Tender Title - Rashtriya Ispat Nigam Limited

The eligibility requirements encompass several criteria necessary for participation. Bidders must be registered entities within the applicable domain and must demonstrate relevant experience in supplying induction motors or equivalent products. Compliance with financial standings and operational capabilities is also vital. Interested parties should ensure they meet these specifications before submission.

Bidders must present comprehensive technical specifications that verify adherence to industry standards for efficiency and safety. Certification documents from recognized standards organizations confirming quality, operational performance, and safety testing should be included in the submission. These certifications play a crucial role in the evaluation process.

All submissions must be made electronically via the GEM portal. Bidders are required to upload all necessary documentation, including technical details, financial records, and compliance certificates. Ensuring proper formatting and completeness of submission materials is critical to avoid disqualification.

Payment terms are generally defined within the tender documentation. Bidders should familiarize themselves with the payment procedures, including any conditions for upfront payments or installment schedules contingent upon milestones achieved during the execution of the project. Clarity in payment agreements ensures a smooth transaction process post-award.

The tender encourages participation by Micro, Small, and Medium Enterprises (MSEs) and startups through special provisions. These may include relaxed eligibility criteria or financial support mechanisms aimed at enhancing local participation and compliance with ‘Make in India’ policies. Interested MSEs and startups should carefully consult tender documentation for precise details on these benefits.