Rashtriya Ispat Nigam Limited Tender by Rashtriya Ispat Nigam Limited (GEM/2025/B/6112596)
Cuttingtool1,Cuttingtool2,Cuttingtool3,Cuttingtool4,Cuttingtool5,Cuttingtool6,Cuttingtool7,Cuttingt
Tender Timeline
Tender Title: CUTTING TOOLS
Reference Number: GEM/2025/B/6112596
Issuing Authority/Department: Rashtriya Ispat Nigam Limited, Ministry of Steel
Scope of Work and Objectives
The objective of this tender is to procure a variety of cutting tools essential for operational purposes within the steel sector. The scope encompasses the supply of various cutting tools categorized as Cuttingtool1 through Cuttingtool9. The total quantity required is 116 units, with procurement expected to adhere to stringent quality and technical specifications to ensure optimum performance and durability.
Eligibility Criteria
Participants interested in bidding on this tender must meet certain eligibility requirements. These include:
- Being a registered entity under relevant Indian laws,
- Compliance with applicable taxation regulations,
- Demonstrating previous experience in supplying similar cutting tools, and
- Possessing valid certification to affirm technical capabilities.
Technical Requirements
Bidders are expected to provide technical specifications that align with the requirements stipulated in the tender documentation. This involves demonstrating proficiency in manufacturing and supplying cutting tools that meet industry standards. Quality standards must be adhered to, emphasizing durability and reliability during usage.
Financial Requirements
Bidders must carefully consider the financial requirements outlined in this tender. This includes:
- Submission of a Earnest Money Deposit (EMD) as specified in the bid documents,
- Providing proof of financial stability and capability to deliver the required products,
- Submission of a detailed cost breakdown for the cutting tools based on a competitive pricing strategy.
Document Submission Details
All necessary documentation must be submitted to the designated authority through appropriate channels as defined in the tender guidelines. Bidders should ensure their proposals are complete and comply with the submission protocols to be considered for evaluation.
Special Provisions
The tender does not explicitly specify any special provisions for MSEs or startups, but bidders are encouraged to check for any benefits they may qualify for under government schemes aimed at fostering participation from small businesses in public procurement.
Evaluation Process
Bids will undergo a rigorous evaluation process based on predefined criteria such as compliance with technical specifications, pricing competitiveness, and past performance. Selection will prioritize quality, reliability, and cost-effectiveness. Bidders are encouraged to provide all requisite information to facilitate this process.
Delivery Locations
The cutting tools are expected to be delivered to designated locations as specified in the contract order post successful completion of the bidding and evaluation process. Details regarding delivery schedules and logistical requirements will be communicated to the winning bidder.
Contact Information
For inquiries regarding this tender, bidders can reach out to the designated representatives of Rashtriya Ispat Nigam Limited. It is advisable to seek clarification on any issues related to the technical specifications, eligibility, or submission process.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments Required from Seller
- 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
Frequently Asked Questions
The eligibility requirements include being a registered entity under Indian laws, compliance with tax regulations, provision of past performance records in supplying similar cutting tools, and valid certifications that demonstrate technical capabilities. Adhering to these requirements is crucial for participation in the tender process.
Participants must possess and submit relevant certificates pertaining to quality assurance, compliance with industry standards, and valid business and tax registration documents. Any additional specific certifications related to cutting tools may also be needed to validate technical competence.
Bidders must be aware of the payment terms outlined in the tender. Typically, this includes details regarding advance payment, payment on delivery, or post-acceptance of the goods. Additionally, providing performance security is often required, which acts as a guarantee for the fulfillment of contract obligations.
Proposals must be submitted electronically through the designated online procurement platform, ensuring that all required documents are included in acceptable formats such as PDF, Word, or Excel, as specified in the tender guidelines. It’s imperative that all submissions are clear and complete to ensure compliance.
While the tender does not expressly mention provisions for MSEs, bidders are encouraged to explore potential benefits available under government initiatives aimed at supporting small businesses. Compliance with the ‘Make in India’ policies is crucial, promoting local sourcing and investment in domestic manufacturing to ensure local content in procurement rules.
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