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Tender Title: Gold Purity Testing Machine
Reference Number: 5f7eedac
Issuing Authority/Department: Ministry of Finance, Banking Sector
Scope of Work and Objectives
The objective of this tender is to procure gold purity testing machines for the efficient evaluation of gold purity. This equipment is essential for accurate and reliable testing as part of the banking sector's operations, enhancing trust and standards in transaction processes involving gold. The approved models for this tender are VJPALA, VJPONN, and VJKIZH, with a total procurement quantity of five units.
Eligibility Criteria
To qualify for this tender, interested bidders must be registered entities with credentials that establish their capability in supplying laboratory-grade testing equipment. Bidders must not have any active or previous blacklisting against them and should possess the necessary certifications for manufacturing or distributing test instruments pertaining to precious metals.
Technical Requirements
The technical specifications for the gold purity testing meters include operational accuracy, user interface ease, durability, and compliance with industry standards. The equipment must come equipped with features that provide precise readings on gold purity, and bidders should include a detailed technical proposal highlighting available models and capabilities.
Financial Requirements
Bidders are required to submit a competitive financial proposal alongside their technical bid. Additionally, the submission must include a clear cost breakdown for the gold purity testing machines, including transportation and installation fees, if applicable. All costs should be presented in a detailed format to facilitate the evaluation process.
Document Submission Details
Bids must be submitted electronically through the designated procurement platform. All submitted documents must be completed accurately, with clear identification of each section as per the provided templates. Any failure to comply with submission protocols can result in disqualification from the tender evaluation process.
Special Provisions
This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups, highlighting dedicated benefits such as relaxed eligibility criteria and potential financial concessions. Adherence to 'Make in India' policies must be evidenced through applicable certifications to foster local manufacturing.
Evaluation Process
The evaluation will be conducted through a two-stage process, where technical bids are assessed first, followed by financial proposals from eligible bidders who meet the technical specifications. The Ministry of Finance will ensure a transparent and fair evaluation process based on pre-determined evaluation criteria.
Delivery Locations
The successful bidders will be required to deliver the products to designated locations specified by the Ministry of Finance within stipulated timelines, ensuring the installation process complies with the outlined quality standards.
Contact Information
For inquiries concerning this tender, stakeholders are encouraged to reach out through the official communication channels provided on the procurement portal. Make sure to include all relevant details for swift responses.
Tender BOQ Items
5 ItemsGeneral Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments Required from Seller
- Experience Criteria
- Past Performance
- Bidder Turnover
- Certificate (Requested in ATC)
- OEM Authorization Certificate
- OEM Annual Turnover
- Compliance of BoQ specification and supporting document *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
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Frequently Asked Questions
The eligibility requirements include being a registered entity, holding necessary licenses to manufacture or supply gold purity testing equipment, and having no active blacklisting by any regulatory body. Companies are encouraged to prove their background in similar projects to enhance their qualification for this tender.
Bidders must present valid certifications relevant to gold purity testing equipment, including ISO certifications and any model-specific approvals that verify compliance with quality and safety standards. These documents ensure that the products meet operational capabilities as stipulated in the technical requirements.
Interested parties can complete the registration process via the designated electronic submission platform. This includes filling out the necessary forms, submitting required documents, and agreeing to the terms specified by the Ministry of Finance for compliance. It is recommended to prepare all documents in advance to avoid delays.
Accepted document formats for submission include PDF for technical and financial proposals. Bid documents should be clearly labeled and structured as per the tender’s guidelines to facilitate the evaluation process. The entire submission should include all required certifications and compliance documents.
The payment terms will be outlined in the procurement guidelines, generally involving milestones based on delivery and installation phases. Successful bidders should anticipate the need for performance security deposits as stipulated, which often protects against non-compliance with the contract terms. Additionally, final payments are contingent upon satisfactory validation of equipment as per testing criteria set forth in the tender.
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