INDIAN OIL CORPORATION LIMITED Tender by Indian Oil Corporation Limited (GEM/2024/B/5512507)

The eligibility requirements for this tender include being a registered entity capable of fulfilling the contract requirements. Bidders must provide documentation to demonstrate compliance with industry standards, previous experience, and valid certifications.

Bidders are required to submit relevant certificates that may include ISO certifications, Manufacturer’s Original Equipment Manufacturer (OEM) certification, and other industry-specific approvals that validate their expertise and reliability in providing the parts.

To participate, you must complete the registration process on the GeM portal (Government e-Marketplace). Ensure that all necessary information is submitted to register as a vendor and to gain access to tender details.

The accepted document formats for submissions typically include PDF and other specified file types as per the tender guidelines. Ensure that you review the requirements outlined in the tender documentation to avoid disqualification.

Bidders are expected to meet technical specifications that define compatibility with BHEL HT motors, including dimensions, materials, and performance characteristics. Details are specified in the tender documents to ensure compliant product offerings.

All products supplied must conform to specific quality standards set forth in the tender documents. These standards ensure that the spares provided will perform under operational conditions without compromising functionality.

Yes, bidders must comply with various regulatory and compliance requirements as determined by the issuing authority. This includes adherence to procurement laws and regulations applicable to public sector undertakings.

Bidders will be required to submit performance security as part of the bidding process, typically in the form of a bank guarantee or demand draft, safeguarding against non-performance or breach of contract conditions.

Payment terms are specified in the bid document and generally include provisions for advance payments, milestone payments, or final settlement post-delivery and acceptance of the goods.

The price evaluation will consider the total value of each bid to determine the most cost-effective proposal while ensuring all other specified criteria are met. The focus will be on finding the best balance between price and quality.

Bidders must submit their bids electronically on the GeM portal. Only submissions through this designated channel will be accepted to ensure integrity and traceability in the evaluation process.

The timeline includes critical deadlines for bid submission, opening, and evaluation, as detailed in the tender documents. Bidders should ensure they remain compliant with the stipulated dates.

The evaluation and selection process will be managed by a committee that reviews each bid against the mandated criteria, capturing technical compliance and pricing alignment for optimal selection.

Bidders will typically receive notifications of results through the GeM platform, where they can view the outcomes of their submissions and any next steps if selected.

The tender includes specific provisions for Micro, Small, and Medium Enterprises (MSEs), including preferential evaluation, financial support, and opportunities tailored to encourage participation and maximize their competitiveness.

Startups may have access to special consideration within the evaluation process, promoting innovation and ensuring equitable opportunities to engage in government contracts as outlined in the tender documents.

Yes, compliance with Make in India policies is a crucial aspect of this tender. Bidders are encouraged to demonstrate their alignment with these initiatives through local sourcing and manufacturing strategies.

Bidders are required to comply with local content requirements, ensuring that a defined percentage of goods or services are sourced from within the country to promote domestic industry and support local economies.