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Contract Bidding Open For Paper for Magnetic Ink Character Recognition (MICR) Cheque Printing (V2) as per IS 11087 in PUNE, MAHARASHTRA

Bid Publish Date

12-Feb-2025, 3:55 pm

Bid End Date

24-Feb-2025, 11:00 am

EMD

₹2,00,000

Progress

Issue12-Feb-2025, 3:55 pm
AwardPending

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.

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Tender Data

Bid Details

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

Requirements

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

Additional Tender Data

Commercial Details

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)

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTBANK OF MAHARASHTRA

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Documents 6

GeM-Bidding-7513775.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

GeM Category Specification

GEM_CATEGORY_SPECIFICATION

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Experience Criteria

2

Past Performance

3

Bidder Turnover

4

Certificate (Requested in ATC)

5

OEM Authorization Certificate

6

OEM Annual Turnover

7

Additional Doc 1 (Requested in ATC)

8

Additional Doc 2 (Requested in ATC)

9

Additional Doc 3 (Requested in ATC)

10

Compliance of BoQ specification and supporting document *In case any bidder is seeking exemption from Experience / Turnover Criteria

11

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

What are the eligibility requirements for participating in the procurement of MICR Paper?

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.

What certificates are necessary for submitting a bid?

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.

How should the submission of documents be approached?

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.

What is the Earnest Money Deposit for this tender?

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.

Are there any advantages for MSEs in this procurement process?

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.

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