IFCI Infrastructure Development Limited Tender

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IFCI Infrastructure Development Limited Tender

Goods
Chemical Products
GEM
Opening Date5 Mar 2025
Closing Soon15 Mar 2025
Tender AmountRefer Documents 

AI Insights

Technical
Financial
Work Experience Requirements
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The Eligibility requirements mentioned are: 1. Experience Criteria: The Bidder or its OEM should have regularly manufactured and supplied same or similar Category Products to any Central/State Govt Organization/PSU for a number of financial years, with a specific mention of 3 Years of past experience in same/similar service in one of the sources. 2. Past Performance: The Bidder or its OEM should have supplied same or similar Category Products for 50% of the bid quantity in at least one of the last three financial years before the bid opening date. The values mentioned for Eligibility requirements are: - 50% of the bid quantity for past performance. - 50% and 20% local content required for qualifying as Class 1 and Class 2 Local Supplier respectively. - 3 Years (experience criteria) - 15% (margin of purchase preference/price band) - 25% (percentage of total quantity for MSE Seller) Technical certification required by the bidder to participate in this tender includes: - A certificate from the OEM regarding the percentage of local content and the details of locations at which the local value addition is made. - A declaration relating to the percentage of local content, which should 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) - Compliance with Indian Standards where applicable, with no foreign/international certifications mandated if Indian Standards exist.
Class Of Bidder
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Class-I and Class-II Local suppliers are eligible to bid.

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