GEM Procurement Security Equipment Tender 2025 - OEM Turnover Criteria, GST Terms, 25% Quantity Option Clause

Tender Overview

The Government eMarketplace (GEM) invites bids for security equipment procurement under a 2025 tender framework. Although specific product names are not disclosed, the bid requires OEMs or OEMs’ authorized partners to meet financial benchmarks and compliance criteria. A key differentiator is the option to adjust quantity by up to 25% of the bid quantity during contract placement and execution, with extended delivery timelines calculated to a minimum of 30 days. GST treatment is bidder-responsible, with reimbursement aligned to actuals or the lower applicable rate. The opportunity targets manufacturers with positive net worth and verifiable turnover over the past three financial years. Location details are not specified in the provided data.

Technical Specifications & Requirements

• No explicit BOQ items or product specifications are provided.
• Key compliance cues include: net worth positive for the OEM; minimum average annual turnover over the last three years; audited Balance Sheets or CA certificate to document turnover.
• GST handling: bidders must determine GST applicability; reimbursement subject to actuals or lower rate.
• Option clause allows quantity variations up to 25% during and after contract award, with delivery timelines scaled accordingly and minimum extension of 30 days.
• No explicit product standards (IS/ISO) or warranty terms are listed in the data.

Terms, Conditions & Eligibility

• EMD/Financial criteria: OEMs must have positive net worth and meet the turnover threshold as specified in the bid document, with evidence via audited statements or CA certificates.
• Turnover criteria: Average annual turnover for the last three years must meet the stated minimum; if the OEM is under three years old, turnover is calculated on completed years post-incorporation.
• GST: Bidder bears GST; reimbursement is at actuals or the lower applicable rate, capped to quoted GST percentage.
• Other generic terms indicate option-based quantity adjustments and delivery-time calculations tied to the original and extended delivery periods.