Government Tender Published for Note Sorting Machines in MALAPPURAM, KERALA
Bid Publish Date
18-Jun-2025, 6:01 pm
Bid End Date
05-Jul-2025, 10:00 am
Location
Progress
Canara Bank invites bids for Note Sorting Machines (Q3) in MALAPPURAM, KERALA. Quantity: 1. Submission Deadline: 05-07-2025 10: 00: 00. Submit your proposal before the deadline.
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | ALBERTSONS INTERNATIONAL PRIVATE LIMITED Under PMA | Make : ALBERTSONS Model : CashClean-250FK | 26-06-2025 11:02:52 | |
| 2 | MUDRAKSHI HYTECH INDIA PRIVATE LIMITED Under PMA | Make : Mudrakshi Model : Newton-30 | 30-06-2025 11:28:11 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | ALBERTSONS INTERNATIONAL PRIVATE LIMITED(MII) Under PMA | Item Categories : Note Sorting Machines | |
| L2 | MUDRAKSHI HYTECH INDIA PRIVATE LIMITED (MII) Under PMA | Item Categories : Note Sorting Machines |
Contract / Result Documents 1
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Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
45 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Requirements
Past Performance
20 %
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
Note Sorting Machines (Q3)
Authority Records
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Documents 3
GeM-Bidding-7983055.pdf
Main Document
GeM Category Specification
GEM_CATEGORY_SPECIFICATION
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
2 Updates Update
Update
Required Documents
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Frequently Asked Questions
Key insights about KERALA tender market
What are the eligibility requirements for GEM/2025/B/6358968?
The eligibility requirements include being a registered entity with relevant experience in supplying similar products. Additionally, bidders must demonstrate compliance with local regulations, present financial stability, and provide references of previous engagements relevant to the tender.
What technical specifications must the note sorting machines meet?
The technical specifications for the note sorting machines include high-speed performance, multimodal counterfeit detection, and an intuitive user interface. Bidders must ensure that the machines comply with known safety standards and are compatible with existing banking systems for effective integration.
What are the payment terms and performance security requirements?
The payment terms will typically be defined in the tender documents. It often involves an upfront payment followed by milestone payments upon successful delivery and installation. Bidders may also be required to submit a performance security, which acts as a guarantee to fulfill contractual obligations.
How should bidders submit their proposals and what formats are accepted?
Bidders can submit their proposals through the designated online tendering platform. The accepted document formats generally include PDF, DOCX, and XLSX. It is essential to adhere to the submission guidelines outlined in the tender documentation to ensure successful acceptance.
Are there any provisions for small businesses and startups participating in this tender?
Yes, the tender includes provisions encouraging participation from Micro, Small, and Medium Enterprises (MSEs) and startups, recognizing their role in fostering innovation and competition. Benefits may include easier qualification criteria and potential financial incentives or support.
The above FAQ section provides crucial insights into the tender process, ensuring that all interested bidders are well-prepared to submit compliant and competitive bids.