Bearing Housing (C.I.) SR Type Oil Lub.

The eligibility requirements include being a registered entity in manufacturing or supplying bearings, providing proof of previous similar contracts, and ensuring compliance with local procurement guidelines. Participation is encouraged for both large firms and eligible Micro, Small, and Medium Enterprises (MSEs) to foster diverse supplier engagement.

Bidders must submit certificates showing compliance with recognized quality standards relevant to industrial manufacturing. Additionally, appropriate business registration documents and any certifications proving adherence to local content rules may be necessary to establish legitimacy and qualification.

The registration process generally involves submitting an official bid proposal along with all necessary technical and financial documents through the designated electronic submission platform. It is crucial to adhere to submission formats outlined in the tender documentation, ensuring all documents are complete and accurate to avoid disqualification.

Yes, bidders are required to demonstrate financial capability by submitting a performance security. This may involve a bank guarantee or similar assurance, where the amount is typically expressed as a percentage of the contract value. This security is essential to ensure compliance and fulfillment of contractual obligations.

Micro, Small, and Medium Enterprises (MSEs) and startups benefit from special provisions aimed at promoting their involvement. This includes reduced financial burdens and support in navigating compliance with local procurement policies, thus making the bidding process more accessible while encouraging innovation and competition in the supply chain.