Uco Bank Note Sorting Machines (V2) Tender Indore Madhya Pradesh 2026 BIS NSM Stress Test 2026

Tender Overview

The opportunity is with Uco Bank (Department of Financial Services) for procuring Note Sorting Machines (V2) at the Indore, Madhya Pradesh 452001 location. The tender emphasizes volume flexibility with a 25% quantity option during contract award and currency, at contracted rates. Key differentiators include mandatory BIS/National Testing House certification, stress and speed testing, and an AMC/maintenance arrangement aligned to Bank terms. The vendor must demonstrate a functional service center in the consignees’ state and provide dedicated service support channels. This procurement requires compliance with specific ATC clauses and installation experience for NSM devices.

Technical Specifications & Requirements

• Product/category: Note Sorting Machines (V2), with on-site and carry-in warranty considerations; required to demonstrate stress test certificate and speed test certificate.
• Certifications/standards: National Testing House certificate to be provided with BIS; equipment likely to require BIS certification and IS standards as applicable to NSM.
• Experience/scope: Experience in supply and installation of 100 NSM in the last financial year; AMC agreement must align with Bank terms.
• Service/support: Functional Service Centre in the State of each consignee; dedicated toll-free service line; escalation matrix for service support; service centre to be established within 30 days of award if not pre-existing.
• ATC/contract terms: 25% quantity variation at award and during currency; delivery period adjustments based on the option clause; payment upon fulfillment and documentary evidence submission.
• Delivery & installation: Focus on timely delivery and post-installation support; additional display and printer features may be requested.
• BOQ note: No BOQ items listed; emphasis on NSM supply, installation, and AMC.

Terms, Conditions & Eligibility

• EMD/financial terms: Not explicitly stated in the data; bidders should prepare as per standard bank tender norms.
• Delivery timeline: Delivery period shall commence from the last date of original delivery order; extended time calculated with minimum 30 days unless original period is longer; option clause allows extension up to original delivery period.
• Warranty/AMC: Agreement to be executed with Bank for AMC contract period per Bank terms; stress/speed certificates required; on-site warranty considerations.
• Documentation: National Testing House BIS certificate; OEM/service center proof; escalation matrix; dedicated toll-free number; compliance with ATC clauses.
• General obligations: Bidder must have service centers in the state of each consignee; payments released after documentary evidence; adherence to option clause and delivery extensions.
• Conflict/ATC: All terms binding; bidders must comply with ATC clauses including service availability and escalation process.