Procurement Opportunity: HYDRAULIC TORQUE WRENCH WITH ACCESSORIES in DIBRUGARH, ASSAM

The eligibility requirements include being a registered entity with relevant certifications to supply hydraulic equipment. Bidders must ensure compliance with industry standards and be able to demonstrate operational experience in similar product offerings. Documentation confirming legal status, financial viability, and prior project experience in supplying hydraulic tools and accessories must be submitted with the bid.

Bidders should present detailed technical specifications that include torque capacity, operating pressure range, and compliance with relevant quality standards such as ISO or equivalent. Equipment must include safety features and be suitable for various applications across the oil and gas industry. Additionally, manufacturers should provide compliance documentation and testing certificates to validate performance claims.

The performance security requirement typically involves providing a bank guarantee or surety amounting to a specific percentage of the contract value upon award. The performance security must be submitted within the stipulated timeframe after bid acceptance, ensuring that the successful bidder adheres to contract terms and conditions throughout the project lifecycle.

The tender requires that all documentation be submitted electronically via the designated online platform identified by OIL INDIA Limited. Bidders should ensure that their submissions are complete, complying with the required document formats, which may include PDF or other specifically requested formats. All submissions must be completed before the closing date outlined in the bid instructions.

Yes, the tender encourages participation from Micro, Small, and Medium Enterprises (MSEs), offering benefits such as price preferences and reduced financial guarantees. Additionally, MSEs are urged to provide documentation demonstrating their eligibility under the MSE criteria, fostering a diverse supplier base while promoting local manufacturing and economic growth in compliance with government procurement policies.