Last Updated on October 10, 2024 by The Health Master
Pharmaceutical Impurities
The Indian Pharmacopoeia Commission (IPC) has recently announced an open bid for the supply of “Pharmaceutical Impurities,” inviting reputed and experienced manufacturers to participate.
This bid, in adherence to the Make in India Policy by the Department for Promotion of Industry and Internal Trade (DPIIT) Order dated September 16, 2020, is exclusively reserved for Class I and Class II bidders.
Make in India Policy
Understanding the Make in India Policy is crucial for prospective bidders.
This policy, initiated to promote indigenous manufacturing, plays a significant role in shaping the eligibility criteria for this bid.
Bidders must align with the policy’s guidelines to ensure compliance and maximize their chances of success.
Tender Details
The bid encompasses 166 items of pharmaceutical impurities. While bidders are encouraged to quote for all items, they are not obligated to do so.
This flexibility allows manufacturers to focus on their strengths and bid strategically.
The bid opening date, set for January 20, 2024, marks a critical milestone for interested parties.
Local Content Affidavit
Participating bidders must submit an affidavit on Rs. 100 stamp paper, validating their local content claim as per Annexure-F under the “Make In India” Policy.
This affidavit underscores the commitment to boosting indigenous production, a key aspect of the bidding process.
Bid Validity and Amendments
Quoted rates must remain valid for 18 months from the last date of tender.
The competent authority may extend the contract for another 18 months based on satisfactory performance.
Bidders should stay vigilant for amendments to the bidding documents on the GeM portal, ensuring they are well-informed throughout the process.
Pharmaceutical Impurities Supply Location
The bids aim to fulfill the supply of pharmaceutical impurities at IPC, Ghaziabad, following the Schedule of Requirement (SOR).
Manufacturers should familiarize themselves with the logistical aspects to meet IPC’s specifications.
Pre-Bid Meeting
A crucial pre-bid meeting, conducted remotely via video conferencing, provides an opportunity for authorized representatives to seek clarifications and address doubts.
IPC will share the meeting link through its website, emphasizing the importance of attendance for potential bidders.
Two-Bid System
The bidding process follows a two-bid system comprising a technical bid and a price bid.
Bidders need to meticulously adhere to all requirements, instructions, forms, terms, and conditions outlined in the bidding documents.
Failure to comply may lead to the rejection of the bid.
Bidder Responsibilities and Costs
Bidders should bear in mind that all costs associated with bid preparation, submission, and any site visits are solely their responsibility.
Regardless of the tender process outcome, the IPC will not reimburse these costs, reinforcing the need for careful consideration before participating.
Earnest Money Deposit (EMD)
The technical bid should include a copy of the demand draft for the Earnest Money Deposit (EMD), drawn in favor of “Indian Pharmacopoeia Commission” and payable at Ghaziabad.
Non-compliance with this requirement may result in the summary rejection of the bid.
Return of EMD for Unsuccessful Bidders
Unsuccessful bidders will have their EMD returned without interest after the bid’s expiration or contract conclusion, whichever is later, upon request. This reflects a fair practice in the bidding process.
Forfeiture of EMD for Awardee Backing Out
In the event of the awardee bidder failing to adhere to the bid document’s terms and conditions, their EMD will be forfeited.
This serves as a deterrent against non-compliance and emphasizes the seriousness of commitment in the bidding process.
Disclaimer: This article contains information derived from the source mentioned below. Our team utilized an AI language model to rewrite and present the news or article in a unique format.
FAQs
- Is participation limited to specific classes of bidders?
- Yes, the bid is reserved for Class I and Class II bidders as per the Make in India Policy.
- What is the significance of the pre-bid meeting?
- The pre-bid meeting provides an opportunity for authorized representatives to seek clarifications and address doubts regarding the bid.
- Can bidders choose not to quote for all 166 items?
- Yes, bidders have the flexibility to quote for selected items based on their expertise.
- What happens if a bidder fails to submit the local content claim affidavit?
- Failure to submit the local content claim affidavit may lead to the rejection of the bid.
- How long are quoted rates valid?
- Quoted rates must remain valid for 18 months from the last date of the tender.
Govt revises Schedule M: Revolutionizing Pharmaceutical Manufacturing
New class of antibiotics developed to fight drug-resistant bacteria
USFDA approval granted for this generic drug to treat diabetes
Gujarat FDCA: Obtain Online Non Conviction and Performance Certificates
CDSCO Directs GSK to Submit Data for Belantamab Mafodotin Trial
NPPA’s Directive: Streamlining Drug Formulation Pricing
Govt Job: For M.Pharm, Pharm.D under (IPC) Indian Pharmacopoeia Commission
UK MHRA’s Revolutionary International Recognition Procedure
Drug recall: Benzocaine Topical Anesthetic Spray recalled Due to this reason
For informative videos by The Health Master, click on the below YouTube icon:
For informative videos on Medical Store / Pharmacy, click on the below YouTube icon:
For informative videos on the news regarding Pharma / Medical Devices / Cosmetics / Homoeopathy etc., click on the below YouTube icon:
For informative videos on consumer awareness, click on the below YouTube icon: