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Bids are Invited For Cash In Transit Service - 2500; Driver only; Not Applicable; Air Conditioned; 3; 2 in BHAGALPUR, BIHAR

Bid Publish Date

10-Jun-2025, 3:59 pm

Bid End Date

24-Jun-2025, 1:00 pm

EMD

₹1,00,000

Value

₹1,70,00,000

Progress

Issue10-Jun-2025, 3:59 pm
AwardPending

Bank Of India has released a public tender for Cash In Transit Service - 2500; Driver only; Not Applicable; Air Conditioned; 3; 2 in BHAGALPUR, BIHAR. Quantity: 6. Submission Deadline: 24-06-2025 13: 00: 00. Download documents and apply online.

Authority & Contact

Tender Data

Bid Details

Quantity

6

Bid Type

Two Packet Bid

Bid Validity

180 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Tech Clarification Time

7 Days

Preference & Exemptions

Startup Exemption (Experience)

Yes

Requirements

Min. Avg. Annual Turnover

100

Experience Required

3 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Cash In Transit Service - 2500; Driver only; Not Applicable; Air Conditioned; 3; 2

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTBANK OF INDIA

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Documents 7

GeM-Bidding-7936970.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

4

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Frequently Asked Questions

Key insights about BIHAR tender market

What are the eligibility requirements for GEM/2025/B/6317917?

The eligibility requirements include being a registered entity, possessing a valid operating license, and demonstrating prior experience in providing Cash In Transit Services. Additionally, compliance with all relevant local laws and financial regulations is mandatory to participate.

What certification is required to participate in the Cash In Transit tender?

To qualify for the Cash In Transit Services tender, bidders are typically required to provide certifications that include valid business registration certificates, registration with any relevant financial authorities, and proof of vehicle security measures. These certifications validate the legitimacy and capability of the bidder in delivering safe cash handling services.

What is the registration process for participating in the Cash In Transit Services tender?

The registration process involves submitting an online application through the designated tender portal. Bidders are required to create an account, submit all required documents in accepted formats, and wait for confirmation of eligibility. It's essential to ensure adherence to submission guidelines to qualify for further evaluation.

What are the payment terms and conditions related to this tender?

Payment terms for Cash In Transit Services will typically be outlined in the tender documents. Generally, payments could be structured on a milestone basis with clear deliverable tied to each payment. Compliance with service delivery standards is critical for payment release.

What advantages do MSEs have in the Cash In Transit Services tender?

Micro, Small, and Medium Enterprises (MSEs) benefit from special provisions outlined in the tender. These may include simplified eligibility requirements, accessibility to financial support measures, and opportunities for capacity-building initiatives. These provisions are designed to enhance their chances of winning contracts and strengthening their service delivery in the cash handling sector.