Uco Bank Note Sorting Machines (V2) Tender Indore Madhya Pradesh 2026 BIS NSM Stress Test 2026
Bid Publish Date
30-Mar-2026, 5:51 pm
Bid End Date
04-Apr-2026, 6:00 pm
Location
Progress
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.
Key Specifications
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Product/Service: Note Sorting Machines (V2)
-
Quantity/Scope: Experience required for supplying and installing 100 NSM in last financial year
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Certifications: National Testing House certificate with BIS; BIS certification
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Standards: IS/ISO related NSM standards (to be aligned with BIS NSM certification)
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Warranty/Service: Dedicated service centre in each consignee state; on-site warranty or carry-in terms; AMC agreement per bank terms
Terms & Conditions
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Option clause allows ±25% quantity variation during award and currency at contracted rates
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Mandatory BIS/National Testing House certification and stress/speed tests
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Functional service centers in each consignee state; 30-day establishment if not present
Important Clauses
Payment Terms
Payment release contingent on documentary evidence of a functional service center and completion of installation per contract terms
Delivery Schedule
Delivery period commences from last date of original delivery order; option-based extensions apply with minimum 30 days
Penalties/Liquidated Damages
Penalties/LD not explicitly stated; adherence to Bank terms and schedule-based penalties implied
Bidder Eligibility
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Experience in supply and installation of NSM or equivalent security equipment
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Demonstrated service capability with a dedicated service center in the state of each consignee
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Compliance with BIS and National Testing House certification requirements
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
3 Days
Requirements
Min. Avg. Annual Turnover
2
OEM Avg. Turnover
18
Past Performance
50 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Note Sorting Machines (V2) (Q2)
Authority Records
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Documents 2
GeM-Bidding-9177276.pdf
Main Document
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
GST certificate
Permanent Account Number (PAN) card
Experience certificates (supply & installation of NSM or similar equipment)
Financial statements for the last financial year
EMD/Security deposit documents (as applicable to the bank's standard terms)
Technical bid documents demonstrating NSM capabilities
OEM authorization / dealership certificates
Service centre proof in the state of each consignee or plan to establish within 30 days of award
National Testing House certificate and BIS certificate as required
Stress test certificate and speed test certificate
Frequently Asked Questions
Key insights about MADHYA PRADESH tender market
How to bid for Note Sorting Machines Indore NSM tender 2026?
Bidders must submit GST, PAN, experience certificates, financials, EMD documents, technical bid, OEM authorizations, and service center proof. Ensure BIS/NTH certification, stress/speed tests, and AMC terms are met. Delivery timelines follow the option clause with potential 25% quantity variation.
What documents are required for Uco Bank NSM procurement in Indore?
Required documents include GST registration, PAN, experience certificates for 100 NSM, financial statements, EMD submission, OEM authorization, technical bid, BIS/NTH certification, and proof of functional service center in the consignees' state.
What certifications are mandatory for Note Sorting Machines V2 bid in MP?
Mandatory BIS certification with National Testing House certificate; stress test and speed test certificates are required; ensure NSM meets BIS/NTH standards applicable to security equipment.
What is the delivery extension policy for NSM tender Indore?
Delivery extensions are governed by the option clause: additional time equals (increased quantity ÷ original quantity) × original delivery period, minimum 30 days; extensions may be up to the original delivery period.
What is required for AMC agreements with Uco Bank Indore NSM?
AMC terms must be executed per the Bank’s conditions; service centers must be established or verified within 30 days of award; ongoing service support and escalation process must be documented.
Which experience is essential for NSM supply in this tender?
Experience in supplying and installing at least 100 Note Sorting Machines during the last financial year is required; demonstrable installation capabilities and post-installation support are essential.
What are the service center requirements for this Indore NSM bid?
Bidder/OEM must have a functional service center in the state of each consignee; if not present, establish within 30 days of award; dedicated toll-free service line and escalation matrix are mandatory.
What is the scope of NBIS/NTH certification in this tender?
The bidder must provide a National Testing House certificate with BIS; NSM devices must meet BIS/NTH standards; stress and speed tests are mandatory prerequisites for bid qualification.