SAIL Seeks Conversion Agent for Rebar in Visakhapatnam

Steel Authority of India Limited (SAIL) is the India’s largest steelmaker and produces a variety of steel and iron products including Pig iron, flat and long products and special steels at its plants spread over India.

The company has invited a tender for appointment of a conversion agent from bonafide, resourceful person/firm/company capable of converting semi finished into reinforcement bar.

The semi finished re-rollables (billet/bloom of 150 mm and below IS:2830) will be available for conversion to finished steel. The conversion agent will be supplied predominantly blooms of 150*150 mm size.

Contract period

The tenure of the contract will be valid for a period of 3 years from the date of commencement of work mentioned in issued work order.

Eligibility criteria

1. Bidder should have a valid Bureau of Indian Standards (BIS) license for manufacture of reinforcement bar.
2. Bidder needs to submit the copy of Income Tax Returns with acknowledgment and Audit Financial Statement (Balance Sheet and Profit & Loss Account).
3. Bidder needs to submit the current dated Banker’s Certificate.
4. The minimum average annual turnover of the bidder should be INR 1 crore and net worth should be positive.
5. Bidder should have there own suitable computers, xerox machine, fax machine, scanner and arrangement for internet connectivity.
6. Bidder requires to submit an undertaking at the time of bidding.
7. The mills should be operational. Non-operational mills will not be considered.
8. Bidder whose contract has been terminated at any point of time during the last 5 financial years, shall not be considered eligible.

Tender schedule

Bid submission due date and techno-commercial opening date will be on 10 Feb’16 at 15:00 hrs IST and 15:30 hrs IST respectively.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *