Tender Title and Reference Number

The eligibility requirements include being a registered entity, having previous experience with large distribution transformer projects, and compliance with local industrial regulations. Bidders must also submit necessary proof of financial capabilities, ensuring they can handle the contract’s financial scope.

Participants must include certificates proving compliance with Indian Standards (IS) for transformers. This includes quality assurance certifications and safety compliance documentation. Furthermore, valid registration certificates and any additional licenses mandated by local regulations are also required.

Bidders must complete their registration on the GEM platform and ensure that all documentation aligns with the tender requirements. Documentation must be submitted in the specified formats and be verified for completeness before the submission deadline. Compliance with the specified eligibility criteria and technical specifications is crucial for consideration.

Bidders must provide a performance security guarantee, generally in the form of a bank guarantee, which ensures compliance with contract terms post-award. The amount typically corresponds to a percentage of the contract value; details will be specified in the tender documents along with the submission process.

Payment terms are typically defined in the tender agreement. Generally, it includes conditions such as advance payment on certain milestones, and retention amounts against performance guarantees. Bidders should prepare financial proposals that align with standard industry practices whilst remaining competitive in the overall evaluation process.