IDCOL Issues Tender for Sale of 12,100 MT Iron Ore

Industrial Development Corporation of Odisha Limited (IDCOL) has issued two different tenders for tentative sale of 4,500 MT crushed iron ore fines and 7,600 MT sponge grade calibrated lump ore from its Roida ‘C’ iron and manganese mines, Keonjhar (Odisha) on “as is where is and no complaint basis”. Bidders are asked to quote for entire quantity.

Specification of items, tender-wise

Material Size
 (mm)
Fe Content 
(%)
Tentative Quantity 
(MT)
Crushed iron ore fines 0-10 55 4,500
Sponge grade calibrated lump ore 5-18 62 7,600
Total

12,100

 

Validity & delivery of offer

Bids submitted by the bidder shall be valid for the period of 30 days from the last date of price bid opening and the delivery period of the material shall be up to 60 days from the date of receipt of the order. The delivery of the material should be done by trucks/tippers and the bidder are required to ensure that loaded trucks are to be covered with tarpaulin during transport.

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. Iron ore lessees are not eligible to participate.

Tender schedule (IST)

Bid submission due date: 9 Nov’16 at 11:00 hrs
Technical bid opening: 9 Nov’16 at 11:30 hrs
Price bid opening: 9 Nov’16 at 15:00 hrs


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