The eligibility requirements include that the bidder must be a registered entity, demonstrating relevant drilling experience along with a specified minimum turnover. Additionally, bidders need to present necessary certifications showcasing their compliance with industry standards. For those seeking exceptions from experience or turnover criteria, supporting documents must be submitted for evaluation.

Bidders must provide specific certificates including proof of registration, necessary licenses, and any additional documentation requested in the Additional Terms and Conditions (ATC). Certifications demonstrating compliance with technical and quality standards are essential for consideration.

To register on the GEM portal, bidders should visit the official site and complete the registration process, providing all required details and documentation as directed. It is crucial to ensure that all information is accurate to avoid issues during submission.

The accepted document formats typically include PDF for digital submissions. Bidders must ensure that all necessary files are properly formatted and uploaded in accordance with the guidelines specified in the tender documentation.

Bidders are expected to comply with specific technical specifications outlined in the tender documents, which may encompass operational capabilities, equipment standards, and adherence to safety protocols.

It is mandatory for bidders to meet recognized quality standards relevant to the oil and gas industry. Compliance with protocols that ensure efficient and safe drilling operations is crucial for eligibility.

Bidders must adhere to strict compliance requirements detailed in the tender documents, including maintaining necessary certifications and adhering to industry regulations related to drilling operations.

Potential testing criteria will be articulated in the tender documents, emphasizing the requirement for equipment to meet specific performance and safety benchmarks that align with industry standards.

The Earnest Money Deposit (EMD) required for this tender amount is INR 17,903,400, which must be submitted along with the bid to ensure seriousness and commitment to the bidding process.

Details regarding performance security requirements will be specified in the tender. Typically, a performance guarantee is required to ensure fulfilment of contractual obligations.

Payment terms will be elaborated upon in the documentation provided, generally including milestones based on project deliverables and specific conditions necessary for triggering payments.

Price evaluation considerations focus on the total value of the bid, ensuring that all proposed costs reflect fair pricing while meeting the technical criteria set forth in the tender documents.

The evaluation and selection process will be based on a total value approach, scrutinizing both technical and financial aspects of the bids. This comprehensive evaluation method ensures that all dimensions of the submissions are adequately assessed for selection.

Notification of results will occur post-evaluation, with successful bidders informed in accordance with the timelines set forth in the tender documents.

Yes, this tender includes specific benefits for MSEs, potentially offering exemptions from certain eligibility criteria and financial advantages to promote participation.

Startups may benefit from specific provisions encouraging participation, in addition to potential financial incentives associated with compliance to meet national initiatives like ‘Make in India’.

Bidders are encouraged to adhere to local content laws and procurement rules, promoting the use of local resources and aligning with national economic policies aimed at enhancing Indian industry participation in the oil and gas sector.