Procurement Parameters & Commercial Valuation
| Commercial Parameter | Statutory Specification | Covenant Verification |
|---|---|---|
| Estimated Tender Value | Rs. 25,00,000 (Indicative Benchmark) | Sanctioned Procurement Budget |
| Earnest Money Deposit (EMD) | Rs. 50,000 (2% Statutory EMD) | Statutory 2% Bid Security Guarantee |
| Non-Refundable Tender Fee | Rs. 1,000 to Rs. 5,000 | Document Processing Covenants |
| Performance Bank Guarantee (PBG) | 3% to 5% of Awarded Value | General Financial Rules (GFR) 2017 |
| Procurement Method | Open Competitive e-Tendering (GeM / CPPP) | Two-Cover Technical & Financial Bid |
| Contract Duration | 12 to 24 Months | Subject to Milestone Deliverables |
Mandatory Technical & Financial Eligibility Criteria
| Eligibility Benchmark | Mandated Requirement | Verification Evidence |
|---|---|---|
| Annual Financial Turnover | Minimum 30% of Estimated Contract Value | Audited Balance Sheets (Last 3 FYs) |
| Prior Domain Experience | Execution of at least 1-3 similar scale projects | Satisfactory Completion Certificates |
| Statutory Registrations | Valid GSTIN, PAN, and EPF/ESI Registrations | Verified Central Portals Verification |
| MSME / Startup Exemption | EMD & Prior Experience Concessions as per Govt Policy | Valid Udyam Registration Certificate |
Related Public Tenders by SHIPMIN
All Procurement Notices| Contract Scope & Project Description | Estimated Value | Statutory EMD | Submission Cutoff |
|---|---|---|---|
| Electric Impact Wrench with Socket TENDER | Rs. 25,00,000 (Indicative Benchmark) | Rs. 50,000 (2% Statutory EMD) | 2026-10-30 |
| Electrical Items TENDER | Rs. 25,00,000 (Indicative Benchmark) | Rs. 50,000 (2% Statutory EMD) | 2026-10-30 |
| For Empanelment of Indian Manufacturers to Manufacture Control Conso Tender | Rs. 25,00,000 (Indicative Benchmark) | Rs. 50,000 (2% Statutory EMD) | 2026-10-30 |
| For Empanelment of Junior Category Consultants and Firms Tender | Rs. 25,00,000 (Indicative Benchmark) | Rs. 50,000 (2% Statutory EMD) | 2026-10-30 |
Active Recruitments under SHIPMIN
All Recruitment Openings| Cadre Role & Designation | Vacancies | Scale of Pay | Cutoff Date |
|---|---|---|---|
| Academic Groups | 1 Openings | Rs. 123,100 - 144,200 (Level-13) | 2024-01-21 |
| Academic Hiring | 1 Openings | Rs. 123,100 - 144,200 (Level-13) | 2024-01-21 |
| Academic Notification Jpg | 1 Openings | Rs. 123,100 - 144,200 (Level-13) | 2024-01-21 |
| Ai Based Interview Preparation in Various Languages | 1 Openings | Rs. 123,100 - 144,200 (Level-13) | 2024-01-21 |
Procurement FAQ Accordion
The estimated contract valuation is Rs. 25,00,000 (Indicative Benchmark) with a mandated Earnest Money Deposit (EMD) of Rs. 50,000 (2% Statutory EMD). Eligible MSMEs and recognized DPIIT Startups may claim statutory EMD exemption under Rule 170 of GFR 2017.
The final submission window closes on 2026-10-30. Vendors are advised to complete e-portal uploads with digital signatures well before the deadline to prevent gateway traffic delays.
All official Notice Inviting Tender (NIT) documents, technical specifications, and Bill of Quantities (BOQ) are hosted on shipmin.gov.in and central e-procurement portals.
Explore verified public authorities and related procurement sectors across the national network:
e-Procurement Bidding Roadmap & Portal Workflow
Portal Registration & Digital Signing: Bidders must register on the designated sovereign portal (GeM 4.0 / CPPP eProcure) with Class-III Digital Signature Certificates (DSC) with signing and encryption capability.
