Union Bank of India Security Manpower Tender Visakhapatnam Andhra Pradesh 2026 - Armed/Unarmed Guards Version 2.0

Tender Overview

Union Bank of India invites bids for Security Manpower Services (Version 2.0) in Visakhapatnam, Andhra Pradesh for both armed and unarmed guards serving bank/hotel facilities. Estimated value: ₹33,492,432. No BOQ items are listed. EMD not specified; bidders may submit a Demand Draft in favor of Union Bank of India, Visakhapatnam. The contract allows the buyer to adjust scope up to 25% during procurement and again at contract issuance. Office of the service provider must be located within the consignee state, with documentary evidence required. Salaries of deployed staff are to be paid by the service provider first, with subsequent reimbursement by the Bank along with statutory documents.

Technical Specifications & Requirements

• Category: Security manpower services for banks/hotels; includes Armed Security Guards and Unarmed Security Guards.
• Compliance signals: bidders must demonstrate past experience via contract copies, client execution certificates, or equivalent documentation.
• Payment terms: salaries paid by service provider upfront; bank processes reimbursement with statutory documents (PF, ESIC) and bank statements.
• EMD submission: bidders may pay via Account Payee Demand Draft; must upload DD proof and deliver hard copy within 5 days of bid end/opening.
• Precondition: service provider must have a local office in the state of the consignee.
• Financial health: bidders must provide an undertaking that they are not under liquidation or bankruptcy.

Terms, Conditions & Eligibility

• EMD/Payment: EMD via DD in favor of Union Bank of India, payable at Visakhapatnam; hard copy to be delivered within 5 days.
• Variation clause: contract quantity or duration may vary up to 25% at tender issuance and again post-award with consent.
• Experience evidence: acceptable documents include contract copies with invoices, execution certificates, or equivalent client proofs.
• Office requirement: service provider must maintain an office in the consignees’ state; evidence to be submitted.
• Worker compensation: salaries for deployed staff to be paid by the service provider first; reimbursement from Bank on submission of PF/ESIC and bank statements.
• Financial standing: bidder must not be under liquidation or similar proceedings; provide undertaking.