INDIAN OIL CORPORATION LIMITED Tender by Indian Oil Corporation Limited (GEM/2024/B/5446191)

The eligibility requirements include being a registered entity, possessing the necessary certifications related to pumping systems, and having a history of supplying similar equipment. Participation from Micro, Small, and Medium Enterprises (MSEs) is also encouraged, provided they meet the mandatory criteria outlined in the tender.

Bidders must submit certificates related to manufacturing capabilities, quality assurance standards, and compliance with safety regulations. Specific certifications validated by relevant authorities should accompany the submission to ensure adherence to industry standards.

To register, interested bidders should access the GeM portal, create an account if necessary, and follow the instructions outlined for vendor registration. Registration must be completed prior to submitting a bid for this tender.

All documents should be submitted in PDF format, unless otherwise specified in the Additional Terms and Conditions (ATC). It’s essential to ensure that all files are clearly named and appropriately scanned to maintain clarity.

Technical specifications include specific performance ratings such as flow capacity, compatibility with gas turbine systems, and durability under operational stress. Detailed specifications are provided in the main tender document which bidders must comply with.

Yes, bidders must adhere to high quality standards as mandated by the Indian Oil Corporation Limited, which emphasizes reliability and performance in all supplied equipment. Compliance with ISO and industry-recognized benchmarks is critical.

Bidders must ensure compliance with all specifications outlined in the tender documents, including technical, financial, and certification requirements. Any discrepancies may result in disqualification during the evaluation process.

Testing criteria will be based on performance benchmarks outlined in the tender. Bidders should prepare for rigorous testing situations to validate the performance capabilities of the Jacking Oil Pumps once supplied.

The Earnest Money Deposit (EMD) is a security measure required to ensure that bidders are serious about their bids. The specific amount and relevant details are articulated in the tender documents and must be adhered to during submission.

Yes, performance security may be required to safeguard against default on contract terms. Details about the amount and terms will be provided in the tender documents.

Payment terms will be outlined in the contract awarded upon successful bidding. Generally, terms include advance payments, milestone payments, or upon successful delivery. Complete details will be provided post-contract award.

Price evaluation will consider the total value of the bids, along with compliance to technical specifications and overall viability of the proposals. It’s imperative to ensure competitive yet realistic pricing.

All bids must be submitted electronically through the GeM portal before the specified deadline. Physical submissions are not accepted unless explicitly stated.

Key timelines include the submission deadline for bids, bid opening dates, and any subsequent communication about the award process. All stakeholders should refer to the main tender document for specific dates.

The evaluation and selection process will involve a detailed review of all bid submissions against the established criteria in the tender documents. Factors such as compliance, technical alignment, and financial offerings will play pivotal roles in the final decision.

The notification of results will be communicated through the GeM portal, where all updates regarding the evaluation and contract awards will be posted for public access.

MSEs may avail certain benefits as recognized by the policies supporting their participation. Interested bidders should review specific provisions mentioned in the tender documents to understand the advantages available to them.

Yes, certain provisions may apply to encourage participation from startups in keeping with government norms aimed at promoting innovation and entrepreneurship. Details are usually included in the tender documentation.

Bidders should ensure all products are sourced and manufactured in accordance with the ‘Make in India’ guidelines. Compliance will be necessary for the awarding of the contract and promotes domestic manufacturing standards.