Indian Bank Title Tender in Rajkot Gujarat 2026 – 500000 Estimated Value with 25% Quantity Option
Progress
Tender Overview
Organization: Indian Bank; Location: Rajkot, Gujarat 360001; Product category: multiple-item procurement under Hero terms; Estimated value: ₹5,00,000; Bid quantity option: up to 25% increase during contract; Delivery terms: as per original delivery period, extended per option clause; BOQ: 5 items listed (N/A details) with unspecified quantities. This tender emphasizes flexible quantity handling and ATC terms, suitable for bidders capable of rapid scaling within contract limits and compliance with bank procurement rules. The ATC file exists, and bidders should review it for compliance nuances not visible in the BOQ summary. The opportunity is positioned to attract suppliers with ready inventory or scalable supply capacity while aligning to public financial services procurement norms.
Technical Specifications & Requirements
- Delivery option clause: Purchaser may increase/decrease quantity up to 25% of bid quantity at contract placement and during currency.
- Delivery timeline logic: Additional time calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days; extended delivery period may apply.
- Delivery period commencement: From the last date of the original delivery order; applies to extended periods when option clause is exercised.
- BOQ detail status: 5 items exist, all listed as N/A with no explicit quantities; bidders must rely on ATC for exact scope.
- Emphasis: Compliance with Buyer Added Terms and ATC specifics; bidders must review the uploaded ATC document for technical and contract obligations.
Terms, Conditions & Eligibility
- EMD: Not specified in available data; bidders should verify EMD requirements in ATC.
- Delivery terms: Flexible quantity adjustment up to 25% during contract; delivery schedule aligns with original delivery period or as extended.
- ATC references: ATC document uploaded by buyer; bidders must view and conform to terms therein.
- Geographic scope: Rajkot, Gujarat; procurement for a financial services purchaser.
- Document expectations: Standard bidder documentation per tender norms; ensure alignment with bank procurement policies and ATC specifics.
Key Specifications
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Organization: Indian Bank
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Location: Rajkot, Gujarat
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Estimated Value: ₹5,00,000
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BOQ: 5 items (N/A quantities in available data)
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Quantity variation: up to 25% of bid quantity during contract
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Delivery time: calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
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Delivery start: from last date of original delivery order; applies to extended period
Terms & Conditions
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Option Clause allows ±25% quantity change at contract placement and during currency
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Delivery period adjustments follow the specified formula with minimum 30 days
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ATC document governs detailed technical and contractual obligations
Important Clauses
Payment Terms
Not detailed in available data; verify in ATC for timing, milestones, and any advance/deposit requirements.
Delivery Schedule
Delivery timeline linked to original delivery order; extended time may apply per option clause with minimum 30 days.
Penalties/Liquidated Damages
Not specified here; must be confirmed in ATC terms and contract.
Bidder Eligibility
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Eligible bidders must review ATC and comply with Bank procurement policies
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Must be capable of scaling supply by up to 25% beyond bid quantity
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Must submit standard bid documents: GST, PAN, EMD documentation as applicable
Tender Data
Bid Details
Quantity
28
Category
Title1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
25
Past Performance
80 %
Experience Required
2 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Title1 , Title2 , Title3 , Title4 , Title5
Payment Timelines
Payments shall be made to the Seller within 10 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Rajkot
Delivery Pincodes
360005
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Sumit Shriram Khot | 360005,Indian Bank, Zonal Office Rajkot, 201, 2nd Floor, Central Block, Twin Star Building, 150 ft. Ring Road, Nana Mava Circle, RAJKOT | Rajkot | Gujarat | 360005 | 3 | 15 | - |
Authority Records
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Documents 5
GeM-Bidding-9977048.pdf
Main Document
BOQ Document
BOQ
BOQ Document
BOQ
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Bill of Quantities (BOQ)
5 Items Sign in to view GEM price trends Sign in for GEM prices
Title1
As per specification 1
Title2
As per specification 2
Title3
As per specification 3
Title4
As per specification 4
Title5
As per specification 5
| Item # | Title | Description | Quantity | Unit | Consignee | Delivery (Days) | Price Trends |
|---|---|---|---|---|---|---|---|
| 1 | Title1 | As per specification 1 | 3 | pieces | zo_rajk_con1 | 15 | |
| 2 | Title2 | As per specification 2 | 4 | pieces | zo_rajk_con1 | 15 | |
| 3 | Title3 | As per specification 3 | 7 | mitar | zo_rajk_con1 | 15 | |
| 4 | Title4 | As per specification 4 | 7 | mitar | zo_rajk_con1 | 15 | |
| 5 | Title5 | As per specification 5 | 7 | pieces | zo_rajk_con1 | 15 |
Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates (if requested by ATC)
Financial statements or turnover evidence (if requested by ATC)
EMD/Security deposit documents (as specified in ATC)
Technical bid documents demonstrating compliance with ATC
OEM authorizations or dealership certificates (if applicable)
Any other documents explicitly required in the ATC
Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid in Indian Bank tender in Rajkot Gujarat 2026?
Bidders must review the uploaded ATC for the buyer's terms, submit GST and PAN, and provide EMD documents if required. Ensure capability to adjust quantities up to 25%, and align with delivery timelines starting from the last date of the original delivery order.
What documents are required for Indian Bank procurement in Rajkot?
Prepare GST certificate, PAN card, experience certificates (if requested), financial statements, EMD documents, technical bid documents, and any OEM authorizations specified in the ATC. Ensure all documents reflect current organization details and compliance with bank procurement rules.
What are the delivery terms for the 25% quantity option tender?
Delivery timing follows the original delivery period; extended time is calculated by (Increased quantity ÷ Original quantity) × Original period, with a minimum of 30 days. The option can extend the period during contract execution.
What standards or certifications are required for this tender in Rajkot?
Standards are defined in the ATC; bidders must review IS or other specified certifications if stated. Ensure compliance with any IS/ISO/ISI-type requirements referenced in the ATC and BOQ documentation.
When is the delivery schedule activated under this bank tender?
Delivery starts from the last date of the original delivery order; if option clause is exercised, extended delivery time follows the calculated formula with a minimum 30 days added.
What is the estimated value and scope of Indian Bank procurement in Gujarat?
The tender has an estimated value of ₹5,00,000 for five items (N/A quantities in available data). Bidders should verify item specifics in the ATC for exact scope and quantities before submission.
What is required to demonstrate eligibility for this Rajkot bid?
Demonstrate ability to supply within 25% quantity variation, provide required financial and experience documentation per ATC, and ensure compliance with bank procurement terms and delivery conditions.
How to access the ATC for this tender in Gujarat?
The ATC document is uploaded by the buyer; bidders must click the provided link in the tender portal to view and conform to the added terms and conditions before submitting the bid.