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Government Tender Published for DCO Penta Alkyd Resin 70% Oil Length in DEWAS, MADHYA PRADESH

Bid Publish Date

09-Dec-2024, 12:08 pm

Bid End Date

22-Feb-2025, 11:00 am

EMD

₹38,740

Value

₹19,36,860

Generate Docs

Progress

RA
Issue09-Dec-2024, 12:08 pm
Reverse AuctionCompleted
AwardCompleted
Explore all 4 tabs to view complete tender details

Quantity

11400

Bid Type

Two Packet Bid

Categories 1

Security Printing And Minting Corporation Of India Limited (spmcil) invites bids for DCO Penta Alkyd Resin 70% Oil Length in DEWAS, MADHYA PRADESH. Quantity: 11400. Submission Deadline: 22-02-2025 11: 00: 00. Submit your proposal before the deadline.

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

DCO Penta Alkyd Resin 70% Oil Length

Authority Records

MINISTRY OF FINANCEECONOMIC AFFAIRS DEPARTMENT
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Documents 3

GeM-Bidding-7144767.pdf

Main Document

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Past Similar Tenders (Historical Results)

5 found

SPMCIL Procurement DCO Penta Alkyd Resin 70% Oil Length Tender 2025

Security Printing And Minting Corporation Of India Limited (spmcil)

DEWAS, MADHYA PRADESH

Posted: 22 October 2025
Closed: 21 November 2025
GEM

Alkyd Resin 72% Oil Length

Security Printing And Minting Corporation Of India Limited (spmcil)

DEWAS, MADHYA PRADESH

Posted: 22 December 2025
Closed: 21 January 2026
GEM

Security Printing And Minting Corporation Of India Limited Alkyd Resin 72% Oil Length Tender Dewas Madhya Pradesh 2026

Security Printing And Minting Corporation Of India Limited (spmcil)

DEWAS, MADHYA PRADESH

Posted: 30 April 2026
Closed: 14 May 2026
GEM

Alkyd Resin 72% Oil Length

Security Printing And Minting Corporation Of India Limited (spmcil)

DEWAS, MADHYA PRADESH

Posted: 5 March 2025
Closed: 4 April 2025
GEM

Soyabean Alkyd Resin 50% Oil Length

Security Printing And Minting Corporation Of India Limited (spmcil)

DEWAS, MADHYA PRADESH

Posted: 8 October 2025
Closed: 25 October 2025
GEM

Required Documents

1

Certificate (Requested in ATC)

2

OEM Authorization Certificate *In case any bidder is seeking exemption from Experience / Turnover Criteria

3

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

Corrigendum Updates

3 Updates
#1

Update

15-Feb-2025

Extended Deadline

22-Feb-2025, 11:00 am

Opening Date

22-Feb-2025, 11:30 am

#2

Update

01-Feb-2025

Extended Deadline

08-Feb-2025, 3:00 pm

Opening Date

08-Feb-2025, 3:30 pm

#3

Update

15-Jan-2025

Extended Deadline

22-Jan-2025, 3:00 pm

Opening Date

22-Jan-2025, 3:30 pm

Reverse Auction Schedule

Completed

Start

27-Mar-2025, 5:00 pm

End

28-Mar-2025, 5:00 pm

Duration: 24 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Item Date Status
1
CHERRY PAINTS AND POLYMERS PVT LTD   Under PMA
Make : CHERRY PAINTS AND POLYMERS Model : DCO Penta Alkyd Resin 70% Oil Length Title : DCO Penta Alkyd Resin 70% Oil Length21-01-2025 16:18:47
2
MPD INDUSTRIES PRIVATE LIMITED   Under PMA
Make : DCO Penta Alkyd Resin 70% Oil Length (Q3) Model : DCO Penta Alkyd Resin 70% Oil Length (Q3) ALK 2064 Title : DCO Penta Alkyd Resin 70% Oil Length22-01-2025 13:51:24

Reverse Auction Results Final Prices

These are the final prices after the reverse auction event. Prices may be lower than initial bids.

