Contract Bidding Open For CAPACITOR BANK (BOX TYPE) 3 PHASE 440 V 50 HZ, HEAVY DUTY POWER CAPACITOR, DELTA CONNECTION WITH DI in BHANDARA, MAHARASHTRA

The eligibility requirements for bidding on this tender include being a registered entity capable of supplying power equipment. Bidders should also demonstrate relevant experience and compliance with local regulations, particularly related to local content and MSE provisions, which encourage wider participation.

Bidders must provide valid certificates that demonstrate compliance with industry standards for electrical equipment. This includes safety certifications, quality assurance documentation, and any relevant registration certificates from official authorities to affirm eligibility and technical capability.

To participate, suppliers must register through the specified online tender platform. All documents must be submitted in approved formats, such as PDF or DOCX, ensuring that they are correctly structured and readable to facilitate the evaluation process.

An Earnest Money Deposit (EMD) is generally required to secure the proposal. The specific amount will be outlined in the tender documents. Bidders must also be prepared to provide performance security, typically a percentage of the total contract value, upon successful bid acceptance to ensure compliance with the contract terms.

Micro, Small, and Medium Enterprises (MSEs) and startups hold significant advantages in this tender. Provisions may include preferential evaluation criteria and support for registration processes. This aligns with governmental initiatives to promote 'Make in India' policies aimed at boosting local manufacturing and entrepreneurship.