Government Tender Published for Paper for Magnetic Ink Character Recognition (MICR) Cheque Printing (V2) as per IS 11087

The eligibility requirements include being a registered entity. There are no exemptions for Micro, Small, and Medium Enterprises (MSEs) or startups concerning years of experience and turnover. Participants must ensure they meet all specified qualifications as outlined in the tender documents.

Bidders are required to provide several certificates, including compliance documents related to the Bill of Quantities (BoQ) and any additional documentation as listed in the ATC. Ensure all documents are in the correct format and clearly demonstrate compliance with the tender's technical specifications.

To register for this tender, bidders need to create an account on the GeM portal if they do not already have one. Follow the step-by-step instructions available on the GeM website for successful registration. All submissions must be made through the official portal.

All documents must be submitted in PDF format as specified in the bid documents. Bidders should ensure that their submissions are clear and of high quality to facilitate evaluation.

The technical specifications for the MICR paper are detailed in the tender document and must comply with IS 11087 standards. Bidders must ensure their products meet these specifications to qualify for further evaluation.

Yes, adherence to the prescribed quality standards in the technical specifications is mandatory. Bidders are expected to deliver products that meet or exceed these quality benchmarks to ensure successful contract fulfillment.

Bidders must comply with the specified technical requirements, including submission of all necessary certifications and documentation. Additionally, compliance with Make in India policies is a key requirement for this tender.

The EMD amount for this tender is ₹250,000. This must be submitted alongside the bid to demonstrate commitment and seriousness in bidding.

Successful bidders are required to provide a performance security of 3% of the total bid value through an ePBG, valid for a duration of three months.

The specific payment terms will be disclosed upon awarding the contract. Generally, payment is contingent on the successful delivery and acceptance of goods as per the agreed terms.

Bids will undergo a total value-wise evaluation process, which considers the pricing, compliance with technical specifications, and the overall capability of the bidders to deliver the specified quantity.

Following the evaluation process, all bidders will be formally notified of the results through the GeM portal. Participants should keep abreast of announcements regarding their bid status.

While this tender is open to MSEs, there are no exemptions concerning years of experience or turnover. However, MSEs are encouraged to participate and may find support through other non-exempt provisions in the bidding process.

Similar to MSEs, there are no specific exemptions for startups regarding experience or turnover criteria. Startups are encouraged to review the eligibility requirements carefully before submitting their bids.

Yes, this tender specifically reserves procurement for Make in India products. Participation is encouraged from local manufacturers who can ensure compliance with this policy.