INDIAN OIL CORPORATION LIMITED Tender by Indian Oil Corporation Limited (dde8c33a)
VALVE RFQ ITEM NO. 10,VALVE RFQ ITEM NO. 20,VALVE RFQ ITEM NO. 30,VALVE RFQ ITEM NO. 40,VALVE RFQ I
Tender Timeline
Overview
The tender titled dde8c33a is issued by the Indian Oil Corporation Limited, under the auspices of the Ministry of Petroleum and Natural Gas. This tender addresses the procurement of various valve RFQ items, effectively categorizing them into multiple types, including items numbered from 10 to 480. This wide-ranging scope relates to a total quantity of 1516 valves needed for various applications within the petroleum sector.
Scope of Work and Objectives
The objective of this tender is to solicit competitive bids for the supply of specified valve RFQ items that meet the required technical specifications. The scope extends to assessing the vendors' ability to deliver high-quality products that adhere to industry standards while promoting a competitive marketplace. The successful completion of this project is paramount in ensuring seamless operations within Indian Oil Corporation's extensive network.
Eligibility Criteria
To participate, bidders must meet specific eligibility requirements set forth by the issuing authority. Eligibility includes being a registered entity with relevant business operations that align with the nature of this tender. Bidders must demonstrate previous experience in supplying similar products and must comply with all legal and regulatory requirements applicable to the procurement process.
Technical Requirements
Participants in this tender are required to submit products that comply with established technical specifications and quality standards. These specifications focus on durability, reliability, and performance characteristics essential for the valves in question. Compliance with national and international standards is a prerequisite for acceptance of any bids.
Financial Requirements
All bidders must provide a detailed financial proposal outlining their pricing structures, including any taxes and additional costs associated with the delivery and installation (if applicable). Additionally, bidders may be required to furnish an Earnest Money Deposit (EMD) as a part of their submission to confirm their commitment to fulfilling the contract if awarded.
Document Submission Details
Bids must be submitted electronically through the designated procurement platform. All necessary documents pertaining to the technical and financial proposals should be provided in accepted formats to ensure smooth processing of bids. Failure to submit the required documents in the correct format can lead to disqualification from the evaluation process.
Special Provisions
This tender provides advantages for Micro, Small, and Medium Enterprises (MSEs) and may include provisions for startups to encourage their participation. These initiatives are designed to foster inclusivity within the tendering process, thereby enhancing competition and innovation.
Evaluation Process
The evaluation of submitted bids will take place following a stringent assessment procedure to ensure that the most capable suppliers are awarded contracts. Bids will be scrutinized based on technical compliance, financial viability, and overall value proposition. The selected vendors will be notified post-evaluation.
Delivery Locations
The valves procured through this tender will be delivered to designated locations determined by the Indian Oil Corporation. Specific delivery instructions will be provided to successful bidders to ensure a smooth handover of goods.
Contact Information
For inquiries related to this tender, bidders are encouraged to refer to the official communication channels provided by the Indian Oil Corporation Limited. It is essential to follow proper protocols when seeking clarification on tender specifics.
Tender BOQ Items
59 ItemsGeneral Information
Financial Information
Evaluation and Technical Information
Tender Documents
6 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (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 include being a registered entity, possessing experience in delivering similar valve products, and complying with all legal and regulatory requirements relevant to the tender process. Bidders must demonstrate their capability to meet the technical specifications and financial prerequisites outlined in the tender.
Participants must provide certificates demonstrating compliance with technical standards, quality assurance, and regulatory frameworks applicable to valves. Additionally, suppliers may need to present tax registration certificates and proof of previous contracts for similar products to establish credibility.
Bidders must register on the designated procurement platform by creating an account. The registration will involve supplying necessary business details and uploading relevant documents to verify eligibility. Post-registration, users can access the tender and submit their bids accordingly.
The accepted document formats for submission typically include PDF, DOCX, and Excel for financial proposals. It is crucial for bidders to adhere to the prescribed formats to avoid disqualification due to non-compliance with submission requirements.
MSEs can benefit from the tendering process through dedicated reserves that allow for enhanced participation and opportunities to engage in government procurement. These provisions encourage a diverse supplier base and promote equitable access to contract opportunities. Companies are welcomed to present their capabilities in line with the prescribed guidelines to avail these benefits.
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