Currency Counting Machine (V2)
Gujarat Electricity Board (geb) - Gujarat Urja Vikas Nigam Limited (guvnl)
RAJKOT, GUJARAT
Bid Publish Date
24-Oct-2025, 4:35 pm
Bid End Date
27-Oct-2025, 5:00 pm
Location
Progress
Quantity
2
Bid Type
Two Packet Bid
Organization: State Bank of India (Department of Financial Services) in SriKakulam, Andhra Pradesh. Procured item: Currency Counting Machine (V2) for bank operations, with scope including installation, training, and comprehensive warranty. Estimated value and EMD are not disclosed. The tender emphasizes post-warranty support, on-site commissioning, and demonstration requirements. Unique terms include an option to adjust quantity by up to 25% during and after contract, with delivery calculated from the last delivery date and minimum 30 days added if extended. This procurement targets robust note authentication, high counting speed, and integrated accessories to support bank cash handling.
Currency Counting Machine (V2) as per SBI procurement in Andhra Pradesh
Includes installation and commissioning within scope
Comprehensive warranty for the complete unit
Training and demonstration to be provided
Minimum free services during comprehensive warranty/CMC/AMC
Post-warranty support
25% quantity variation right at purchase and during currency of contract
Delivery period recalculation rules with minimum 30 days
Comprehensive unit warranty and post-warranty support
Details not provided; bidders to comply with standard SBI terms and option clause for quantity adjustments
Delivery period starts from last date of original delivery order; extended time for option exercised; minimum 30 days added
Not specified in data; contractors should anticipate standard SBI penalties for late delivery
Experience in supplying currency counting machines to financial institutions
Financial stability evidenced by recent financial statements
OEM authorization or authorized dealer status for currency counting systems
Main Document
CATALOG Specification
GEM_GENERAL_TERMS_AND_CONDITIONS
Gujarat Electricity Board (geb) - Gujarat Urja Vikas Nigam Limited (guvnl)
RAJKOT, GUJARAT
Canara Bank
BANGALORE, KARNATAKA
Canara Bank
UJJAIN, MADHYA PRADESH
Lic - Life Insurance Corporation Of India
VISAKHAPATNAM, ANDHRA PRADESH
Tiruvannamalai District Central Cooperative Bank Ltd.
TIRUVANNAMALAI, TAMIL NADU
Tender Results
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| Category | Specification | Requirement |
|---|---|---|
| Generic | Description and Purpose of Machine | A currency counting machine is a device designed to accurately count banknotes. Equipped with mechanical components to automate the counting process. These machines may also have electronic sensors to detect counterfeit or damaged currency as applicable. |
| Generic | Construction | The currency counting machine will feature an aesthetically pleasing design and robust construction, ensuring it remains stable and undistorted during operation. All rotating and moving parts will operate smoothly and securely. Key components of the currency counting machine include an appropriate motor, sensors as applicable etc. The machine is equipped with necessary safety devices to prevent accidents during use. |
| Features and Performance | Display | LCD/LED/Digital Display |
| Features and Performance | Type of Counting Mechanisms | Loose Currency |
| Features and Performance | Foam Factor/Type | Desktop/Table Top-Type |
| Features and Performance | Additional Sensors for Note Authentication of the Machine | CIS (Contact Image Scanner), UV (Ultra-Violet Light/Fluorescent Scanner), MG (Magnetic Scanner), IR (Infra Red Scanner) |
| Features and Performance | Counting speed, (Number of Currency Notes/Minutes) | Upto 1200 |
| Features and Performance | Salient Features | Capable of Counting and Totalling Multi Denominations Currency Notes in single operation |
| Features and Performance | Additional Accessories | Additional Display |
| Buyer Specific Requirements | Other requirements | As per buyer added ATC/ASOW if any (The ATC/ASOW/additional requirement shall be complement to the existing Category specifications. Any stipulation which are directly contradictory to the category specifications be considered as null and void. Any bid having contradictory specifications/ATC will be liable to cancelled) |
| Service, Warranty, Installation and Commissioning | Comprehensive warranty for complete unit | 1 year from the date of satisfactory commissioning of the machine |
| Service, Warranty, Installation and Commissioning | Installation and Commissioning inclusive in the scope of supply | Yes |
| Service, Warranty, Installation and Commissioning | Training and Demonstration | The installation and demonstration of the machine at the consignee place shall be carried out as part of installation and commissioning |
| Service, Warranty, Installation and Commissioning | Minimum Free Services during Comprehensive warranty / CMC / AMC for complete unit | 2 nos. per year |
| Service, Warranty, Installation and Commissioning | Post warranty support | Agree to provide all supports and spares etc including CMC / AMC as per independent contract if placed by the buyer for 7 years from the date of commissioning |
| Certification / Test Report | Type of lab which carried out Test of Complete Product to prove the conformity of product as per Governing Specification | OEM/Govt. Lab/NABL Accredited Lab |
Discover companies most likely to bid on this tender
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar currency counting machine deployments
Financial statements demonstrating financial stability
EMD/Security deposit documents
Technical bid documentation demonstrating compliance
OEM authorizations or dealer/ distributor credentials
Key insights about ANDHRA PRADESH tender market
To bid, bidders must submit GST, PAN, experience certificates, financial statements, EMD, and OEM authorizations along with technical bid. The procurement requires installation, training, demonstration, and a comprehensive warranty. Ensure compliance with the 25% quantity variation clause and calculated delivery timelines from the last delivery order date.
Required documents include GST certificate, PAN card, experience certificates for similar deployments, financial statements, EMD documentation, technical bid, and OEM authorization. Ensure each document is valid, up-to-date, and demonstrates capability to supply currency counting machines with authentication sensors.
The tender specifies note authentication sensors, counting speed, display type, and foam factor, though exact speeds and interfaces are not disclosed. Emphasis on comprehensive warranty, installation, training, and post-warranty support. Ensure device supports SBI’s governance specifications for currency handling and security features.
The purchaser may increase or decrease quantity up to 25% at contract placement and during currency of contract. Delivery timing adjusts based on the new quantity relative to original, with a minimum extension of 30 days to accommodate changes.
Delivery schedule is calculated from the last date of the original delivery order. If the option clause is exercised, the extended time is ((additional quantity) ÷ (original quantity)) × (original delivery period) with a minimum of 30 days; ensure a clear delivery plan with milestones.
A comprehensive warranty for the complete unit is required, including minimum free services during warranty and post-warranty support. Expect service commitments, possible CMC/AMC terms, and on-site installation and commissioning included in the scope.
Bidders must provide OEM authorizations or authorized dealer credentials for currency counting systems. This ensures technical compliance, access to spare parts, and legitimate support channels for installation, training, and post-sale service.
State Bank Of India (sbi)
State Bank Of India (sbi)
📍 MOKOKCHUNG, NAGALAND
State Bank Of India (sbi)
📍 THRISSUR, KERALA
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Main Document
CATALOG Specification
GEM_GENERAL_TERMS_AND_CONDITIONS