Overview - OIL INDIA Limited - Oil India Limited

The eligibility requirements for the Submersible Storm Water Pump tender include being a registered entity in India, possessing substantial experience in supplying submersible pumps or similar equipment, and complying with local and national regulations. Bidders must also display financial stability and the ability to execute the project effectively.

Bidders must supply valid technical certificates demonstrating compliance with the necessary quality standards set by the Ministry of Petroleum and Natural Gas. This includes certifications relating to performance testing, material quality, and adherence to environmental norms, which ensures that the pumps offered are reliable and efficient.

To participate in the Submersible Storm Water Pump tender, bidders must complete the registration process on the designated tender portal. This typically involves submitting company registration documents, relevant technical certificates, and proof of previous work experience. Following registration, bidders can access the tender documents and guidelines for submission.

Payment terms will be structured based on the contract signed upon bid acceptance. Typically, this includes upfront payments upon delivery and installation milestones, followed by performance-based payments after successful commissioning of the pumps. It is crucial for bidders to review the payment structure as outlined in the tender documentation.

Provisions for MSEs in the Submersible Storm Water Pump tender emphasize encouraging participation through relaxed eligibility criteria and potential monetary benefits. Additionally, MSEs are entitled to certain advantages under local content policies, enabling them to compete effectively while promoting sustainable procurement practices aligned with the Make in India initiative.