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Procurement Opportunity: Customized AMC/CMC for Pre-owned Products - NOTE COUNTING MACHINE BUNDLE AND LOOSE NOTE TYPE BOTH; in BILASPUR, CHHATTISGARH

Bid Publish Date

23-Dec-2024, 5:05 pm

Bid End Date

06-Jan-2025, 6:00 pm

Value

₹1,20,000

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Progress

Issue23-Dec-2024, 5:05 pm
Corrigendum08-Jan-2025
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

55

Bid Type

Two Packet Bid

Categories 4

Lic - Life Insurance Corporation Of India invites bids for Customized AMC/CMC for Pre-owned Products - NOTE COUNTING MACHINE BUNDLE AND LOOSE NOTE TYPE BOTH; ALBERTSON AND OTHER; Comprehensive Maintenance Contract (CMC); QUARTERLY; No in BILASPUR, CHHATTISGARH. Quantity: 55. Submission Deadline: 06-01-2025 18: 00: 00. Submit your proposal before the deadline.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Customized AMC/CMC for Pre-owned Products - NOTE COUNTING MACHINE BUNDLE AND LOOSE NOTE TYPE BOTH; ALBERTSON AND OTHER; Comprehensive Maintenance Contract (CMC); QUARTERLY; No

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT
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Documents 7

GeM-Bidding-7268920.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Payment Terms & Condition

PAYMENT

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Historical Data

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

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

5

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

Corrigendum Updates

1 Update
#1

Update

08-Jan-2025

Extended Deadline

13-Jan-2025, 6:00 pm

Opening Date

13-Jan-2025, 6:30 pm

Frequently Asked Questions

Key insights about CHHATTISGARH tender market

What are the eligibility requirements for bidders?

The eligibility requirements include a minimum turnover of 5 Lakh over the past three years and 2 years of experience providing similar services. Bidders must submit documented proof of both of these criteria with their bids.

What certificates are required for submission?

Bidders must upload certificates proving their experience, bidder turnover, and an OEM authorization certificate. If seeking exemptions for the experience or turnover criteria, supporting documents will also be necessary.

How can bidders complete the registration process?

Bidders must register on the Gem portal and ensure profile validation. It is essential to upload all required documentation during the bid submission process.

What document formats are accepted for submission?

While specific document formats are not outlined, bidders are encouraged to submit commonly accepted formats such as PDFs or Word documents that clearly present their qualifications and supporting materials.

What are the technical specifications for the service?

Bidders must demonstrate capability in maintaining pre-owned note counting machines through an established servicing office in C.G. State. They should provide certifications along with maintaining records of previous contracts.

What are the quality standards followed?

Compliance with expected quality standards for maintenance services must adhere to procurement guidelines established by the Department of Financial Services.

Are there any specific compliance requirements for bidders?

All bidders are required to comply with 'Make in India' policies and provide evidence of their compliance in submitted documents.

What are the testing criteria for this service?

Bidders must adhere to the technical standards as mentioned in the bid documents, ensuring all machines are maintained effectively and reliably.

Can you provide details about the Earnest Money Deposit (EMD)?

The EMD requirement for this tender is marked as No, thus bidders are not required to submit an upfront deposit to qualify.

What are the performance security requirements?

A performance security of 5% through an ePBG is mandatory, lasting for 12 months post-bid acceptance.

What are the payment terms established within the contract?

Payments will be processed against the Comprehensive AMC charges as outlined in the successful bid submission and agreement, with no additional payments offered beyond these terms.

How will price evaluations be conducted?

Price evaluation will follow the total value-wise method, where bids will be compared against one another to ascertain which offers the best value alongside compliance with technical specifications.

What are the methods for submission of bids?

Bids must be submitted electronically through the GeM portal, ensuring all required documents are uploaded as per the provided guidelines in the tender documentation.

What are the key timelines and deadlines for this tender?

All specific dates regarding bid submission and opening are indicated in the tender documentation and must be adhered to strictly.

How is the evaluation and selection process conducted?

The selection process involves reviewing all submitted bids against defined criteria, emphasizing technical compliance, pricing, and overall offer value, followed by an awarded contract to the selected bidder.

How will bidders be notified of the results?

Notification of bid results will be communicated through the GeM system, wherein bidders will receive relevant updates regarding the outcomes of their submissions.

What benefits are available for Micro and Small Enterprises (MSEs)?

Currently, no specific MSE exemptions apply to this tender, although all definitions and standards under the public procurement policies are applicable.

What provisions are in place for startups regarding eligibility?

Startups are not offered exemptions for experience or turnover in this tender but must meet all the outlined eligibility criteria like any other bidder.

How does the tender ensure compliance with the 'Make in India' policies?

Bidders must include evidence of compliance with local procurement laws and the 'Make in India' policies as part of their submissions, guaranteeing that services are sourced sustainably and preferentially from domestic markets.

Are there any local content and procurement rules to comply with?

Yes, bidders are required to comply with local content requirements as stated within the tender documentation, aligning with national procurement strategies.

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