OIL INDIA Limited Tender by Oil India Limited (dfb481f3)

The eligibility requirements include being a registered entity under the applicable business regulations, demonstrating prior experience in supplying stainless steel products, and obtaining necessary certifications confirming quality and compliance with technical standards.

Suppliers must possess certifications that validate their products’ compliance with industry standards, such as ISO or ASTM certifications. These certifications ensure that the products offered meet the stringent quality and technical specifications necessary for this tender.

To participate, interested suppliers must register through the designated governmental procurement portal. This involves submitting certain company documents, profiles, and background information to create a valid vendor account before submitting their bids.

Vendors must submit financial documents that highlight their capacity to fulfill large orders. This includes comprehensive pricing quotations, evidence of financial stability, and details on payment terms, ensuring transparency in the pricing structure.

The evaluation and selection process relies on a balanced assessment of the technical and financial proposals submitted by bidders. Factors such as compliance with specifications, product quality, previous delivery performance, and pricing will be crucial in determining the selected supplier. Notifications regarding bid outcomes will be communicated promptly post-evaluation.

This set of FAQs addresses common queries and is designed to provide clarity regarding the tender process, qualifying requirements, and evaluation methodologies.