Tender Title: Supply of Control Valves

Tender Reference Number: GEM/2025/B/6088757

Issuing Authority:
Department: Indian Oil Corporation Limited
Ministry: Ministry of Petroleum and Natural Gas

Scope of Work and Objectives

The primary objective of this tender is to procure a variety of control valves, specifically designed to meet the operational requirements within the petroleum and natural gas sector. The scope includes the supply of 6-inch and 4-inch control valves as well as globe valves, tailored to specific pressure ratings and operational conditions. The successful bidder will be tasked with ensuring that the quality and specifications of the valves meet or exceed industry standards.

Eligibility Criteria

To participate in this tender, interested vendors must fulfill several eligibility criteria. These include being a registered entity within the appropriate regulatory frameworks. Companies should possess adequate experience in supplying control valves and hold relevant certification that affirms their capability to meet quality standards as laid out in the tender documents. Previous experience in similar projects will be advantageous.

Technical Requirements

Bidders are required to submit technical specifications that meet the identified needs, focusing on quality, durability, and compliance with international standards. The control valves should operate effectively under specified conditions, which may include pressure ratings of 300 lbs or equivalent. Detailed documentation outlining the valve materials, features, and testing methodologies is mandatory.

Financial Requirements

The successful bidder will be expected to provide proof of financial capability, which may include previous financial statements, credit lines, and any other relevant financial information that proves their ability to fulfill the contractual obligations associated with this supply of control valves. Bidders may also be required to submit an Earnest Money Deposit (EMD) as part of the proposal submission.

Document Submission Details

All proposals must include comprehensive documentation, including technical specifications, financial statements, and relevant certifications. Bidders will submit their proposals electronically through the designated procurement platform. It is critical that submissions are completed by the specified deadline to ensure consideration.

Special Provisions

This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups, offering specific benefits to promote inclusive business practices. Vendors falling under these categories should ensure that they highlight their status within their bids to avail themselves of these provisions.

Evaluation Process

Proposals will undergo a meticulous evaluation process, assessing both technical and financial aspects. The selection criteria will prioritize compliance with specified technical requirements, followed by a review of financial soundness and overall proposal quality. Bidders may be required to present additional information or clarification as requested during the evaluation phase.

Delivery Locations

The successful bidder will be responsible for the delivery of control valves to designated locations specified by the Indian Oil Corporation Limited in the tender documents. Timely delivery is a critical criterion for the evaluation of proposals.

Contact Information

For further inquiries regarding this tender, interested parties are encouraged to reach out through designated communication channels provided in the tender documentation.