SPMCIL Procurement DCO Penta Alkyd Resin 70% Oil Length Tender 2025

Tender Overview

Security Printing And Minting Corporation Of India Limited (SPMCIL) invites bids for a DCO Penta Alkyd Resin 70% Oil Length procurement under the Department Of Economic Affairs framework. The estimated contract value is ₹1,732,952 with an EMD of ₹34,660. The scope allows quantity variation up to 25% of bid quantity and delivery extensions based on the option clause, calculated as (increased quantity/original quantity) × original delivery period with a minimum of 30 days. Bidders may submit EMD via DD, FDR, or Banker's Cheque payable at Dewas. GST applicability is to be confirmed by bidders; reimbursement is as per actuals or applicable rate, whichever is lower. The tender emphasizes compliance with bid document certificates and timely hardcopy submission within 5 days of bid end/opening. Unique terms include option-driven quantity adjustments and extended delivery timelines in line with contract rates.

• Organization: SPMCIL Bank Note Press/DP Bank Note Press collection account
• Location: Dewas (Madhya Pradesh) and related procurement framework
• Product Category: Chemical resin (DCO Penta Alkyd Resin 70% oil length)
• Value & EMD: ₹1,732,952; EMD ₹34,660; delivery economics governed by option clause
• Key differentiators: Flexible quantity, multiple EMD submission modes, delivery extension rules, GST treatment guidance

Technical Specifications & Requirements

• Product name: DCO Penta Alkyd Resin 70% Oil Length
• Estimated value: ₹1,732,952; EMD: ₹34,660
• Delivery terms: Option clause enables up to 25% quantity increase; delivery period calculated as described with minimum 30 days; delivery may extend within original contract scope
• EMD/Performance security: EMD can be submitted via DD, FDR, or Banker's Cheque; hardcopy delivery within 5 days post bid end/opening; successful bidder may provide DD as performance security per GeM GTC
• GST: Bidder bears applicable GST; reimbursement aligned to actuals or lower rate; no automatic GST assumption
• Certificates: Upload all required certificates/docs with bid per ATC/Corrigendum; ensure documentation completeness
• No explicit technical specs provided in BOQ; emphasis on compliance, documentation, and delivery logistics

Terms, Conditions & Eligibility

• EMD: ₹34,660; multiple payment modes including DD/FDR/BC acceptable
• Delivery timeline: Comply with option clause delivery adjustments; minimum 30 days for added quantity
• GST guidance: Bidder responsible for GST calculation; reimbursement capped to actuals or quoted rate
• Submission: Upload certificates; deliver hard copies within 5 days of bid end/opening
• Contract risk: Willingness to adjust quantity up to 25% during currency; adherence to contract delivery at contracted rates
• Warranty/Performance: Not explicitly stated; compliance with standard bid terms implied
• Special clauses: Clarify IS/standards if applicable; ensure OEM authorization if required