Government Tender Published for FUNK GEAR FOR WAIIIC(4) DRILLING RIG ( AS PER SPECIFICATIONS) in EAST SINGHBHUM, JHARKHAND

Details are provided in the tender document.

1. What are the qualification requirements for this tender?
   Bidders must provide an OEM Authorization Certificate and if seeking exemptions from experience or turnover criteria, supporting documents must be submitted. MSEs and Startups may also be eligible for exemptions subject to compliance with quality standards.

Bidders need to submit a technical proposal, financial proposal, OEM Authorization Certificate, and a self-declaration regarding local content. If exemptions are being sought, relevant supporting documents must also be included.

Interested bidders must register on the GeM portal where the tender is posted. Follow the registration procedures, ensuring that you meet all eligibility criteria to participate.

All documents should be submitted in PDF or image formats as specified in the bid instructions on the GeM portal.

5. What are the technical specifications required?
   The tender documentation details the technical specifications, which must be adhered to. Bidders can access the specific requirements through the Buyer Specification Document linked in the tender details.

Bidders must meet the quality and technical specifications outlined in the Buyer Specification Document. This includes adherence to local content criteria as defined in the tender.

Bidders should comply with both technical specifications and local content requirements as per Make in India policies. Failure to comply may lead to disqualification.

No inspection is required by any empanelled inspection authority; however, all submissions must meet the outlined specifications.

9. What are the Earnest Money Deposit (EMD) details for this tender?
   No EMD is required for this tender, easing participation for bidders.

A performance security of 5% of the contract value is to be submitted in the form of an ePBG or DD post-contract award.

Payment terms will be detailed in the contract post evaluation and award, and the successful bidder will receive payment as per agreed terms.

12. How do I submit my bid?
    Bids must be submitted electronically on the GeM portal before the bid closure date, following the specified submission instructions.

The bid begins on 18 December 2024 and closes on 08 January 2025. The opening of the bids is on the same day at 15:30 IST.

The evaluation will be performed based on total value-wise assessment, considering both technical and financial proposals. A reverse auction may follow for qualified bidders.

Results will be communicated to bidders through the GeM portal after the completion of the evaluation phase.

16. What benefits are available for MSEs?
    MSEs are exempt from experience and turnover criteria, provided they meet the specified quality and technical standards.

Startups can gain exemptions from certain criteria and are encouraged to participate provided they are registered under the Startup India initiative.

Preference is given to Class I and Class II local suppliers as defined under the Make in India initiative, with stringent local content requirements for qualification.