Development/Customization, Supply, Implementation and Maintenance of Elocking System

The eligibility requirements for this tender include that bidders must be registered entities with prior experience in development and maintenance services related to security systems. Additionally, compliance with relevant industry standards and the capacity to deliver effective solutions tailored to the Indian Oil Corporation’s requirements is essential.

Participants need to submit several mandatory certificates, including but not limited to:

• Quality certification (e.g., ISO).
• Registration certificates as proof of business legitimacy.
• Any other documents that demonstrate compliance with regulatory standards and specific technical capabilities relevant to the project.

Bidders are required to register through the GEM portal by creating an account and entering all necessary details. Accepted document formats include PDF, DOCX, and XLSX, ensuring they meet the outlined submission guidelines as specified in the tender documentation.

Bidders should be cognizant of the payment terms associated with the contract, which typically stipulates a structured release of payments based on key project milestones. Additionally, successful bidders will be required to provide performance security to ensure compliance with the terms of service, usually defined as a percentage of the total contract value.

The evaluation and selection process will consider multiple factors, including the competitive pricing of bids, demonstrable technical skills, the robustness of proposed solutions, and adherence to quality standards. Bidders will be scored based on a comprehensive matrix designed to assess both qualitative and quantitative aspects of their submissions.