a financial assurance provided to demonstrate the bidder's seriousness. The amount and terms concerning the EMD will be specified in the tender documents that must be adhered to by all bidders.

All submission methods must be conducted via the official online portal as specified in the tender instructions. Bidders need to ensure all required documents, including technical and financial proposals, are uploaded in the formats accepted by the platform, ensuring compliance with the submission guidelines.

Indeed, there are provisions aimed at supporting Micro, Small, and Medium Enterprises (MSEs). These may include exemptions from strict eligibility criteria, prioritized evaluation, and potential financial aids as part of a broader strategy to encourage local procurement and growth under the 'Make in India' initiative.