Currency Counting Machine (V2),Currency Counting Machine (V2)
Canara Bank
BANGALORE, KARNATAKA
Posted:
20 February 2026
Closed:
23 February 2026
GEM
GEM
GUVNL Currency Counting Machine Tender Jamnagar Gujarat 2025 - ISI/AAA/TRTL Standards, Q2
Progress
Issue13-Dec-2025, 3:40 pm
Technical23-12-2025 12:24:53
Financial
Award04-Jan-2026, 2:57 am
Quantity
7
Bid Type
Two Packet Bid
Key Highlights
- • Explicit quantity variation clause: ±25% during contract and currency of contract
- • Delivery period mechanics based on last date of original delivery order with a minimum 30 days
- • No BOQ items or estimated value published; bidders must prepare for flexible scope
- • Organization and location: Gujarat Urja Vikas Nigam Limited (GUVNL), Jamnagar, Gujarat
- • Product focus: Currency Counting Machine (V2) – Q2 category within energy/public procurement
- • Standards/certifications not listed; bidders should verify ISI/ISO equivalents in subsequent communications
- • Advance planning for EMD, payment terms, and warranty unknown in current data
Categories
2
Tender Overview
Gujarat Electricity Board (GEB) / Gujarat Urja Vikas Nigam Limited (GUVNL) invites bids for a Currency Counting Machine (V2) – Q2 in Jamnagar, Gujarat 360510. While the tender page lists no BOQ items or explicit quantity, the buyer-provided terms reserve a +/- 25% quantity option with rates fixed to the contracted price and a delivery framework tied to the last date of the original order. The procurement focuses on automated currency handling equipment, requiring adherence to the extended delivery methodology and optional quantity adjustments under the contract. This opportunity hinges on accurate bid submission and conformance to the option-clause delivery schedule, with the crucial distinction that no explicit EMD or estimated value is disclosed in the data available. Bidders should align pricing with potential quantity variations and ensure readiness for post-award adjustments. The tender’s core differentiator is the explicit option clause governing quantity changes and delivery-time computations, demanding robust procurement planning and risk mitigation in a government-led currency handling equipment purchase.
Technical Specifications & Requirements
- Product: Currency Counting Machine (V2) – Q2
- Location: Jamnagar, Gujarat 360510
- Standards/Certifications: Not specified in the data; bidders should assume standard currency processing equipment compliance unless stated otherwise
- Delivery Terms: Delivery timeline tied to the last date of the original delivery order; extended period calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
- Quantity Flexibility: Up to ±25% change in bid/contract quantity
- Pricing: Contracted rates apply for additional quantity during currency of contract
- BOQ: Not provided; no listed items or values
- Additional Considerations: Compliance with any future amendments and alignment with government purchase rules
Terms, Conditions & Eligibility
- EMD: Not disclosed in the provided data; bidders should monitor for official disclosure
- Delivery: As per option-clause formula, minimum 30 days for added delivery time
- Payment Terms: Not specified in the data; bidders should await official T&C for milestone payments
- Experience: Not specified; bidders should prepare relevant currency handling equipment deployment capabilities
- Documents: Not specified; typical bid would require GST, PAN, technical compliance, and OEM authorizations
- Penalties/Warranty: Not specified; no explicit LD or warranty terms provided
- Qualification: Must comply with purchaser’s right to adjust quantity and delivery windows as described
Key Specifications
-
- Product/service: Currency Counting Machine (V2) – Q2
-
- Location: Jamnagar, Gujarat 360510
-
- Delivery: Calculated using (Increased quantity ÷ Original quantity) × Original delivery period; minimum 30 days
-
- Quantity flexibility: ±25% during contract
-
- Pricing: Contracted rates apply to additional quantity during contract duration
Terms & Conditions
-
Key Term 1: Deliveries may be increased/decreased by up to 25% at contract time
-
Key Term 2: Delivery timeline extends from last date of original order with minimum 30 days
-
Key Term 3: No explicit EMD, value, or payment terms disclosed in tender data
Important Clauses
Payment Terms
Official payment terms to be provided; bidders should await detailed schedule and milestone payments
Delivery Schedule
Delivery time recalculated based on option clause; minimum 30 days for any extended delivery
Penalties/Liquidated Damages
No LD details disclosed; penalties to be confirmed in final NIT/T&C
Bidder Eligibility
-
Demonstrated experience in supplying currency handling equipment or similar automated counting systems
-
Compliance with GST and tax documentation for government tenders
-
Financial stability evidenced by audited statements
Documents 2
GeM-Bidding-8712017.pdf
Main Document
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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(Historical Results)
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Tender Results
Loading results...
Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Experience certificates for currency counting or related equipment deployment
4
Financial statements (audited) for last fiscal year
5
EMD submission proof (amount and mode to be clarified in official tender)
6
Technical bid documents demonstrating compatibility with currency handling equipment
7
OEM authorization letters (if manufacturer not bidding directly)
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | ACCUTECH TECHNOLOGIES PRIVATE LIMITED Under PMA | Make : TVS ELECTRONICS Model : CASH COUNTER CC-552 Platina- Dual CIS Technology | 23-12-2025 12:24:53 | Qualified |
| 2 | EDISON TECHONOLOGIES Under PMA | Make : OEM GURU Model : LNC-2173 | 21-12-2025 09:26:06 | Disqualified |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | ACCUTECH TECHNOLOGIES PRIVATE LIMITED Under PMA | ₹1,98,240 | Item Categories : Currency Counting Machine (V2) |
Contract / Result Documents 1
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Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid for currency counting machine tender in Jamnagar 2025
Bidders should submit standard GST and PAN documentation, financials, and technical compliance for currency counting devices. Look for OEM authorization if not bidding directly, and prepare to meet the option-clause delivery terms with up to 25% quantity variation. Await official EMD details in the tender notification.
What documents are required for currency counting device bid in Gujarat
Required documents typically include GST registration, PAN, audited financial statements, experience certificates in currency handling or similar equipment, technical bid with device specifications, and OEM authorizations if applicable. EMD proof and bid security details will be clarified in the final tender notice.
What are the technical specifications for V2 currency counter in Jamnagar
The tender specifies Currency Counting Machine (V2) – Q2, located in Jamnagar, Gujarat. No detailed technical specs are published; bidders should demonstrate device compatibility, accuracy, and processing speed in the technical bid, while awaiting formal standards or certification requirements.
When is the delivery deadline after order for currency counter tender
Delivery timing follows the option clause: calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days. Suppliers must plan contingencies for quantity adjustments within the contract term.
What are the payment terms for Gujarat currency counter procurement
Payment terms are not disclosed in the initial data. Bidders should expect a government standard schedule and confirm milestones during bid submission. Prepare for milestones aligned with delivery acceptance and after delivery verification.
What eligibility criteria apply to currency counting machine procurement
Eligibility typically includes demonstrated capability in currency handling equipment, GST registration, financial stability, and relevant experience. OEM authorizations may be required if bidding through distributors, and bidders should be prepared for quantity-adjustment terms under the contract.
How to verify EMD and contract value details for this tender
EMD and estimated contract value are not disclosed in the data provided. Check the official tender notification for exact EMD amount, mode of payment, and value. Ensure your bid includes security deposits and bank guarantees as required by the final terms.
What standards or certifications are required for currency counters in Gujarat tender
The tender data does not specify standards. Bidders should prepare to demonstrate compliance with common currency processing equipment standards and obtain OEM certifications as applicable. Await final documentation to confirm ISI/ISO or other certifications required by GUVNL.
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Documents 2
GeM-Bidding-8712017.pdf
Main Document
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS