Tender Title: Low Sulphur Heavy Stock Premium
Reference Number: GEM/2025/B/5997787
Issuing Authority: Ministry of Mines, Materials Department
The Ministry of Mines is inviting bids for the procurement of Low Sulphur Heavy Stock Premium. This tender is focused on acquiring a total quantity of 68 units, making it essential for suppliers in the energy and petroleum sectors to participate. The primary scope of work includes the supply of heavy stock premium with specific characteristics, adhering to quality standards that ensure low sulfur content. The objective is to enhance resource availability while maintaining compliance with environmental regulations.
Eligibility Criteria
To qualify for this tender, bidders must be registered entities in the relevant sector. The eligibility requirements include having prior experience in supplying heavy petroleum products and possessing the necessary operational licenses to engage in such transactions. Bidders must ensure they meet all technical and financial requirements outlined in the tender documentation.
Technical Requirements
Bidders must provide detailed specifications of the Low Sulphur Heavy Stock Premium, ensuring compliance with the prevailing industry standards. The technical documentation needs to showcase commitment to quality, including certificates indicating compliance with environmental norms and regulations.
Financial Requirements
Interested parties are required to submit financial documents that demonstrate their capability to fulfill the order. This includes profit and loss statements, evidence of financial stability, and if applicable, documentation pertaining to Earnest Money Deposit (EMD) as required by the Ministry.
Document Submission Details
All necessary documents must be submitted electronically through the designated online portal. Bidders are encouraged to review the complete list of required documents in the tender dossier and ensure all submissions meet the outlined specifications. Special attention should be given to submission formats, as all documents must be in PDF format to avoid disqualification.
Special Provisions
In alignment with governmental initiatives, we encourage bids from Micro, Small, and Medium Enterprises (MSEs) and startups. This is aimed at supporting local businesses and promoting entrepreneurship within the sector.
Evaluation Process
Bids will undergo a comprehensive evaluation process based on predetermined criteria. Technical and financial evaluations will hold significant weight in the final decision-making. The details of the evaluation process are crucial, and bidders should be prepared to provide additional documentation or clarification as required.
Delivery Locations
The delivery of the Low Sulphur Heavy Stock Premium will be carried out to specified locations outlined in the tender documents. Bidders must consider logistical aspects regarding shipment and ensure timeliness in delivery.
Contact Information
For inquiries related to the tender, interested parties may contact the Ministry of Mines. It is advisable to initiate contact via the provided online communication channels.
This tender represents a significant opportunity for qualified suppliers to engage with the government and contribute to the national objectives concerning energy and environmental management. All potential bidders are urged to carefully review the complete tender documents and prepare submissions that fully comply with the outlined requirements.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments Required from Seller
- Certificate (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 for participating in the tender include being a registered company with prior experience in supplying heavy petroleum products. Bidders must also possess the necessary licenses and certifications relevant to the procurement of Low Sulphur Heavy Stock Premium.
The Earnest Money Deposit (EMD) is a crucial part of the financial requirements for this tender. Bidders are expected to submit an EMD along with their documentation, ensuring it aligns with the specified amount and format defined in the tender documents. This amount is critical as it secures the bid and is refundable under specified conditions.
To submit the tenders electronically, bidders must utilize the designated online portal as outlined in the tender documentation. It’s essential to ensure that all submissions are in the accepted document formats, specifically PDF, to comply with submission requirements and avoid disqualification.
This tender includes provisions for Micro, Small, and Medium Enterprises (MSEs), designed to promote inclusivity and foster local entrepreneurship. MSEs may benefit from preferential considerations during the bidding process, supporting government initiatives to boost local economic development while adhering to ‘Make in India’ policies.
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