Indian Overseas Bank SIM Based Alarm System Tender - Custom Bid for Services 2025

Tender Overview

The Indian Overseas Bank is inviting bids for the purchase and installation of a SIM based alarm system. This tender is categorized under Custom Bid for Services. The EMD amount required for participation is ₹10,000. The organization aims to enhance its security measures through this procurement. Bidders should be prepared for potential adjustments in contract terms as specified in the option clause.

Technical Specifications & Requirements

While specific technical specifications are not provided, bidders should be aware of the following critical requirements:

• Option Clause: The buyer may modify the contract quantity or duration by up to 25% at the time of contract issuance. Once issued, changes are limited to 25%.
• Bidders must be prepared to accept any revisions to the contract terms as dictated by the buyer's needs.

Terms, Conditions & Eligibility

Bidders must adhere to the following key requirements:

• EMD: A total of ₹10,000 is required to participate in the tender.
• Contract Adjustments: Bidders must accept potential increases or decreases in contract terms as outlined in the option clause.
• Documentation: Specific documentation requirements are not detailed, but bidders should prepare standard compliance documents typical for service tenders.