The BOLTS AND NUTS tender, identified by reference number GEM/2025/B/6136985, is issued by the Materials Management department of the Ministry of Coal. This tender revolves around the procurement of various types of bolts and nuts essential for operational efficiencies within the coal management sector.
Scope of Work and Objectives
The objective of this tender is to acquire a total quantity of 17,000 parts of several bolt and nut varieties, including M20X80MM full thread bolts, hex head bolts, grub screws, hexagonal head bolts, high-tensile hex head bolts, and other specifications. Vendors are invited to submit their bids for the supply of these specified hardware components to ensure the smooth operation of ongoing projects managed by the Ministry.
Eligibility Criteria
To participate in this tender, bidders must meet certain eligibility criteria including being a registered entity under applicable laws, possessing a valid GST registration, and having a compliant manufacturing setup. Companies that have a proven track record in supplying industrial hardware will be favorably considered.
Technical Requirements
Bidders should ensure that the products proposed meet specific technical requirements that align with industry standards. Adequate proof of quality assurance, adherence to testing protocols, and compliance with safety regulations will be mandatory.
Financial Requirements
Prospective bidders must demonstrate financial stability through relevant documentation. This includes prior sales records, financial statements, and other related financial disclosures that validate the bidder's capacity to fulfill the contract value.
Document Submission Details
Bids must be submitted via the designated electronic format specified in the tender documentation. All required credentials, product specifications, and financial information need to be compiled into a single submission packet, ensuring completeness and adherence to any outlined protocols.
Special Provisions
There are beneficial provisions for Micro, Small, and Medium Enterprises (MSEs) and startups, aimed at encouraging participation from these segments. Such measures may include relaxed eligibility criteria or certain incentives during the evaluation process.
Evaluation Process
The evaluation of submitted bids will be conducted based on predefined criteria, emphasizing the quality of goods, competitive pricing, and overall compliance with technical specifications. Special emphasis will be given to bids supporting local manufacturing and content.
Delivery Locations
The products will need to be delivered to specified locations as per the Ministry's requirements, defined in the final agreement with the tender winner.
Contact Information
For additional inquiries, participants may reach out through the official communication channels provided in the tender announcement. All potential bidders are encouraged to clarify doubts before submitting their proposals to ensure compliance with all requirements.
This extensive opportunity aims to enhance the supply chain dynamics within the coal sector, while also providing a platform for competitive engagement among suppliers of hardware.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
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Frequently Asked Questions
The eligibility requirements include being a registered entity under the applicable laws, holding a valid GST registration, and having the necessary capacity to manufacture or supply the bolts and nuts needed as described in the tender. Furthermore, bidders should present any licenses or certifications related to the manufacturing of industrial hardware.
To successfully submit a bid, vendors must prepare a complete packet that includes relevant business credentials, technical specifications of the products proposed, and all financial requirements documents. Typically, certified copies of registration, GST identification, and testimonials regarding previous supply commitments will be necessary.
Once awarded the tender, the winning bidder must furnish a performance security that acts as a guarantee for fulfilling the contract terms. This security, which is often in the form of a bank guarantee or fixed deposit, is typically set at a percentage of the total contract value and is redeemable upon successful contract completion.
The payment terms will usually be outlined in the final contract following the successful evaluation of bids. Typically, payments may be scheduled upon delivery and acceptance of products, with possible provisions for advance payments under specific conditions agreeable to both parties.
The tender includes several benefits for Micro, Small, and Medium Enterprises (MSEs) and startups, such as favorable eligibility criteria and potentially lower performance security requirements. Additionally, preference might be given to locally manufactured products, aligning with government initiatives aimed at promoting indigenous enterprises in compliance with the ‘Make in India’ policy.
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