Procurement Opportunity: Note Sorting Machines in NAGPUR, MAHARASHTRA
Bid Publish Date
07-Feb-2025, 7:17 pm
Bid End Date
14-Feb-2025, 8:00 pm
Location
Progress
Uco Bank invites bids for Note Sorting Machines (Q3) ( PAC Only) in NAGPUR, MAHARASHTRA. Quantity: 1. Submission Deadline: 14-02-2025 20: 00: 00. Submit your proposal before the deadline.
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | KORES (INDIA) LIMITED Under PMA | Make : Hitachi Model : Hitachi_4200 (4+2) | 13-02-2025 14:14:56 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | KORES (INDIA) LIMITED Under PMA | Item Categories : Note Sorting Machines |
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Requirements
Min. Avg. Annual Turnover
4
OEM Avg. Turnover
35
Past Performance
30 %
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
Note Sorting Machines (Q3) ( PAC Only )
Authority Records
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Documents 4
GeM-Bidding-7494802.pdf
Main Document
DOC
OTHER
DOC
OTHER
DOC
OTHER
Required Documents
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Frequently Asked Questions
Key insights about MAHARASHTRA tender market
What are the eligibility requirements for this tender?
The eligibility requirements include being a registered entity with a minimum average annual turnover of ₹4 Lakhs. Bidders must demonstrate at least three years of past experience relevant to the procurement of Note Sorting Machines. Furthermore, comprehensive documentation such as OEM authorization and performance records must be provided for verification.
What technical specifications must the Note Sorting Machines comply with?
The Note Sorting Machines must meet the technical specifications outlined in the tender documentation. This includes adherence to specific quality standards set forth by the Department of Financial Services. Bidders are obligated to provide detailed data on machine capabilities, ensuring they align with operational requirements without exceeding the error margin specified.
What are the requirements concerning performance security and Earnest Money Deposit (EMD)?
Bidders are generally required to submit an Earnest Money Deposit (EMD) as part of their proposal to ensure commitment. The performance security requirements post-award typically involve a percentage of the contract value as a guarantee for performance delivery. Specific percentages and terms are detailed in the tender documentation.
How should the documents be submitted for this tender?
Documents must be submitted electronically via the designated portal according to the guidelines provided in the tender. Accepted document formats are typically PDF or other commonly used formats, ensuring clear and legible submissions. Bidders are encouraged to follow checklists contained in the main tender document to ensure all required paperwork is included.
Are there any benefits for MSEs in this tender?
Yes, the tender outlines specific benefits for Micro, Small, and Medium Enterprises (MSEs), which includes simplified procedures, price preferences, and financial incentives. These measures are designed to promote local businesses and align with governmental initiatives like the 'Make in India' policy, encouraging competitiveness among smaller enterprises within the tendering process.