ONGC warns amateurs not to bid

Vol 20, PW 12 (09 Mar 17) News in Brief
     

Amateurs hoping to bid in ONGC tenders can no longer simply get away with providing a letter from an experienced technical partner.

A notice issued by ONGC executive director and chief of material management services Ashwini Nagia on February 9 amending the bid evaluation criteria says bidders who do not meet the technical experience criteria on their own can only use the experience of another company if the bid is submitted by a properly set up joint venture. More, the experienced partner must have a controlling stake in the JV, in other words exceeding 50%.

"The above guidelines should be meticulously followed by all concerned in all future tenders and current tenders where technical bids are yet to be opened," reads the notice. An industry source comments that ONGC has now made it difficult for newcomers to bid in tenders for seismic acquisition, processing and interpretation, drilling rigs, gas dehydration units and other services.

"This looks like the work of big contractors who don't want competition from newcomers," we learn.