Tender Title: Globe Valve
Reference Number: 13feb30a8
Issuing Authority: INDIAN OIL CORPORATION LIMITED
Department: Ministry of Petroleum and Natural Gas

The Globe Valve tender invites suppliers to submit bids for the procurement of various types of globe valves. This initiative aims to acquire total quantities of 16 units distributed among five distinct types of globe valves, ensuring operational flexibility within the oil and gas sector. The types specified include Globe valve 1, 2, 3, 4, and 5.

Scope of Work and Objectives

The primary objective of this tender is to establish a reliable procurement process for globe valves that meet stringent industry standards. The selected bidders will provide high-quality valves essential for operational efficiency and safety in petroleum and gas distribution systems.

Eligibility Criteria

To qualify for bidding, suppliers must be registered entities compliant with local laws and should possess relevant experience in supplying industrial valves. Bidders may also be required to demonstrate previous projects of similar nature to establish their capability in the fulfillment of this contract.

Technical Requirements

Bidders are expected to meet specific technical specifications concerning material composition, pressure ratings, and functionality of the globe valves. Each product should comply with recognized industry standards, ensuring reliability and durability in demanding operational environments. Detailed specifications will be provided within the tender documents.

Financial Requirements

All participating suppliers must prepare a detailed financial proposal outlining costs associated with the delivery of the specified valves. Payment terms and conditions will be discussed during the evaluation phase, ensuring transparency and mutual agreement.

Document Submission Details

All documentation must be submitted via the designated portal. Bidders are required to adhere to the submission format specified in the tender guidelines. It is imperative that all documents are submitted by the deadline to ensure consideration.

Special Provisions

The tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups, providing them with a potentially advantageous position through simplified qualification requirements. These provisions are designed to stimulate local business growth in line with 'Make in India' policies.

Evaluation Process

Bids will undergo a stringent evaluation process based on both financial and technical criteria. The emphasis will be placed on the quality of the proposals and alignment with the technical specifications outlined. The multiple packet evaluation system will be employed, enabling a comprehensive assessment.

Delivery Locations

The delivery of items shall occur at locations specified within the tender document. It is expected that all products will be delivered promptly to ensure seamless operations.

Contact Information

For further clarification or assistance, please refer to the contact details provided in the tender documentation.

Conclusion

This tender represents a critical opportunity for suppliers to engage with one of India's leading oil corporations. By participating, bidders contribute to significant projects within the petroleum sector, advancing their position within the industry.