Tender Overview
Punjab National Bank (PNB) invites bids for a Cash In Transit Service contract, including Armed Guards, Cash Custodian/Loader, Driver roles, with Ex-Servicemen only eligibility and Air Conditioned vehicle requirements. The estimated contract value is ₹102,000,000.0, indicating a substantial security logistics engagement across multiple locations. The tender specifies a flexible quantity/duration variance of up to 25% at contract issuance, and up to 25% adjustment post-issuance. An essential differentiator is the requirement for an office of the service provider within the state of the consignee, with documentary evidence to be provided. The BOQ contains no items, suggesting a broad scope and potential deployment scale rather than a fixed line-item purchase. This procurement targets reliable security logistics capable of handling cash transit with compliant personnel and environment constraints. The absence of explicit start/end dates requires bidders to confirm delivery readiness and mobilization timelines during bid submission.
Technical Specifications & Requirements
- Service scope: Cash in transit with armed guards, cash custodians/loaders, and drivers; AC-equipped vehicles.
- Personnel eligibility: Ex-Servicemen only; guards and drivers must be employed for transit operations.
- Vehicle requirements: Air Conditioned, suitable for secure cash transit operations; operational readiness across regions.
- Location requirement: Service-provider office must be located in the state of the consignee; documentary evidence to be supplied.
- Quantity flexibility: Bid quantities/duration may adjust up to 25% at the time of contract issue and post-issuance.
- Financial scope: Estimated value of ₹102,000,000.0; no BoQ items reported; bidder must reflect mobilization costs and deployment plan.
- Compliance: No explicit standards listed; bidders should propose security, payroll, and compliance frameworks to meet bank security norms.
Terms, Conditions & Eligibility
- EMD/Performance terms: Not disclosed in data; bidders should verify at bid stage and prepare standard security deposit as per bank norms.
- Delivery/ mobilization: No fixed dates published; respond with mobilization plan and delivery milestones during bid submission.
- Office requirement: Provide documentary evidence of service-provider office in consignee state.
- SLAs: Service levels to be defined in contractual attachments; ensure compliance with security, response time, and incident handling.
- Document submissions: Include GST, PAN, experience certificates, financial statements, and OEM authorizations where applicable; ensure availability of required bid documents for bidder eligibility.
