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Contract Bidding Open For Safes (V2) as per IS 550 in RANCHI, JHARKHAND

Bid Publish Date

24-Jun-2025, 9:32 am

Bid End Date

04-Jul-2025, 12:00 pm

Progress

Issue24-Jun-2025, 9:32 am
Corrigendum28-Jun-2025
Award27-Aug-2025, 2:24 am

Public procurement opportunity for Canara Bank Safes (V2) as per IS 550 (Q2) in RANCHI, JHARKHAND. Quantity: 1 issued by. Submission Deadline: 04-07-2025 12: 00: 00. View full details and respond.

Authority & Contact

Financial Results

Rank Seller Price Item
L1
SAFE AND SECURITY SYSTEMS   Under PMA
Item Categories : Safes (V2) as per IS 550
L2
INNOVATIVE WORLD(MII)   Under PMA
Item Categories : Safes (V2) as per IS 550
L3
BINOD KUMAR PRASAD   Under PMA
Item Categories : Safes (V2) as per IS 550
L4
GUARDWEL INDUSTRIES PRIVATE LIMITED   Under PMA
Item Categories : Safes (V2) as per IS 550

Contract / Result Documents 1

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Tender Data

Bid Details

Quantity

1

Bid Type

Single Packet Bid

Bid Validity

30 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Inspection Required

No

Tech Clarification Time

2 Days

Requirements

Min. Avg. Annual Turnover

3

OEM Avg. Turnover

3

Past Performance

80 %

Experience Required

3 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

No

Item Category

Safes (V2) as per IS 550 (Q2)

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTCANARA BANK

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Documents 4

GeM-Bidding-8003067.pdf

Main Document

GeM Category Specification

GEM_CATEGORY_SPECIFICATION

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Corrigendum Updates

2 Updates
#1

Update

28-Jun-2025
#2

Update

24-Jun-2025

Required Documents

1

Experience Criteria

2

Past Performance

3

Bidder Turnover

4

Certificate (Requested in ATC)

5

OEM Authorization Certificate

6

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

7

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

Frequently Asked Questions

Key insights about JHARKHAND tender market

What are the eligibility requirements for the tender?

The eligibility requirements include being a registered entity, capable of manufacturing safes that meet IS 550 standards. Bidders must hold necessary certifications and demonstrate a history of fulfilling similar contracts. Additionally, participants must prove their financial stability and capability to deliver specified goods.

What required certificates are needed for the tender?

Bidders need to provide certificates validating compliance with IS 550 specifications and any other relevant industry standards. This often includes ISO certifications or similar proof of quality assurance in the manufacturing of safes. Establishing a strong commitment to quality helps ensure eligibility and competitiveness for the tender.

What is the registration process for participants?

The registration process generally involves submitting a complete set of required documents along with the tender proposal through the electronic procurement platform. Prospective bidders should ensure that all necessary compliance documents and certifications are attached and that they adequately fulfill the requirements delineated in the tender notice.

What are the payment terms and EMD details?

Payment terms may include advance payments or milestone payments as agreed upon in the contract post-award. An Earnest Money Deposit (EMD) is typically required to secure the bid, which will be refunded upon completion of the contract, contingent upon compliance with all stipulated conditions.

How will the evaluation and selection process be conducted?

The evaluation and selection process will involve a thorough review of each bid based on compliance with technical specifications and financial viability. Bids that meet the tender requirements will be ranked, and the best candidates will be selected based on quality, price, and past performance metrics. Successful bidders will be notified accordingly.