Tender Title: Rate Contract for Revisioning and Testing of Valves
Tender Reference Number: GEM/2025/B/6151740
Issuing Authority/Department: Indian Oil Corporation Limited, Ministry of Petroleum and Natural Gas
Scope of Work and Objectives
The primary objective of this tender is to establish a rate contract for the revisioning and testing of valves, including Pressure Safety Valves (PSVs). The services will be performed at the Panipat Refinery and Petrochemical Complex. The successful bidder will be responsible for ensuring that all valves function efficiently and comply with the stringent safety and operational standards outlined by the Ministry of Petroleum and Natural Gas.
Eligibility Criteria
To qualify for this tender, bidders must be registered entities with experience in servicing and testing mechanical components, particularly valves. All participating companies must demonstrate capability through past performance or relevant certifications to maintain high operational standards in line with industry requirements.
Technical Requirements
Bidders must adhere to the technical specifications that govern the revision and testing procedures for valves. This encompasses the provision of skilled personnel and the necessary tools for thorough testing. Quality standards must comply with international and national regulatory requirements, ensuring that all tested valves meet acceptable safety and efficiency benchmarks.
Financial Requirements
Bidders are required to provide a comprehensive financial proposal that includes potential costs associated with the revision and testing services. Transparency in pricing and a detailed breakdown of costs will be critical in the evaluation process.
Document Submission Details
All necessary documentation must be submitted in a clear and organized manner, including the technical and financial proposals, within the specified timeline. Bidders should ensure that all documents are formatted appropriately and comply with submission guidelines to avoid disqualification.
Special Provisions
Provisions encouraging participation from Micro, Small, and Medium Enterprises (MSEs) and startups will be recognized. This initiative aims to promote inclusivity in the bidding process and foster local participation in governmental projects.
Evaluation Process
The evaluation process will involve a thorough review of all submitted documents, with a focus on compliance with eligibility and quality criteria. Bids will be assessed based on the technical proficiency and financial viability of the proposal, leading to the selection of a qualified contractor.
Delivery Locations
All services will be provided at the Panipat Refinery and Petrochemical Complex. Bidders should ensure their capability to mobilize promptly to this location.
Contact Information
For any inquiries or further clarification regarding the tender, prospective bidders are encouraged to reach out through official channels as indicated on the tender notice.
This tender seeks to foster a competitive environment that aligns with national interests and safety standards, ensuring that the revisioning and testing of valves at the Panipat Refinery are executed effectively, thus promoting operational excellence in the petrochemical sector.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
11 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC) *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 to participate in this tender include being a registered entity with the necessary experience in the service and testing of mechanical valves. Companies must provide proof of past projects similar in nature to demonstrate their capability. Compliance with all relevant safety and operational standards is essential, and bidders may be required to present certifications supporting their technical expertise.
Bidders are required to submit various certificates, including their business registration, relevant technical expertise documentation, and any certifications related to quality management standards (such as ISO certifications). This documentation will support their eligibility and the technical capability required to meet the standards set by the Ministry of Petroleum and Natural Gas.
The registration process involves creating an account on the relevant government e-marketplace platform where the tender is published. Bidders must fill in their organizational details, upload necessary documents, and comply with all requested formats and protocols. It is imperative to carefully read the tender documentation to ensure all criteria are satisfactorily met during registration.
The payment terms will depend on the contractual agreement established post-selection, typically including milestone payments upon the successful completion of services rendered. As part of the compliance requirements, bidders may also be required to submit a performance security deposit to guarantee the completion of the work as per the contractual obligations.
The evaluation and selection process will focus on both the technical and financial submissions made by bidders. The evaluation committee will weigh these components against the eligibility requirements and quality standards set forth in the tender documentation. Those bidders that demonstrate comprehensive solutions and value-for-money will be prioritized for selection. Results will be formally communicated to participating bidders once the evaluation concludes.
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