Bank Of India Cash In Transit Service Tender Central Delhi 2025 – 02 Armed Guards, Ex-servicemen, Air Conditioned

Tender Overview

Bank Of India seeks a Cash In Transit Service contract in Central Delhi (110002) for a comprehensive security crew: 02 Armed guards, 02 Cash Custodians, and 01 Driver. The scope requires an Air Conditioned deployment and specifies that personnel must be ex-servicemen. Estimated contract value is ₹26,880,000 with an EMD of ₹1,344,000. Purchase preferences under MSE and Make In India policies apply, including local content declarations and OEM certifications where applicable. The absence of a BOQ indicates a service-based engagement with defined staffing ratios and security delivery requirements. Bidders should prepare for compliance with assignment/sub-contract clauses and ensure joint liability with any sub-contractor. This tender targets organized deployment in a regulated banking environment, emphasizing reliability, timely delivery, and adherence to government procurement norms.

Technical Specifications & Requirements

• Service category: Cash In Transit Service for Bank of India in Central Delhi
• Staffing composition: 02 Armed guards, 02 Cash Custodians, 01 Driver; service must be delivered by ex-servicemen only
• Environmental/operational condition: Air Conditioned transport/alternatives as applicable to bank premises
• EMD: ₹1,344,000; Estimated contract value: ₹26,880,000
• Compliance: Purchase preference under MSE policy; Make In India local content requirements to be fulfilled as per policy; OEM verification and local content certificates may be required
• Sub-contract/assignment terms: prior written consent required; joint and several liability with assignee/sub-contractor
• No BOQ items provided; procurement appears service-based with staffing and compliance obligations

Terms, Conditions & Eligibility

• EMD of ₹1,344,000; payment terms not specified in data; subject to bank policy
• Tender mandates ex-servicemen eligibility for the guarding/driver roles; Make In India/Class I/II local supplier declarations may apply
• No explicit delivery timeline; deployment likely aligned to contract award and onboarding procedures
• Assignment/sub-contract allowed only with prior written consent; ultimate liability remains with the primary bidder
• Documentation: bidders must satisfy GST, PAN, experience evidence, financials, OEM authorizations, and technical compliance if required
• Preference to MSEs and local suppliers as per Centre policies; potential price-match provisions if L-1 is outside MSE but within 15% band