Low Sulphur Heavy Stock Premium

Low Sulphur Heavy Stock Premium

Goods
Qty:68
Low Sulphur Heavy Stock Premium

Tender Timeline

Tender Issue
February 26, 2025 at 1:29 PM
Corrigendum
May 29, 2025 at 08:53 AM
Bid Extended to June 13, 2025 at 10:00 AM

Tender Title: Low Sulphur Heavy Stock Premium
Reference Number: 42e5ad45
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

Item Category
Low Sulphur Heavy Stock Premium
Ministry Name
Department Name
State
City

Financial Information

Bid Offer Validity
120 (Days)
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
Inspection Required
Yes
Technical Clarifications Time
2 Days

Tender Documents

4 Documents
GeM-Bidding-7576734.pdfMain Document
Other DocumentsOTHER
Buyer uploaded ATC documentATC ATC
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents 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

Corrigendum Updates

Bid Extended to June 13, 2025 at 10:00 AMModified on May 29, 2025 at 08:53 AM
Bid Opening June 13, 2025 at 10:30 AM

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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.

Bidders must comply with technical specifications that relate to the quality of the Low Sulphur Heavy Stock Premium. Detailed documentation must be presented to demonstrate adherence to quality standards, including compliance with environmental regulations.

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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