The tender is for empanelment of agencies for purchase and remittance of foreign currency, and arrangement of overseas medical travel insurance. The contract will be valid for 2 years, with a possible extension of 3 months. Bidders must meet specific financial and experience criteria. A pre-bid meeting will be held on **** will be made within 15 working days after receiving the invoice. Penalties may be imposed for late delivery. The security deposit shall be 5% of the total contract value. The contract can be terminated with a 30-day notice.
The delivery of services must be done within 02 days from placement of order or as communicated by BHEL. delivery of services must be done within 02 days from placement of order or as communicated by bhel.
Payment for supply of foreign currency notes, TC prepaid foreign currency debit card remittance overseas travel insurance shall be made within 15 working days after receipt of individual invoice bill by bhel. payment for supply of foreign currency notes tc prepaid foreign currency debit card remittance overseas travel insurance shall be made within 15 working days after receipt of individual invoice bill by bhel.
The evaluation criteria shall be lowest quote arrived on sl. no 11 of boq available on bhel gepnic portal i. e. grand total amount excluding taxes. he evaluation criteria shall be lowest quote arrived on sl. no 11 of boq available on bhel gepnic portal i. e. grand total amount excluding taxes.
Bidders must have a minimum average annual turnover of **** lakhs and experience providing similar services to government or public sector entities. bidders minimum average annual turn over in rs. lakhs **** and he prospective bidder should have experience of providing similar services to offices of any central government state government public sector undertaking public limited company private limited company autonomous body in india during last 7 years ending on last day of the month previous to one in which tender is invited
BHEL may impose a penalty of 5% of the billed amount for each occurrence of failure to deliver services on time. bhel may impose a penalty of 5 of the billed amount for each occurrence.
A prebid meeting shall be held to clarify queries, if any, raised by the prospective bidders regarding the terms and conditions, scope of work, specifications, and other relevant details of the tender. a prebid meeting shall be held to clarify queries, if any, raised by the prospective bidders regarding the terms and conditions, scope of work, specifications, and other relevant details of the tender.
The last date of bid submission is **** upto 15:00 hrs. last date of bid submission: date: **** upto 15: 00 hrs.