Union Bank of India Security Manpower Service Tender Armed Security Guard Rajasthan 2026

Tender Overview

Union Bank of India invites bids for Security Manpower Service (Armed Security Guards) under a 2026 procurement in the banking sector. Estimated value: ₹4,000,000 with an EMD of ₹80,000. Location uncertainty is noted; scope centers on hotel/bank security services deployment at bank premises. The contract includes a 25% quantity/duration adjustment window and the supplier must honor revised terms post-issuance. This procurement emphasizes wage compliance and statutory documentation, aligning with bank security standards and contractor payroll management. The bid terms require flexible scope handling and strict salary payment discipline by the provider, which differentiates bidders with robust payroll controls and ATC compliance.

Technical Specifications & Requirements

• No explicit product specs provided; core need is armed security manpower service for banking premises under Union Bank of India’s Department of Financial Services framework.
• BOQ items disclose zero quantity entries; competitive bids should assume deployment of guards meeting standard manpower norms and statutory obligations.
• Key provisions include: 25% bid quantity/contract duration flexibility at both bidding and post-award stages; service provider salary payments to deployed staff prior to claimant reimbursement with PF/ESIC evidence.
• Emphasis on compliance with at-source payroll, and submission of worker welfare documentation during contract execution.
• Estimated contract value signals multi-year security staffing commitments and continuity risks.

Terms, Conditions & Eligibility

• EMD: ₹80,000 (as per tender) to be deposited with bid submission.
• Payment terms demand salary disbursement by the service provider to staff before invoicing for reimbursement with statutory documents.
• 25% scope adjustment permitted pre/post award; lumpsum expansions allowed with provider consent.
• Experience/eligibility not expressly defined; bidders should demonstrate payroll capabilities and compliance readiness to deploy armed guards for bank security.
• Documentation must include standard statutory filings and employer obligations; ensure readiness to provide PF/ESIC records and bank statements of payroll as part of compliance.