Open Tender for currency counting machine in EAST DELHI, DELHI

The eligibility requirements include being a registered entity with a valid business license. Bidders must have prior experience in supplying similar products and demonstrate technical proficiency in currency counting machines. All the necessary documents, including compliance certificates and financial statements, must be submitted alongside the bid to validate eligibility.

The technical specifications for the currency counting machines include high counting speed, error detection mechanisms, and the ability to handle multiple currencies. Additionally, machines should possess a compact design, user-friendly controls, and a durable build to withstand extensive use. These specifications ensure efficiency in cash handling processes.

Bidders can submit their proposals through the designated online portal as per the outlined submission methods. All documentation must be provided in the required formats, including technical details, financial proposals, and certificates. It is crucial to adhere to all stipulations about document completeness and clarity for a smooth evaluation process.

Yes, this tender includes special provisions for Micro, Small, and Medium Enterprises (MSEs) and startups. Such entities may receive preferential treatment during the evaluation process, including potential advantages in price evaluations. Compliance with procurement policies, such as the 'Make in India' initiative, may also benefit these bidders, promoting local sourcing and manufacturing.

The payment terms will be detailed within the final agreement post-tender acceptance. Bidders should prepare to provide an Earnest Money Deposit (EMD), the details of which will also be specified in the final documentation. Performance security may be required to ensure compliance with contract terms, and bidders are advised to review the proposal guidelines closely for these requirements.