Bids are Invited For 5.1/2" BRIDGE PLUG 17-23PPF,ADAPTOR KIT FOR 5-1/2" WIRELINE BRIDGE*,BRIDGE PLUG 5-1/2" 10000 PSI 27 in MAHESANA, GUJARAT

The eligibility requirements include being a registered entity, possessing relevant experience in supplying oil and gas components, and demonstrating financial capacity. Bidders should be compliant with local regulations and standards related to procurements in the petroleum sector.

Products must conform to the specified technical specifications, which include the provision of 5-1/2" Bridge Plugs with a 10,000 PSI pressure rating. Additionally, compatibility with existing wireline systems and necessary performance documentation is required to ensure compliance.

MSEs interested in the tender need to submit documentation proving their financial stability and ability to meet tender obligations. This typically includes recent balance sheets, proof of capability to deliver specified quantities, and historical performance records for similar contracts.

The payment terms will be clearly outlined in the tender documents, commonly structured around milestone deliveries and upon satisfactory receipt of goods. A performance security may be required to ensure that the vendor meets the obligations as stated in the tender, further safeguarding the interest of the Ministry of Petroleum and Natural Gas.

Yes, there are specific provisions that favor startups and MSEs. These include easier qualification criteria, potential financial incentives, and a focus on local content, designed to encourage participation and support India’s Make in India initiative.