Technical Tender Document Review: Conduct rigorous scrutiny of the Notice Inviting Tender (NIT), Scope of Work (SOW), Special Conditions of Contract (SCC), and General Conditions of Contract (GCC).
EMD & Document Fee Remittance: Submit Earnest Money Deposit (EMD, typically 2%) via Bank Guarantee, e-PBG, or RTGS/NEFT, or upload valid MSME/NSIC exemption certificates where applicable.
Two-Cover Bid Submission: Upload Cover-I (Technical & Prequalification criteria) containing audited balance sheets, GST/PAN credentials, and OEM authorization, followed by Cover-II (Financial BOQ).
E-Reverse Auction & Award of Contract: Participate in electronic financial bid opening and techno-commercial negotiation leading to Letter of Acceptance (LOA) and Performance Security deposit.
Technical Qualification Matrix & Due Diligence Standards
Bidders participating in Electrical EMS Works Tenders must satisfy the multi-tiered technical, financial, and statutory qualifying covenants detailed below:
| Evaluation Benchmark | Mandated Technical & Financial Covenant |
|---|---|
| Average Annual Financial Turnover | Bidder must have an average annual turnover of not less than 30% of the estimated contract value during the last 3 audited financial years, certified by a Chartered Accountant with UDIN. |
| Past Operational Execution Track Record | Satisfactory completion of either 3 similar works costing not less than 40%, 2 similar works costing not less than 50%, or 1 similar work costing not less than 80% of estimated tender value for Central/State Government departments. |
| Statutory Tax & Regulatory Filings | Valid GST Registration Certificate, permanent PAN, latest GSTR-3B filings, EPF/ESIC statutory registration, and non-blacklisting affidavit on notarized stamp paper. |
| OEM Authorization & Quality Certifications | Manufacturer Authorization Form (MAF), ISO 9001:2015 quality standards compliance, and verifiable warranty undertaking for all delivered deliverables and equipment. |
Financial Safeguards, EMD & Performance Security Guarantees
Earnest Money Deposit (EMD) is mandated under GFR Rule 170 ranging from 1% to 5% of the estimated cost, with statutory exemptions for registered Micro and Small Enterprises (MSEs) and DPIIT-recognized startups under Public Procurement Policy. Successful bidders must furnish Performance Security / Performance Bank Guarantee (PBG) under Rule 171 (3% to 10% of contract value). Liquidated Damages (LD) clauses are strictly enforced for delays.
General Conditions of Contract (GCC) & Payment Architecture
Payments are structured via Running Account (RA) billing milestones against verified deliverables. Retention Money (typically 5%) is withheld through the Defect Liability Period (DLP). Statutory deductions include Tax Deducted at Source (TDS) on GST @ 2% under Section 51, Income Tax TDS @ 1-2% under Section 194C, and Labour Welfare Cess @ 1% where applicable.
Procurement & Bidding FAQs — Electrical EMS Works Tenders
Under General Financial Rules (GFR 2017) Rule 170 and 171, bidders must submit EMD of approximately 2% of the estimated contract value. Successful bidders must furnish Performance Bank Guarantee (PBG) of 3% to 5% valid for 60 days beyond completion of contractual obligations.
Yes, registered MSEs possessing valid Udyam Registration Certificates and DPIIT-recognized startups are exempted from payment of tender fees and Earnest Money Deposit in accordance with the Public Procurement Policy for MSEs Order 2012.
Under Section 51 of the CGST Act 2017, procuring departments and PSUs deduct 2% GST TDS (1% CGST + 1% SGST or 2% IGST) on all taxable supplies where individual contract values exceed ₹2,50,000.
Bidders may submit technical and commercial queries in the prescribed Excel format via the portal prior to the pre-bid conference. Official addenda/corrigenda issued by SHIPMIN Authority form an integral part of the bid document.
Liquidated damages are levied at 0.5% of contract value per week of delay or part thereof, up to a maximum cap of 10% of total contract value, as stipulated in General Conditions of Contract (GCC).