Tender Title:

RMRM258007

Tender Reference Number:

122da62bd

Issuing Authority/Department:

Indian Oil Corporation Limited
Ministry of Petroleum and Natural Gas

Scope of Work and Objectives

The current tender invites suppliers to submit bids for a comprehensive array of items falling under multiple categories. The scope of work includes procurement of 387 items categorized as Item no.-01 to Item no.-53. The objective is to ensure that high-quality products are provided efficiently, adhering to the financial and technical requirements set forth. This is part of the government initiative to streamline procurement processes while enhancing infrastructure development.

Eligibility Criteria

To qualify for participation, bidders must be a registered entity and comply with all applicable corporate governance laws. In addition, bidders are expected to demonstrate their capacity to deliver the specified quantities in adherence to the prescribed timelines.

Technical Requirements

Bidders must meet essential technical specifications outlined in the tender documentation. Adherence to quality standards and compliance with industry regulations is imperative. Each item must adhere to the specified technical standards relevant to its category.

Financial Requirements

The financial stability of bidders will be evaluated before awarding the contract. Interested parties should have a sufficient financial capacity and provide a detailed financial proposal. This proposal should comprehensively address pricing structures and payment terms that reflect the value of the goods supplied.

Document Submission Details

All required documentation must be submitted electronically through the designated procurement platform. Bidders should ensure that all submission formats adhere to the specified guidelines to avoid disqualification. Essential eligibility documents include certificates of registration, compliance documentation, and financial statements.

Special Provisions

There are provisions available for Micro, Small, and Medium Enterprises (MSEs), which aim to increase their participation in government procurement processes. Startups, too, are encouraged to engage with this tender, adhering to the respective guidelines laid out for them.

Evaluation Process

The evaluation process is structured to assess both the technical and financial bids. The tender will follow a two-cover system to ensure comprehensive assessments. Each bid will be evaluated on predefined criteria, ensuring that only qualified bidders are considered.

Delivery Locations

Deliveries must be made to specified locations as outlined in the detailed tender documentation. Bidders must be clear on their logistical capabilities in fulfilling these requirements within the stipulated timeframes.

Contact Information

For further inquiries, bidders may refer to official communication avenues provided on the tender portal. It is essential to avoid any misinformation and to ensure communication follows the correct protocols.

Conclusion

This RMRM258007 tender represents a valuable opportunity for potential suppliers to engage with Indian Oil Corporation Limited. It aims to enhance procurement efficiency while supporting MSEs and startups through beneficial provisions and a transparent evaluation process. Companies interested in participating should carefully review the documentation and prepare their bids to meet the stringent requirements laid out in this tender.