IDCOL Extends Due Date for 63,000 MT Iron Ore Fines Tender

Industrial Development Corporation of Odisha Limited (IDCOL) had issued three separate tenders for sale of total 63,000 MT (Tentative quantity) iron ore fines from its Roida ‘C’ iron and manganese mines, Keonjhar (Odisha) on ‘as is where is and no complaint basis’. The tender was due on 22 Feb’16 but now it has been extended up to 10 Mar’16 to get better response.

Specification of items, tender wise

Item: Iron Ore Fines

The company are advised to do the inspection of material at Roida ‘C’ mines before bid submission. The bids will be accepted on the assumption that bidders have inspected the material before bidding.

Validity of offer: Bids will be valid for a period of 30 days from the last date of price bid opening.

Delivery: The delivery of material should be done by trucks/tippers and the bidder need to ensure that the loaded trucks are to be covered with tarpaulin during transport. The delivery period is of 90 days for the first tender and 60 days for the second & third tender.

IDCOL’s Another Tender for Sale of 7,600 MT Calibrated Lump Ore

The company issues another tender for sale of 7,600 MT sponge grade calibrated lump ore. The material is from its Roida ‘C’ iron and manganese mines situated in Keonjhar (Odisha).

Specification: Size 5 to 8 mm, Basis 62% Fe

Eligibility criteria:

1) Bidder should have a valid license under Odisha Minerals (prevention of theft, smuggling and illegal mining and regulation of possession. Storage, trading and transportation)
2) Bidder need to submit the copy of sales tax/VAT/CST/TIN registration certificate registration certificate
3) Bidder must have the Indian Bureau of Mines (IBM) registration certificate under rule 45 of MCDR
4) Lease holder of mines are not eligible to participate.

Tender schedule

Bid submission due date: 10 Mar’16 at 11:00 hrs IST
Technical bid opening: 10 Mar’16 at 12:00 hrs IST
Price bid opening: 10 Mar’16 at 15:30 hrs IST