Rank Seller Final Price Item
L1CHERRY PAINTS AND POLYMERS PVT LTD(MSE,MII)   Under PMA Winner ₹18,99,582Item Categories : DCO Penta Alkyd Resin 70% Oil Length
L2MPD INDUSTRIES PRIVATE LIMITED (MII)   Under PMA₹19,01,862Item Categories : DCO Penta Alkyd Resin 70% Oil Length

🎉 L1 Winner

CHERRY PAINTS AND POLYMERS PVT LTD(MSE,MII)   Under PMA

Final Price: ₹18,99,582

Frequently Asked Questions

Key insights about MADHYA PRADESH tender market

FAQs on DCO Penta Alkyd Resin Tender

Details are provided in the tender document.

1. What is the eligibility requirement for this tender?

Details are provided in the tender document.

Eligible bidders include entities with necessary certifications. MSEs and startups can participate with exemptions from turnover and experience criteria provided they meet technical specifications.

Details are provided in the tender document.

2. What documents are required for submission?

Details are provided in the tender document.

Bidders must submit several essential documents, such as the OEM Authorization Certificate and any supporting documents needed for claiming exemptions under the MSE/startup category.

Details are provided in the tender document.

3. How do I register to participate in this tender?

Details are provided in the tender document.

To participate, bidders need to register with the GeM portal and ensure all required certifications are valid.

Details are provided in the tender document.

4. What are the technical specifications for the resin?

Details are provided in the tender document.

The technical specifications for DCO Penta Alkyd Resin 70% Oil Length are detailed in the technical document, available for download via the provided link in the tender description.

Details are provided in the tender document.

5. Can MSEs and startups benefit from any exemptions?

Details are provided in the tender document.

Yes, MSEs and startups are exempted from experience and turnover criteria, contingent on meeting specified quality and technical standards required in the bid.

Details are provided in the tender document.

6. How much is the Earnest Money Deposit (EMD)?

Details are provided in the tender document.

The EMD for this tender is ₹38,740, which must be paid as part of the bid submission process, ensuring eligibility for consideration.

Details are provided in the tender document.

7. What are the payment terms upon completion of the contract?

Details are provided in the tender document.

Payment will be made in full (100%) after satisfactory completion of services and submission of all required documents. Payments are processed via RTGS.

Details are provided in the tender document.

8. How long is the bid validity for the submitted offers?

Details are provided in the tender document.

The bid offer validity is set for 120 days from the bid closing date, ensuring offers remain open during evaluation.

Details are provided in the tender document.

9. Is there any preference for local suppliers?

Details are provided in the tender document.

Yes, there is a clear preference for local suppliers under the Make in India initiative, enhancing opportunities for Class 1 local suppliers defined in the policy documents.

Details are provided in the tender document.

10. What if I need to clarify a technical aspect during the bidding process?

Details are provided in the tender document.

Bidders are allowed 2 days for technical clarifications during the evaluation phase. Ensure you adhere to the timelines for any questions or clarifications.

Details are provided in the tender document.

11. Are any certifications required from bidders from neighboring countries?

Details are provided in the tender document.

Yes, any bidders from countries sharing land borders with India must register with DPIIT and provide necessary certificates to affirm their eligibility for participation in this tender.

Details are provided in the tender document.

12. What is the performance security requirement?

Details are provided in the tender document.

A performance security of 5% of the total contract value is required and must be submitted within the timeframe stated in the contract post-award.

Details are provided in the tender document.

13. How are bids evaluated?

Details are provided in the tender document.

Bids are evaluated based on total value, considering compliance with technical specifications, financial stability, and meeting the mandatory document requirements.

Details are provided in the tender document.

14. Can documents be submitted in formats other than those requested?

Details are provided in the tender document.

Documents must follow specified formats, and failing to submit necessary documents could disqualify the bid during evaluation.

Details are provided in the tender document.

15. Where will the products be delivered?

Details are provided in the tender document.

Products should be delivered to the Bank Note Press, Dewas, following the installation and delivery timelines outlined in the tender documentation.

Details are provided in the tender document.

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