Bank Of India Revolving Chair (V5) PAC Only Tender Mumbai Maharashtra 2026
Bid Publish Date
19-Oct-2026, 1:08 pm
Bid End Date
02-Nov-2026, 2:00 pm
Location
Progress
Tender Overview
The Bank of India, Department of Financial Services, invites bids for a Revolving Chair (V5) under PAC Only terms. Located in Mumbai, Maharashtra (400002). The tender emphasizes quantity adjustment up to 25% (both initial and during contract) and procurement at contracted rates, with delivery timelines tied to the last original delivery order date. This single-line product focus requires precise compliance with option-clauses and timely bid submission for eligibility.
Technical Specifications & Requirements
- Product: Revolving Chair, model variant V5, PAC Only procurement
- No explicit itemized specifications or BOQ items provided
- BOQ: Total Items = 0; no measurable quantity data
- Key contractual detail: option clause allows up to 25% quantity variation at bid and during currency, at contracted rates
- Delivery timing: calculated as (additional quantity ÷ original quantity) × original delivery period, minimum 30 days; extension permitted within original delivery window
- Terms require bidders to adhere to the option-based delivery framework and compute schedules accordingly
Terms, Conditions & Eligibility
- Quantity flexibility: up to 25% increase/decrease at contract placement and during currency
- Delivery period: starts from last date of original order; additional time rules apply per formula with minimum 30 days
- EMD/ bid security and specific submission requirements are not detailed in the tender text; bidders should assume standard government procurement practices
- Commercial terms: rates fixed at contracted prices for adjusted quantities
- This tender requires PAC-only compliance and standard bidder eligibility as per Bank of India procurement norms
Key Specifications
-
Product/service: Revolving Chair, model V5, PAC Only
-
Quantity/scale: Not specified in BOQ (Total Items: 0)
-
Estimated value: Not disclosed
-
Delivery: 30+ days minimum after order; delivery terms adjustable under option clause
-
Standards/quality: Not specified in tender data; no IS/ISO reference provided
-
Warranty/AMC: Not specified in tender data
Terms & Conditions
-
Option Clause: quantity may vary ±25% during contract at contracted rates
-
Delivery: calculated extension rules with minimum 30 days
-
PAC Only procurement: verify eligibility and supplier capability for non-stock items
Important Clauses
Payment Terms
Not explicitly stated; assume standard government norms and contracted rates for adjusted quantities
Delivery Schedule
Delivery starts from last date of original delivery order; additional time uses formula (additional/original) × original period; minimum 30 days
Penalties/Liquidated Damages
Not specified in available data; bidders should seek clarification during bid process
Bidder Eligibility
-
PAC Only procurement capability for office furniture
-
Compliance with Bank of India procurement norms
-
Ability to handle quantity variation up to 25% under option clause
Tender Data
Bid Details
Quantity
50
Bid Type
Two Packet Bid
Bid Validity
60 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Purchase Preference
No
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
2
OEM Avg. Turnover
2
Past Performance
20 %
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
Revolving Chair (V5) (Q2) ( PAC Only )
Payment Timelines
Payments shall be made to the Seller within 10 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Mumbai Suburban
Delivery Pincodes
400051
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| DEBENDRA NATH BISWAL | 400051,Bank of India, Head office, Estate department, Star house, C-5, G Block, Ground Floor,Bandra kurla Complex Bandra (East), Munbai | Mumbai Suburban | Maharashtra | 400051 | 50 | 15 | - |
Authority Records
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Documents 3
GeM-Bidding-10056095.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
1
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Required Documents
GST certificate
Permanent Account Number (PAN) card
Experience certificates demonstrating prior supply of office furniture or equivalent
Financial statements (latest audited) or turnover proof
EMD/ bid security documents compliant with local norms
Technical bid documents and OEM authorizations (if applicable)
Any certifications or declarations related to PAC-only procurement (if specified by organization)
Frequently Asked Questions
Key insights about MAHARASHTRA tender market
How to bid for PAC Only revolving chair tender in Mumbai?
Bidders should prepare OEM authorizations, GST and PAN, experience proofs, and financial statements. The tender includes an option clause allowing ±25% quantity changes at contracted rates, with delivery timing calculated from the last order date and a minimum 30-day extension. Ensure PAC-only eligibility and submit all required technical bids.
What documents are required for Bank of India chair procurement in Mumbai?
Submit GST certificate, PAN, experience certificates for office furniture supply, latest audited financial statements, EMD documents, technical compliance certificates, and OEM authorizations if applicable. Ensure PAC-only compliance and provide delivery capability details for requested chair model V5.
What are the delivery terms for the Revolving Chair V5 tender?
Delivery starts from the last date of the original delivery order. If quantity is extended, the additional time is (additional/original) × original delivery period, with a minimum of 30 days. The Purchaser may extend delivery within the original period as needed under the option clause.
What is the option clause impact on contract quantity and pricing?
The purchaser may increase or decrease quantity up to 25% at the contracted rates at bid placement and during the contract currency. This requires bidders to price for flexible quantities and maintain supply readiness for variations.
Are there any explicit standards for the chair procurement in this tender?
No explicit IS/ISO standards are listed in the tender data. Bidders should verify any implicit requirements with the Bank of India during pre-bid or submission and provide standard-compliant documentation if applicable.
What is the procurement location and organization for this chair bid?
The tender is issued by the Bank of India for a Revolving Chair V5 under PAC Only, located in Mumbai, Maharashtra (400002). Bid submissions must align with Bank of India's procurement norms and PAC-only specifications.
What happens if the BOQ shows zero items for this chair tender?
A BOQ with zero items indicates non-standardized quantities or a placeholder. Bidders should rely on the option clause, delivery terms, and eligibility criteria, and seek clarification from the Bank of India to confirm scope and required fulfillment.
How to ensure eligibility for PAC-only procurement with chair model V5?
Confirm PAC eligibility by demonstrating prior PAC-compliant procurements, ability to supply within contracted rates for quantity changes, and compliance with Bank of India terms. Prepare OEM authorizations, quality assurances, and delivery-capability statements ahead of submission.