Progress
RAQuantity
1
A tender has been published for The issuing authority Custom Bid for Services - In-situ machining of MTK foundation for Yard 1259 in SOUTH GOA, GOA. Quantity: 1 by. Submission Deadline: 30-06-2025 11: 00: 00. Check eligibility and apply.
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GEM_GENERAL_TERMS_AND_CONDITIONS
Start
12-Jul-2025, 11:00 am
End
14-Jul-2025, 11:00 am
Duration: 48 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | MACHINE MAN ENGINEERING Under PMA Winner | ₹3,89,831 | Item Categories : Custom Bid for Services - In-situ machining of MTK foundation for Yard 1259 |
| L2 | DAKSH IN-SITU MACHINING PRIVATE LIMITED Under PMA | ₹10,17,000 | Item Categories : Custom Bid for Services - In-situ machining of MTK foundation for Yard 1259 |
| L3 | COREN TECHNO-MECH PRIVATE LIMITED Under PMA | ₹10,35,000 | Item Categories : Custom Bid for Services - In-situ machining of MTK foundation for Yard 1259 |
🎉 L1 Winner
MACHINE MAN ENGINEERING Under PMA
Final Price: ₹3,89,831
Key insights about GOA tender market
The eligibility requirements include being a registered entity with a proven track record in providing machining services. Bidders must ensure compliance with all applicable legal and regulatory standards of the defence sector. Additionally, documentation verifying registration and relevant experience must be submitted during the bidding process.
To apply for the tender, bidders must present various certificates that may include business registration, tax compliance, and any necessary industry-specific certifications. These documents validate the capability to deliver the specified services and meet quality standards required for this project.
The registration process requires interested parties to complete online registration through the designated procurement platform. Ensure that your details are accurately entered and that all required documents are uploaded. It is crucial to follow the guidelines provided in the tender documents carefully.
The payment terms for successful bidders will be outlined in the contract post-award, typically based on milestone achievements. Additionally, a performance security deposit may be required to ensure commitment to the contract terms. Bidders should review the specific requirements in the tender documents for clarity.
MSEs can benefit from provisions specifically designed to promote their participation in government contracts. This includes potential relaxation of requirements and favorable payment terms. The tender aims to ensure inclusivity for MSEs while adhering to 'Make in India' policies aiding local procurement.
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Main Document
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SCOPE_OF_WORK
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GEM_GENERAL_TERMS_AND_CONDITIONS