Tender Title: Procurement of Bearing at IOCL Barauni Refinery
Reference Number: GEM/2025/B/6149435
Issuing Authority: Indian Oil Corporation Limited (IOCL)
Department: Ministry of Petroleum and Natural Gas
The Procurement of Bearing at IOCL Barauni Refinery is a significant tender aimed at enhancing the operational efficiency of refining processes through the procurement of high-quality bearings. This tender delivers a structured approach to the procurement of several ECO items, grouped into different categories including, but not limited to, ECO Item 10, ECO Item 20, and others.
Scope of Work and Objectives
The primary objective of this tender is to secure the supply of a total of 500 bearings across various ECO item categories that will be utilized in the operations of the Barauni Refinery. The bidding contractors are expected to demonstrate their capability to deliver products that meet both the technical and quality standards outlined in the tender. The awarded contract will contribute to improving the refinery's efficiency and reliability in meeting its production targets.
Eligibility Criteria
Bidders must satisfy several eligibility criteria to qualify for this tender. Generally, they must be a registered entity with a proven track record in the manufacturing or supply of engineering components. Moreover, compliance with technical specifications regarding the bearings is mandatory. Evidence of previous successful contracts similar in scope will enhance the bidder's qualifications.
Technical Requirements
Participants must adhere to specified technical requirements, ensuring that all products comply with established quality standards. These requirements will include details related to material specifications, dimensions, and performance metrics, which bidders should comprehensively incorporate in their proposals.
Financial Requirements
Bidders are required to demonstrate financial stability through relevant documentation, supporting their ability to fulfill the contractual obligations. This may include balance sheets, profit and loss statements, and other evidence of financial health.
Document Submission Details
All responses to the tender must be submitted through the designated electronic portal. Documents should be well-organized and formatted according to the instructions provided in the tender which includes specifications for layout and required documentation.
Special Provisions
This tender incorporates special provisions for Micro, Small, and Medium Enterprises (MSEs), as well as startups, offering them benefits that support their participation in the tendering process. This commitment is in line with government policies aimed at enhancing the contribution of smaller enterprises in large projects.
Evaluation Process
Submissions will undergo a detailed evaluation process, assessing both technical and financial aspects of the bids. Bids will be reviewed based on compliance with the eligibility criteria, adherence to technical specifications, and overall financial stability. Preference may be given to bidders demonstrating credentials in quality compliance.
Delivery Locations
The bearings will primarily be delivered to the IOCL Barauni Refinery. Contractors must outline their ability to meet the delivery timelines specified.
Contact Information
For further clarifications, participants may contact the issuing authority via the contact methods listed in the tender document. Ensure that inquiries are directed appropriately to receive accurate information.
This tender represents a unique opportunity for qualified suppliers to contribute significantly to the operations of IOCL, thereby aligning with broader strategic goals to enhance refinery capabilities and operational excellence.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
8 DocumentsDocuments Required from Seller
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Compliance of BoQ specification and supporting document *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 that bidders must be registered entities and should provide evidence of previous experience in supplying similar engineering components. Companies must demonstrate compliance with specific technical specifications to be considered.
Bidders are required to submit relevant certificates that verify their compliance with industry standards. This may encompass quality assurance certifications, manufacturing standards, and other credentials that assert the company’s eligibility and capability to fulfill the contract effectively.
To register for the tender, interested parties must follow the registration process on the official tendering platform. Detailed guidelines are provided within the tender documentation, outlining the necessary steps and required documentation for successful registration.
Documents must be submitted in specified formats which typically include PDF, DOC, and Excel as outlined in the tender details. It’s advisable to strictly adhere to the accepted document formats to avoid rejection or disqualification of bids.
Bidders are required to furnish a performance security as part of the bidding process, ensuring their commitment to fulfilling the contract terms. The specifics regarding the amount and nature of the performance security will be detailed within the tender document. Additionally, bidders must be aware of the payment terms and compliance requirements as outlined therein.
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