Rashtriya Ispat Nigam Limited Steel Procurement Tender Visakhapatnam 2026 - LANDED COST per MT, Govt Lab Test Certificate

Tender Overview

Rashtriya Ispat Nigam Limited (RINL) invites bids for steel-related procurement to supply items under a single source framework for Visakhapatnam Steel Plant Stores. The contract contemplates 11 BOQ items with a flexible quantity option allowing up to 25% above contracted quantity and a delivery period linked to the original schedule. Pricing is on a LANDED COST per Metric Ton basis, valid through contract completion. Bidder must submit a Bid Security Declaration and comply with third-party pre-dispatch inspection. Local MSEs have a favorable payment window, while non-MSEs follow standard terms.

• Organization: Rashtriya Ispat Nigam Limited (RINL)
• Location: Visakhapatnam, Andhra Pradesh
• Project scope: 11 items across steel-related supply with inspection and certification requirements
• Key differentiator: Price quoted as landed cost, inclusive of freight, packing, transit insurance, and taxes
• Unique aspects: Government lab test certificates required; inspection via third-party agency; price resilience via 25% quantity option

Technical Specifications & Requirements

• Pricing basis: LANDED COST per Metric Ton; price quoted on FOR Visakhapatnam Steel Plant Stores basis
• Delivery flexibility: Option to increase order quantity up to 25% during contract; extended delivery time computed as (Increase/Original) × Original delivery period, minimum 30 days
• Quality/Certification: Test Certificate to be issued by a Govt/Govt approved Lab; Pre-dispatch inspection by a third-party appointed by Buyer
• Source/availability: Number of sources: 01; bidders from blocked vendor list disqualified
• Payment terms: 100% payment through RTGS/NEFT on receipt and acceptance (GARN) on 45th day for non-MSEs and non-local MSEs; 21st day for local MSEs with supporting documents
• Delivery scope: Delivered on FOR VSP Stores basis; firm price till completion; auction value determined by landed cost
• Documentation: Compliance with standard tender documentation; test certificates and supplier premises inspections included
• Inspection: Pre-dispatch inspection conducted at supplier premises by a third-party agency

Terms, Conditions & Eligibility

• Bid Security Declaration required in lieu of Earnest Money Deposit
• Payment terms: 100% payment via RTGS/NEFT on receipt/acceptance; local MSEs enjoy earlier payment (21st day) with documents; no interest loading on prices
• Price firm: Quoted price remains fixed till completion; landed cost per MT basis, FOR Visakhapatnam Steel Plant
• Quantities: Option to increase quantity by up to 25%; supplier must be prepared for revised PO quantities
• Eligibility: Only one source permitted; vendors in RINL material group 06013 are ineligible
• Inspection/Testing: Pre-dispatch inspection by third-party; Gov’t-lab TC required
• Documentation: Submit GST, PAN, experience certificates, financial statements, EMD/BD, OEM authorizations, technical bid, etc.
• Delivery & penalties: Delivery period linked to original order; penalties/LD as per contract terms if delivery not met