Tender Title: Appointment of Qualified Co-ordinating Agency (QCA) to Carry Out Forecasting
Reference Number: GEM/2025/B/6190469
Issuing Authority: OIL INDIA Limited
Department: Ministry of Petroleum and Natural Gas
Scope of Work and Objectives
The primary objective of this tender is to appoint a Qualified Co-ordinating Agency (QCA) that will be responsible for carrying out forecasting, scheduling, and deviation settlement operations. The appointed agency will work closely with OIL INDIA Limited to ensure the effective implementation of forecasting methodologies, project planning, and resource allocation to optimize performance. The agency will also facilitate monitoring and impact assessments of various weather-related phenomena affecting operations.
Eligibility Criteria
To qualify for this tender, bidders must meet specific eligibility criteria. Key requirements include being a registered entity with the necessary credentials in the field of operations related to forecasting and scheduling services. Bidders should possess a proven track record of similar projects, demonstrating expertise and knowledge in the relevant domains.
Technical Requirements
Bidders must comply with the following technical requirements:
- Proven experience in forecasting methodologies related to petroleum and natural gas sectors.
- Capability to provide real-time forecasting data and analytics.
- Technical infrastructure and workforce capable of supporting high-level performance in project execution.
Financial Requirements
The financial requirements for this tender include:
- Submission of a detailed financial proposal outlining costs associated with services.
- Proof of financial stability, including bank statements or financial records.
- An Earnest Money Deposit (EMD) as specified in the tender documents.
Document Submission Details
Interested participants must submit all required documents through the specified online portal before the deadline mentioned in the tender notices. Documentation must be complete, including:
- Technical proposal outlining capabilities and project understanding.
- Financial proposal as mentioned above.
- Relevant business licenses and certificates.
Special Provisions
Particular attention will be given to Micro, Small, and Medium Enterprises (MSEs) and startups. These stakeholders may benefit from relaxed eligibility requirements and additional support during the bidding process, aligning with the government’s initiative to promote local businesses.
Evaluation Process
The evaluation process for bids will focus on:
- Technical compliance with the stipulated requirements.
- Financial viability and the overall cost-effectiveness of the proposals.
- Past performance and projects executed by the bid participants.
Successful bidders will receive notification following a thorough evaluation process.
Delivery Locations
The appointed agency will primarily operate within the regions specified by OIL INDIA Limited, with the flexibility to adapt to broader coverage as required by operational demands. The geographic focus will align with the ministry's objectives for enhancing forecasting accuracy across various operational sectors.
Contact Information
For any specific inquiries about the tender, interested bidders can reach out to OIL INDIA Limited's official contact channels as specified on their website.
This tender represents an essential step towards streamlining forecasting operations in the petroleum sector, enhancing service delivery through qualified partnerships.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
12 DocumentsDocuments Required from Seller
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (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 relevant operational expertise in forecast and scheduling services. Bidders must demonstrate a solid understanding of petroleum and natural gas forecasting methodologies, along with prior experience in similar projects. Additionally, bidders should provide documentation to support their qualifications and financial stability.
Bidders must provide essential certificates that establish their eligibility, such as business licenses, GST registration, and statutory compliance certificates. Furthermore, if applicable, proof of past project performance in similar sectors is encouraged to substantiate the bidder’s capabilities.
To register for participation, entities must create an account on the specified online tender portal where the tender opportunity is listed. Following registration, bidders should upload the necessary documents and proposals in the accepted formats indicated in the tender guidelines.
Payment terms will be outlined in the final contract awarded to the successful bidder. Typically, terms may include milestone payments correlated with performance metrics or project deliverables as outlined in the financial proposal.
Yes, there are various benefits for Micro, Small, and Medium Enterprises (MSEs). These may include easier compliance requirements, technical support during bidding processes, and potential price preference in bid evaluations, thereby promoting inclusivity within the procurement framework laid down by the government.
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