Bids are Invited For V-Belt as per tender specifications-5408080764,V-Belt as per tender specifications-5408090784,V-Bel in PANIPAT, HARYANA

The eligibility requirements include being a registered entity, providing proof of experience in the supply of V-Belts or similar products, and holding necessary certificates. Compliance with the procurement rules set forth by the Ministry of Petroleum and Natural Gas is essential, ensuring that all entities meet industry standards for participation.

The V-Belts must adhere to specific technical specifications outlined in the tender, which include material properties, dimensions, and performance tests. Each product submitted must undergo quality assurance checks and meet the benchmarks that ensure durability and performance as required by the INDIAN OIL CORPORATION LIMITED.

The earnest money deposit (EMD) is a requisite financial security provided by bidders as part of their bid. It ensures the commitment of the bidder to follow through with their proposal and is refundable under specific conditions. Bidders must comply with the financial security requirements outlined in the tender documentation to participate.

The submission process involves uploading required documents via the designated online portal, adhering to the guidelines provided in the tender documentation. Bidders must ensure that all documentation, including technical and financial details, are submitted on or before the specified deadlines to avoid disqualification.

Yes, the tender includes specific provisions that favor Micro, Small, and Medium Enterprises (MSEs). This includes simplified evaluation criteria and support mechanisms intended to enhance the participation and success rate of MSEs. Startups may also benefit from additional provisions aimed at fostering innovation and local procurement strategies.