Progress
Punjab National Bank seeks to procure a Gold Purity Testing Meter (Karat Meter V2) for the Department of Financial Services in Kozhikode, Kerala. The package is geared toward vendors capable of supplying a single or multiple units, with an EMD of ₹130,000. The contract allows a quantity variation up to 25%, and delivery timelines adjust proportionally to changes. This procurement emphasizes OEM installation, commissioning, and on-site training, with a requirement for an Integrity Pact. The opportunity targets suppliers with prior government experience and manufacturer authorization, ensuring compliance with financial and GST-related norms. Unique aspects include option-based quantity expansion and OEM-led deployment, with training conducted at the branch level.
Product name: Gold Purity Testing Meter (Karat Meter V2)
Quantity: flexible up to +25% of bid quantity
Delivery: pro-rated extension with minimum 30 days
Training: 8 employees at branch
Installation/Testing: by OEM-certified personnel
GST consideration: bidder bears GST; reimbursement per actuals
EMD amount ₹130000
Bidder must have 3+ years govt/PSU experience
OEM authorization mandatory for bids via distributors
GST treatment as per actuals; payment terms aligned with PO and delivery confirmation; EMD submission required
Delivery period starts after original PO; extended time calculated by (additional/original) × original period with min 30 days
LD clauses as per standard procurement terms; ensure adherence to delivery and performance benchmarks
3 years of regular supply to govt/PSU for similar products
OEM authorization or OEM-certified resourcing for installation
No active liquidation or bankruptcy; good financial standing
Quantity
8
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
EMD Required
Yes
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
Yes
Min. Avg. Annual Turnover
32
OEM Avg. Turnover
32
Past Performance
80 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Gold Purity Testing Meter/ Karat Meter (V2) (Q3)
Advisory Bank
PUNJAB NATIONAL BANK
ePBG Percentage
5%
ePBG Duration (Months)
12
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Max Delivery Days
30
Delivery Locations
1
Delivery Cities
Kozhikode
Delivery Pincodes
673016
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| V P Priya | 673016,SHATHABDHI BHAVAN, MINI BYE PASS ROAD, GOVINDAPURAM KOZHIKODE KERALA 673016 | Kozhikode | Kerala | 673016 | 8 | 30 | - |
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Main Document
ATC
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
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GST certificate
PAN card
Experience certificates of similar government/Govt-PSU supplies (3+ years)
Financial statements demonstrating financial stability
EMD submission proof as per ATC
Technical bid documents and OEM authorization
Signed Integrity Pact
Manufacturer authorization if bidding through distributors
Key insights about KERALA tender market
Bidders must submit GST, PAN, experience certificates, and EMD ₹130000. Ensure OEM authorization if bidding via distributor. Include signed Integrity Pact and OEM/Authorized Service details. Training scope includes 8-branch personnel; delivery follows the option clause with a minimum 30-day extension.
Required documents include GST certificate, PAN, 3+ years govt/PSU experience certificates, financial statements, EMD proof, technical bid with OEM authorization, integrity pact, and manufacturer authorization if applicable. Ensure training plan and delivery schedule per PO terms.
Installation must be performed by the OEM or an OEM-certified resource or authorized reseller. Include installation, commissioning, testing, and training in the scope. Provide OEM contact details and authorization letter with bid submission.
EMD is ₹130,000; submission must reflect the amount via the prescribed instrument (DD/online) as per ATC. Ensure the EMD is valid through the bid evaluation period and compatible with any extension due to quantity variations.
The purchaser may increase/decrease quantity by up to 25% at contract placement and during currency. Delivery time adjusts by (additional/original) × original duration, minimum 30 days. Ensure compliance with the extended delivery schedule and notify supplier of changes.
Training provision covers 8 employees at the branch; delivery includes on-site training by OEM-certified personnel. Include a detailed training plan in the bid and confirm availability for on-site sessions at KOZHIKODE location.
Bidder bears GST liability; GST reimbursement will be as per actuals or applicable rate (whichever is lower). Include GST registration details and ensure alignment with state tax rules for Kerala.
Submit a scanned signed Integrity Pact as per the buyer’s policy with the bid. Ensure all collaborators understand anti-corruption requirements and provide a compliance statement within the submission package.