NA Tender by Oil And Natural Gas Corporation Limited (GEM/2025/B/6103383)
POTASSIUM FORMATE - ONGC
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Tender Title: POTASSIUM FORMATE - ONGC
Tender Reference Number: GEM/2025/B/6103383
Issuing Authority/Department: Ministry of Petroleum and Natural Gas
The Ministry of Petroleum and Natural Gas is inviting bids for the procurement of Potassium Formate under the reference number GEM/2025/B/6103383. The objective of this tender is to acquire 400,000 kilograms of Potassium Formate for various applications, primarily to meet the increasing demand in the oil and gas sector.
Scope of Work and Objectives
The scope of this tender includes:
- Supply of high-quality Potassium Formate in the required quantities.
- Compliance with industry-specific standards and specifications.
- Timely delivery to designated locations as specified in the contract.
The primary objectives are to ensure an uninterrupted supply of Potassium Formate, enhance the operational efficiency for the Ministry of Petroleum and Natural Gas, and contribute to the overall growth and sustainability of the sector.
Eligibility Criteria
To qualify for participation in this tender, bidders must meet the following eligibility criteria:
- Must be a registered entity with valid business licenses.
- Previous experience in supplying Potassium Formate or equivalent chemicals is preferred.
- Should comply with all local regulations and standards concerning procurement.
Technical Requirements
Bidders must adhere to the following technical requirements:
- Provision of product specifications including purity, density, and packaging.
- Compliance with applicable health, safety, and environmental regulations.
- Submission of testing reports from certified laboratories.
Financial Requirements
Eligible bidders are required to submit:
- A detailed financial bid indicating the cost per unit of Potassium Formate.
- Compliance with any financial eligibility criteria specified by the tendering authority.
Document Submission Details
Bidders must submit all required documents electronically through the specified platform in the format prescribed in the tender document. Late submissions will not be considered.
Special Provisions
This tender includes special provisions for Micro, Small, and Medium Enterprises (MSEs). MSEs are encouraged to participate and may receive preferential consideration in the evaluation process.
Evaluation Process
The evaluation of bids will be based on several factors including:
- Compliance with technical specifications.
- Financial bid evaluation based on price competitiveness.
- Delivery timelines and past performance records.
Delivery Locations
The delivery of Potassium Formate will take place at locations specified by the Ministry of Petroleum and Natural Gas, details of which will be provided upon successful awarding of the bid.
Contact Information
For any inquiries or further information regarding the tender, bidders are encouraged to reach out through the official channels of the Ministry of Petroleum and Natural Gas.
In summary, this tender for POTASSIUM FORMATE - ONGC offers a significant opportunity for suppliers capable of meeting the outlined requirements and contributing to the sector's development. The Ministry is keen on ensuring the procurement process is transparent, competitive, and beneficial to all parties involved. Interested suppliers should gather all pertinent documentation and prepare their bids accordingly to seize this opportunity.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
11 DocumentsDocuments Required from Seller
- Experience Criteria
- Certificate (Requested in ATC)
- OEM Authorization Certificate
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (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 with valid business licenses, suitable past experience in the supply of Potassium Formate or comparable chemicals, and compliance with all applicable local regulations and standards related to procurement. Bidders must ensure they meet these criteria to successfully participate in the tender process.
To fulfill the technical specifications of the tender, suppliers must provide detailed product specifications such as purity level, density, and packaging information. Additionally, compliance with all relevant health, safety, and environmental regulations is necessary. Bidders will also be required to submit testing reports from certified laboratories to verify product quality.
Payment terms will typically be detailed in the contract following the evaluation and selection process. Suppliers are also required to provide a performance security to guarantee the fulfillment of the contract terms. The amount and conditions regarding the performance security will be specified in the tender documents.
Bidders must submit all required documents electronically through the specified online portal as outlined in the tender document. Accepted document formats include PDF, DOC, and other specified file types. It is crucial to ensure all submissions are made before the stipulated deadlines to avoid disqualification.
Yes, the benefits for Micro, Small, and Medium Enterprises (MSEs) participating in this tender include potential preferential treatment during the evaluation process. The Ministry of Petroleum and Natural Gas encourages MSEs to engage in this tender, aligning with government initiatives to promote small businesses and enhance local procurement efforts.
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