Bid Publish Date
12-Feb-2025, 3:55 pm
Bid End Date
24-Feb-2025, 11:00 am
EMD
₹2,00,000
Location
Progress
Public procurement opportunity for Bank Of Maharashtra Paper for Magnetic Ink Character Recognition (MICR) Cheque Printing (V2) as per IS 11087 (Q3) in PUNE, MAHARASHTRA. Quantity: 50000 issued by. Submission Deadline: 24-02-2025 11: 00: 00. View full details and respond.
Quantity
50000
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
30
OEM Avg. Turnover
30
Past Performance
80 %
Experience Required
3 Year (s)
Arbitration Clause
Yes (Arbitration clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 Arbitration should not be routinely included in contracts
Mediation Clause
Yes (Mediation clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 mediation clause should not be routinely included in contracts and pre- litigation mediation can be taken up without any such clause also
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Paper for Magnetic Ink Character Recognition (MICR) Cheque Printing (V2) as per IS 11087 (Q3)
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Main Document
OTHER
OTHER
GEM_CATEGORY_SPECIFICATION
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC)
Additional Doc 3 (Requested in ATC)
Compliance of BoQ specification and supporting document *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
Key insights about MAHARASHTRA tender market
The eligibility requirements encompass being a registered entity with proven experience in supplying MICR Paper or similar products. Bidders must demonstrate past performance and meet the turnover criteria as stipulated in the tender. For entities seeking an exemption from these criteria, supporting documents evidencing their capability and past experience must be submitted for evaluation. Compliance with the technical requirements listed in the tender specification is also crucial for eligibility.
Bidders must present several required certificates, including an OEM Authorization Certificate, compliance statements for the Bill of Quantities (BoQ) specifications, and additional documents requested in the ATC. Demonstrating compliance with relevant technical and quality standards is paramount to ensure that the submitted bids are valid and competitive. It is essential to review all requirements listed in the tender documentation and comply accordingly.
Documents should be submitted through the specified electronic portal in accepted formats as outlined in the tender. Bidders must ensure that all documentation is complete, including proof of experience, financial health, and technical certifications. Timeliness in submissions is key; thus, it is advisable to be aware of the deadlines mentioned in the tender to avoid disqualification.
The Earnest Money Deposit (EMD) required for participation in this tender is set at ₹200,000. This deposit is crucial, as it demonstrates the serious intent of bidders in pursuing the contract. In the event of bid rejection or non-fulfillment of contract terms, conditions surrounding the EMD will apply according to the tender rules.
Yes, there are distinct benefits for Micro, Small, and Medium Enterprises (MSEs) in this tender. The procurement process includes provisions to support MSEs and startups, enabling them to compete effectively. MSEs may receive price preferences and exemptions from certain requirements, thus fostering a more inclusive environment for smaller suppliers to participate in government procurement. Compliance with ‘Make in India’ policies and local content regulations further supports MSE participation.
These responses provide valuable insights into navigating the procurement process efficiently, ensuring that all potential bidders are well-informed of the regulations and requirements before submission.