Invitation to Bid - Note Sorting Machines in BANGALORE, KARNATAKA
Progress
Uco Bank announces a tender for Note Sorting Machines (Q3) ( PAC Only) in BANGALORE, KARNATAKA. Quantity: 1. Submission Deadline: 19-02-2025 18: 00: 00. Last date to apply is approaching fast!
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | KORES (INDIA) LIMITED Under PMA | Make : Hitachi Model : Hitachi_4200 (4+2) | 13-02-2025 17:40:57 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | KORES (INDIA) LIMITED Under PMA | Item Categories : Note Sorting Machines |
Contract / Result Documents 1
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Tender Data
Bid Details
Quantity
1
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
Requirements
Min. Avg. Annual Turnover
4
OEM Avg. Turnover
35
Past Performance
30 %
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 (Q3) ( PAC Only )
Authority Records
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Documents 4
GeM-Bidding-7520393.pdf
Main Document
Other Documents
OTHER
GeM Category Specification
GEM_CATEGORY_SPECIFICATION
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
Extended Deadline
19-Feb-2025, 12:30 pm
Opening Date
19-Feb-2025, 1:00 pm
Required Documents
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Frequently Asked Questions
Key insights about KARNATAKA tender market
What are the eligibility requirements for tender GEM/2025/B/5948223?
The eligibility requirements include being a registered entity with a minimum average annual turnover of 4 Lakhs (INR). Additionally, bidders need to demonstrate relevant experience, having completed similar projects within the last 3 years and proving 30% of past performance in this field.
What technical specifications are required for the Note Sorting Machines?
The technical specifications require that the machines efficiently sort different currency denominations, accurately handle soiled or damaged notes, and possess high-speed sorting capabilities. Interested bidders must include relevant compliance requirements, such as safety measures and quality standards, when submitting their bids.
What are the details regarding the Earnest Money Deposit (EMD) and Performance Security Requirements?
The Earnest Money Deposit is typically required to secure the bid and show commitment. Upon the award of the contract, a Performance Security usually equates to a percentage of the contract value, serving as assurance for the completion of contract obligations. Specific terms will be outlined in the tender documents.
How do I submit my bid for this tender?
Bids can be submitted electronically using the provided online portal. Ensure that all required documents are scanned and uploaded in acceptable formats, as specified in the tender guidelines. The submission methods for the bid should adhere closely to the instructions listed in the main tender document.
Are there special provisions for Micro, Small, and Medium Enterprises (MSEs) in this tender?
Yes, the tender includes special provisions for Micro, Small, and Medium Enterprises (MSEs), allowing them leniencies such as exemptions in financial requirements and other competitive advantages. Compliance with the 'Make in India' initiative is also encouraged, emphasizing local content in procurement.