State Bank of India Revolving Chair (V5) Tender 2025 – Q2 PAC Only, Delivery Terms & Penalties

Tender Overview

State Bank Of India invites bids for the procurement of Revolving Chair (V5) under the PAC Only category. The tender shows no BOQ items, indicating a possible single/panel order with quantity adjustments allowed. The contract includes an option to increase or decrease quantity by up to 25%, with pricing at the contracted rates. Location and start/end dates are not disclosed in the data. This notice highlights delivery timelines, warranty penalties, and the need for a compliant bidder to meet rigorous post-sale service requirements. Distinguishing factors include the option clause and the strict warranty-rectification regime, ensuring timely service or penalties apply. This procurement potentially targets a standardized office furniture solution for SBI premises, with emphasis on delivery performance and post-warranty support.

Technical Specifications & Requirements

• Product name/category: Revolving Chair (V5) under the SBI PAC program
• Quantity flexibility: up to 25% variation (original vs. extended delivery period)
• Delivery period rule: starts from last date of original delivery order; increases based on formula: (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
• Warranty service window: defects/service requests must be addressed within 3 days; penalties of 0.5% per week of unit price; cumulative penalties capped at 10% of total contract value; potential recovery from PBG
• Penalty/alternative sourcing clause: after 10% cap, SBI may source from alternatives at seller's risk and cost
• Payment/penalty remittance: penalties may be deposited with buyer or recovered from PBG

Terms, Conditions & Eligibility

• EMD/ bid security: not explicitly stated; bidders should prepare standard EMD as per SBI terms
• Delivery terms: extended delivery time rules apply per option clause with minimum 30 days
• Warranty/Service: 3-day resolution window; 0.5% weekly penalty; 10% contract cap
• Performance Security (PBG): may be used to recover penalties
• Documentation: typical GST, PAN, experience, financials; OEM authorizations may be required
• BOQ: No items listed; indicates single/limited SKU approach; ensure bid aligns with chair category
• Compliance: adhere to all purchaser terms including option clause and warranty penalties