Tender Overview
Organization: National Bank for Agriculture and Rural Development (NABARD) - Department of Financial Services. Procurement: PAC furniture including Revolving Chair (V5), Sofa (V3), and Modular/Meeting/Center Tables (V2). Location: THIRUVANANTHAPURAM, KERALA - 695001. Category: PAC-only items for office furniture. Estimated value and EMD not disclosed. The tender encompasses three product lines under one furniture bundle with potential for quantity variation. The absence of explicit specifications suggests standard PAC-grade office furniture may be intended, with supplier responsibility to meet general quality expectations and delivery readiness. A notable differentiator is the option clause allowing ยฑ25% quantity adjustments during and after contracting, influencing cost planning and stock management.
Technical Specifications & Requirements
- Product names: Revolving Chair (V5), Sofa (V3), Modular/Meeting/Center Table (V2)
- Scope: PAC-only office furniture procurement (three items under a single contract scope)
- Standards/Certification: Not specified in available data; bidders should prepare for standard office furniture compliance and BIS/IS benchmarks if requested in ATC
- Delivery/Logistics: Delivery schedule tied to contract; option clause governs extended delivery time based on quantity changes
- Other: BOQ shows zero items; bidder to confirm itemized requirements in ATC and during discussions with NABARD
- Experience: Not specified; bidders should demonstrate furniture supply capability and prior PAC-office deployments
Terms, Conditions & Eligibility
- Quantity variation: NABARD may increase/decrease quantity by up to 25% of bid quantity at contract placement and during currency at contracted rates
- Delivery timing: Calculated extension formula applies from last date of original/extended delivery orders, minimum 30 days
- Payment terms: Not specified in data; respond to ATC for payment milestones
- Documentation: Standard GST, PAN, experience and financial documents typically required; verify with ATC
- Penalties: LD/penalty provisions not disclosed in data; review during tender clarification
- EMD: Not disclosed; confirm in ATC and bid documents