Bid Publish Date
05-Dec-2025, 4:02 pm
Bid End Date
15-Dec-2025, 6:00 pm
EMD
₹20,000
Value
₹20,00,000
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
Organization: Indian Overseas Bank (Department of Financial Services) seeks a custom bid for services for an integrated alarm system in Dakshina Kannada, Karnataka (574109). Estimated value: ₹2,000,000 with an EMD of ₹20,000. The BOQ shows no items listed, indicating a potentially lump-sum or scope-specific engagement. The procurement emphasizes a service-oriented alarm system implementation, integration, and support, with a notable emphasis on flexible contract quantity/duration. A unique differentiator is the contract’s ability to adjust scope by up to 25% at contract issue and again up to 25% post-issuance per ATC terms. The tender frames the opportunity within the IOB procurement process, focused on security system deployment for a financial services department. This tender requires bidders to align with ATC-driven scope and certification uploads.
Product/service: integrated alarm system service and support
Estimated value: ₹2,000,000
EMD amount: ₹20,000
Quantity/duration flexibility: ±25%
Excess settlement: additional charges up to specified percentage with supporting documents
Mandatory certificates: upload per ATC and Corrigendum
EMD amount and submission method must be clearly provided
Contract scope may be expanded or reduced by up to 25%
Excess settlement terms require documentation and declaration
Not explicitly stated; payment terms will be specified in ATC and contract; ensure EMD compliance and invoicing as per excess settlement rules
Delivery timeline not specified in data; subject to ATC scope and final contract award
No LD details present in provided data; standard banking procurement penalties may apply per ATC
Demonstrated experience in providing integrated alarm/system services to financial institutions
Financial capability to support a ₹2,000,000 contract
Compliance with GST, PAN, and required certifications as per ATC
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Custom Bid for Services - integrated alarm system
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Main Document
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SCOPE_OF_WORK
PAYMENT
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ATC
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GEM_GENERAL_TERMS_AND_CONDITIONS
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar integrated alarm/system services
Financial statements or fiscal documents to demonstrate stability
EMD submission receipt or bank guarantee as applicable
Technical bid documents and compliance certificates
OEM authorization or dealership certificates (if required by ATC)
Any certificates requested in Bid document/ATC/Corrigendum
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | AITRI SYSTEMS PRIVATE LIMITED Under PMA | 13-12-2025 13:38:44 | |
| 2 | ASHWINI ELECTRONICS Under PMA | 15-12-2025 14:46:29 | |
| 3 | SECURE ELECTRONICS SYSTEMS PRIVATE LIMITED Under PMA | 13-12-2025 18:16:05 | |
| 4 | V Tech Systems Under PMA | 15-12-2025 16:08:13 |
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | AITRI SYSTEMS PRIVATE LIMITED( MSE Social Category:General ) Under PMA | Item Categories : Custom Bid for Services - integrated alarm system |
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Key insights about KARNATAKA tender market
Submit the bid with all required documents listed in the Terms and Conditions, including GST, PAN, EMD ₹20,000, and technical certificates. Ensure ATC-compliant certificates are uploaded. The contract allows ±25% quantity/duration adjustments and may include excess settlement invoicing with supporting documents.
Bidders must upload certificates as per Bid document and ATC, including GST, PAN, experience certificates for similar services, OEM authorizations if required, and financial statements. Ensure all documents match the tender’s ATC/Corrigendum requirements to avoid rejection.
The tender is valued at ₹2,000,000 with an EMD of ₹20,000. Ensure payment of EMD per the bid documents and provide receipts or bank guarantees as applicable to certify bid viability.
The contract may be increased or decreased by up to 25% at the time of issue, and the same percentage applies post-issuance. Bidders must accept revised quantity or duration as per ATC terms to remain eligible.
Explicit delivery timelines are not provided in the data; timelines will be defined in the ATC/contract. Prepare to align with project milestones and coordinate installation, testing, and commissioning as per the final scope.
Excess settlement allows additional charges up to a defined percentage of item-level totals, including addons. Bidder must declare applicability during invoice creation and attach mandatory supporting documents; total invoice amount must comply with the agreed excess percentage.
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Main Document
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SCOPE_OF_WORK
PAYMENT
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ATC
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GEM_GENERAL_TERMS_AND_CONDITIONS