This tender is for the overhauling of air compressors under OEM supervision on INS Project. Bidders are required to submit a technocommercial bid and a price bid online. An Earnest Money Deposit (EMD) of Rs. 30,00,000 is required, with exemptions for firms having valid HSL or SSIC registration for similar works. Firms must have an average annual financial turnover of at least Rs. 10 lakhs for the last 3 years and possess valid PF and ESI insurance coverage. Clarifications can be sought, and a pre-bid meeting may be held. Bids must be submitted online before the deadline. The tender emphasizes strict adherence to commercial terms and conditions, with deviations to be clearly stated. Arithmetical errors will be corrected by HSL. Bids are liable for rejection for various reasons, including non-compliance with technical specifications, incomplete information, or abnormally high/low rates. Price bids will be evaluated on the overall lowest evaluated price, excluding GST. Payment terms include 100% payment within 30 days of work completion, subject to submission of tax invoices and work completion certificates. A performance bank guarantee of 5% of the contract value is required for orders above Rs. 10 lakh. Liquidated damages will be levied for delays at 0. 5% per week, up to a maximum of 10% of the contract price. The contract is governed by Indian laws, and disputes will be settled through arbitration in Visakhapatnam.
The tender document specifies a period of work of 30 days. Bidders are requested to indicate the minimum possible completion schedule and confirm the schedule given in the technical document specification SOW. If the offered delivery does not meet the refit schedule requirement, HSL reserves the right to reject the bid.
The bid notice states that 100% payment shall be released within 30 days against submission of a tax invoice along with work completion certificates duly signed by the SRC Production Officer Incharge and requisite clearances regarding PF and ESI payment from HSL Workmen Cell. Payment will be made by RTGS/NEFT to the contractor's account. Statutory deductions will be made at source.
The contractor shall give a guarantee for the work done, including material if the order contract includes both, up to a period of 06 months from the date of delivery of the ship to the owner or 18 months from the date of satisfactory completion of work, whichever comes earlier. During this period, any defect found shall be rectified by the contractor immediately without any additional cost to HSL.
The evaluation of bids shall be on the basis of the overall lowest evaluated price of techno-commercially compliant bids. The bidder quoting the lowest landed cost excluding GST and meeting all technical and commercial requirements shall be considered as the L1 bidder.
Bidders shall possess valid PF and ESI insurance coverage in their name. The average annual financial turnover during the last 3 years, ending 31st March of the previous financial year, should be at least Rs. 10 lakhs. Documentary proof such as income tax TDS certificates, Form 26AS, turnover certificate issued by a Chartered Accountant, or audited balance sheet for the relevant financial years shall be furnished.
Liquidated damages (LD) for delays will be levied at a sum equivalent to 0. 5% of the contractual price for each week of delay or part thereof, subject to a maximum of 10% of the contract price. Penalties can also be levied for violations of safety regulations, strikes, failure to mobilize required workforce, deviating workforce, adverse remarks on quality, or deploying substandard machinery and unqualified personnel.
The tenderer is advised to visit the site to acquaint himself with the site conditions, approaches, and other relevant information before tendering if so desired.
Clarifications can be sought as per the terms and conditions of the tender. The tender document does not explicitly state a deadline for challenging the bid or its outcomes.