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Invitation to Bid - Custom Bid for Services - Supply Fixing of Bonding wire for Tank Wagon Loading Arm at Kandla Fores

Bid Publish Date

22-Nov-2024, 7:09 pm

Bid End Date

07-Dec-2024, 8:00 pm

Value

₹3,41,728

Progress

Issue22-Nov-2024, 7:09 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Single Packet Bid

Categories 11

Indian Oil Corporation Limited invites bids for Custom Bid for Services - Supply Fixing of Bonding wire for Tank Wagon Loading Arm at Kandla Foreshore Terminal. Quantity: 1. Submission Deadline: 07-12-2024 20: 00: 00. Submit your proposal before the deadline.

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GEM

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Required Documents

1

Certificate (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

2

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Frequently Asked Questions

## What are the eligibility requirements for participating in government tenders?

The eligibility requirements often include being a registered entity with appropriate licenses. Companies must also have relevant experience in similar projects to foster trust and compliance. For specific exemptions, supporting documents must be provided for assessment.

What certificates are needed for compliance with tender requirements?

Bidders must present several required certificates, including a Certificate of Quality Assurance for materials, as well as compliance certifications relevant to the operational standards of bonding wire. It is essential to adhere to industry specs to qualify.

How can a bidder register for participating in this tender?

The registration process involves creating an account on the specified e-procurement platform. Potential bidders must provide valid organizational details and necessary documentation to complete the registration before submitting any bids.

What document formats are acceptable for submissions?

All accepted document formats must align with guidelines stated in the tender documents. Typically, common file formats such as PDF, DOCX, and XLSX are accepted, ensuring the integrity and readability of the submitted information.

Are there defined technical specifications to meet?

Yes, bidders must comply with explicit technical specifications related to the bonding wire usage. Adherence to these specs is crucial for ensuring safety and functionality during the operational phase of the installation.

What quality standards must the products comply with?

The products must adhere strictly to industry-set quality standards for materials intended for usage in safety-sensitive environments. This includes certification from relevant bodies guaranteeing their suitability for industrial operations.

What compliance requirements must be met before contract signing?

Bidders must demonstrate compliance with all requirements stipulated in the tender documentation. This includes providing certificates, fulfilling financial criteria, and validating technical capabilities.

What testing criteria need to be followed?

The engaged contractor must follow the testing criteria that may include extensively documenting and demonstrating that the bonding wires meet the safety and operational standards before actual deployment on-site.

What is the process for the Earnest Money Deposit (EMD)?

The EMD details require bidders to submit a specific monetary amount along with their bid, serving as a security for bid legitimacy. Failure to comply with this requirement can lead to disqualification from the selection process.

What are the performance security requirements for awarded contracts?

Performance security requirements mandate that the selected bidder provides a financial guarantee that covers non-fulfillment of contractual obligations. This is often a percentage of the overall bid value.

Can you explain the payment terms associated with this tender?

The payment terms outlined in the tender specify how and when payments will be processed post-delivery. Typically, payments are linked to project milestones and deliverables, ensuring a clear transactional pathway based on service completion.

What factors are considered during the price evaluation?

The price evaluation considerations focus on the overall cost-effectiveness, quality of materials proposed, and compliance with predefined specs. Bids that meet or exceed requirements while offering competitive pricing are ranked favorably.

What submission methods are permitted for this tender?

Bids must be submitted electronically via the official e-procurement platform. This ensures efficient processing and tracking of submissions while maintaining security and accessibility.

What are the key timelines and deadlines for this tender?

While the exact timelines and deadlines are detailed in the tender documentation, it is imperative for participants to adhere to submission timelines to avoid disqualification. Early submissions are encouraged to mitigate last-minute issues.

How does the evaluation and selection process work?

The evaluation and selection process is conducted based on predefined criteria that prioritize compliance with technical and financial requirements. Bids undergo thorough scrutiny to ensure the selected vendor meets all necessary standards.

When can bidders expect to be notified of results?

Notification of results follows the evaluation process, with successful bidders informed through determined communication channels. It's critical for all participants to monitor official announcements related to outcomes.

What benefits do Micro, Small, and Medium Enterprises (MSEs) receive?

Benefits for MSEs may include simplified qualifying criteria, relaxed turnover requirements, and potential preferences during the evaluation process, ensuring that smaller entities can competently compete.

Are there special provisions for startups in this tender?

Yes, provisions for startups generally include exemptions from certain financial and experience criteria, facilitating their participation and encouraging innovation within the industry.

How does this tender comply with 'Make in India' initiatives?

Compliance with 'Make in India' policies is a crucial consideration, encouraging local manufacturing and procurement practices that align with national economic objectives.

Are there any requirements regarding local content and procurement rules?

Local content and procurement rules necessitate companies to source materials and services locally, promoting domestic industry. Participants must meet specified benchmarks to qualify for governmental contracts.