Rashtriya Ispat Nigam Limited Tender by Rashtriya Ispat Nigam Limited (GEM/2025/B/6163923)
Custom Bid for Services - APPOINTMENT OF RINL CONVERSION AGENT AT VISAKHAPATNAM THROUGH WET LEASING
Tender Timeline
Tender Title: Custom Bid for Services - APPOINTMENT OF RINL CONVERSION AGENT AT VISAKHAPATNAM THROUGH WET LEASING
Tender Reference Number: GEM/2025/B/6163923
Issuing Authority/Department
The tender is issued by Rashtriya Ispat Nigam Limited (RINL) under the aegis of the Ministry of Steel.
Scope of Work and Objectives
The primary objective of this tender is to appoint a qualified conversion agent for RINL in Visakhapatnam through wet leasing. This involves the supply of structural and rounds to meet the operational requirements of RINL. The scope of work will include delivery of goods, compliance with industry standards, and timely execution of tasks to ensure seamless operations at the facility.
Eligibility Criteria
To be eligible for participation, bidders must meet the following criteria:
- Registration as a legal entity.
- Proven experience in similar sectors, particularly in delivering services related to wet leasing.
- Adequate financial capability to manage the order volume and deliver on time.
- Meeting all regulatory compliance associated with steel manufacturing operations.
Technical Requirements
Bidders must adhere to specific technical requirements that include:
- Capability to execute wet leasing services effectively.
- Availability of necessary infrastructure and workforce.
- Compliance with local and national regulations, including safety and environmental standards.
- Certification in quality assurance relevant to steel manufacturing and related services.
Financial Requirements
Bidders must demonstrate financial viability, which includes:
- Recent financial statements showing a strong financial position.
- Capability to submit an Earnest Money Deposit (EMD) as specified in the tender documentation.
- Compliance with financial solvency and performance security conditions laid out in the tender.
Document Submission Details
Bidders are required to submit their proposals electronically through the designated tender portal. Essential documents include:
- Company registration certificate
- Financial statements
- Technical compliance certificates
- Valid EMD.
Special Provisions
This tender invites benefits for Micro, Small, and Medium Enterprises (MSEs), encouraging participation from startups and local businesses. Provisions may be applicable under the 'Make in India' initiative, fostering local content in procurement.
Evaluation Process
The evaluation process will consider various factors including but not limited to:
- Technical proposal assessment
- Financial offer comparison
- Compliance with eligibility and technical requirements.
Successful bidders will be notified post-evaluation, with emphasis on transparent selection criteria based on quality and price.
Delivery Locations
Services are to be rendered primarily at the RINL facility in Visakhapatnam, in accordance with the specifications laid out in the tender documentation.
Contact Information
Interested candidates or companies can refer to the designated email or contact portal on the official website for any clarifications regarding the tender procedures and requirements.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
15 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (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
Similar Tenders
Frequently Asked Questions
The eligibility requirements include being a registered entity in the relevant field, having a proven track record in providing similar services, and meeting financial viability standards. Bidders must also ensure compliance with all local regulatory requirements associated with steel manufacturing and wet leasing.
Bidders are required to demonstrate their capacity to undertake wet leasing services, including well-equipped infrastructure and skilled manpower. Compliance with safety, environmental standards, and quality certifications relevant to the steel industry is also mandatory for eligibility.
An EMD must be submitted as part of the bid process, serving as a security deposit to ensure commitment from bidders. The exact amount is specified in the tender documentation and should be paid using the accepted payment methods outlined.
Proposals must be submitted electronically through the designated tender portal, ensuring all required documentation is included. The submission should be completed before the outlined deadline to avoid disqualification.
Micro, Small, and Medium Enterprises (MSEs) may receive preferential treatment, including reduced financial requirements and opportunities under the ‘Make in India’ initiative, which encourages local businesses to engage in public procurement effectively, improving competitive access.
Probable Bidders
Get Tender Alerts
Get notifications for similar tenders