Tender Title: Carousel Spares
Tender Reference Number: GEM/2025/B/6151780
Issuing Authority/Department:
This tender is being issued by the Indian Oil Corporation Limited, operating under the oversight of the Ministry of Petroleum and Natural Gas.
Scope of Work and Objectives
The primary objective of this tender is to supply essential carousel spares for operations pertaining to the smooth functioning of the affiliated systems within the Indian Oil Corporation. This encompasses the procurement, quality assurance, and timely delivery of the specified components to ensure uninterrupted operational capabilities.
Eligibility Criteria
To qualify for this tender, bidders must meet specific eligibility requirements. Participants should be registered and recognized legal entities under applicable laws. Furthermore, it is necessary for bidders to demonstrate previous experience in supplying similar products, alongside the ability to comply with the technical requirements established in this document.
Technical Requirements
The technical requirements encompass compliance with industry standards, as well as precise specifications outlined for carousel spares. Bidders are expected to provide documentation verifying compliance with relevant technical certifications and standards associated with the particular items being tendered.
Financial Requirements
Bidders must submit a bid worthy of their financial capabilities, including ensuring they have the capacity to fulfill large orders if necessary. Additionally, evidence of a Performance Security which guarantees the execution of the contract upon award must be provided. Familiarity with payment terms is essential to establish financial legitimacy.
Document Submission Details
All tender documents must be submitted through the prescribed electronic submission platform. Interested parties must ensure their submissions include all required documentation as specified in the tender documents, including but not limited to technical specifications, financial statements, and compliance certifications.
Special Provisions
This tender allows for Micro, Small, and Medium Enterprises (MSEs) to receive certain benefits designed to encourage their participation in governmental contracts. Startups may also find provisions that support their involvement, contributing to a more inclusive procurement process.
Evaluation Process
The evaluation of bids will follow a structured process, focusing on both technical and financial criteria. Bidders will be assessed based on their capacity to meet the specifications and their overall financial offer. Factors such as experience, quality standards compliance, and delivery schedules will play key roles in the evaluation.
Delivery Locations
All deliveries must be made to designated locations as specified in the tender documents. Timely delivery is paramount, and adherence to the stipulated timeline will be assessed during the evaluation process.
Contact Information
For further inquiries regarding this tender, please consider reaching out to the purchasing department of the Indian Oil Corporation Limited using the contacts generally provided in official documentation.
By fulfilling the requirements of this tender, you can contribute to the operational efficiency of India's petroleum sector while complying with all standard and special regulations.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
5 DocumentsDocuments Required from Seller
- Experience Criteria
- Past Performance
- Bidder Turnover
- OEM Authorization Certificate
- Additional Doc 1 (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, adhering to the technical specifications outlined in the tender, and demonstrating previous experience in supplying carousel spares. Interested bidders must also comply with any relevant laws and regulations set forth by the issuing authority.
To participate in the tender, bidders must provide certifications that verify compliance with industry standards related to carousel spares. This includes any necessary quality standards and technical specifications that are essential for bid evaluation.
The registration process involves submitting the required documentation through the tender submission platform. Bidders need to create an account if they do not have one already and ensure that all necessary certificates and compliance documentation are ready for submission.
The performance security requirements necessitate that bidders submit a financial guarantee as assurance of contract execution upon award. The amount and conditions will be specified in the tender documents, reflecting the financial viability of the bidder.
The evaluation process for submissions will involve assessing both technical and financial aspects of each bid. The evaluation committee will focus on bidders’ compliance with specifications, quality assurance, and pricing structure while making selections based on criteria set forth in the tender documentation.
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