IFCI Infrastructure Development Limited Tender

The Eligibility requirements mentioned are: 1. Experience Criteria: 3 Years of past experience in same/similar service. 2. Past Performance: The Bidder or its OEM should have supplied same or similar Category Products for 50% of bid quantity, in at least one of the last three Financial years before the bid opening date. The values mentioned for Eligibility requirements are: - 3 Years (experience) - 50% (past performance) - 50% and 20% Local Content required for qualifying as Class 1 and Class 2 Local Supplier respectively - 15% (margin of purchase preference/price band) - 25% (percentage of total quantity for contract award) Technical certification required by the bidder to participate in this tender includes: - Certificate from the OEM regarding the percentage of local content and details of locations at which the local value addition is made. - Declaration relating to percentage of local content shall be certified by the statutory auditor or cost auditor, if the OEM is a company, and by a practicing cost accountant or a chartered accountant for OEMs other than companies. - Udyam Registration (for MSEs)