Property_Manu - Final - The New India Assurance Co. Ltd.

The New India Assurance Co.Ltd.l Mechanical Worksl Gadgets, Equipments etc.l Specialized Equipments, Technical-oriented gadgetsl Solely manufactured items, If found suitable by the Technical Evaluation CommitteeWhere the tender notice has been issued on PQT basis, the contractors can furnish technical bidbased on their own format. However, if the nature of work warrants, a prescribed format can bedevised by the Department and issued to the contractorOnly the selected contractors should be issued with prescribed tender form for submitting financialbid at the price, depending upon the scale prescribed.Limited / Unlimited Tenders:As far as possible, minimum 3 bids should be available for proper evaluation and selection of L-I. In case 3 bids are not received permission of G.M. needs to be obtained.MODEL FLOW CHART OF OPEN TENDER PROCESSINGIn principle approval from the Competent Authority as per FSO in force(i)(ii)(iii)Draft of advertisementEligibility Criteria for qualifying in Technical BidTender specifications/tender documents including Bill of quantities, drawings etc.(i), (ii) and (iii) to be prepared by the department /office based on recommendation of theConsultant if appointed.To be approved by CRM/DGM at RO and DGM at HO (Cost of advertisement must be approvedby the Competent Authority as per FSO)Advertisement published and also displayed in websiteIssue of tender documentsOffers receivedChecking of the master envelopes, preparation of statement and opening of master envelopesOpening of technical bids, its evaluation, preparation of statement selection of qualified biddersand recommendation for opening financial/ commercial bids of the qualified short listed bidders.MANUAL ON ESTATE & ESTABLISHMENT121