Security Printing And Minting Corporation Of India Limited CNC Spares Tender Nashik Maharashtra 90 Days Delivery IS 550 Compliant 2026

Tender Overview

Security Printing And Minting Corporation Of India Limited (SPMCIL) invites bids for the development of spares for CNC polishing and grinding machines, located in Nashik, Maharashtra. Estimated value is ₹339,958 with a delivery commitment of 90 days from contract issue. The procurement includes multiple spare parts listed under the buyer’s terms, with an emphasis on CNC tooling components such as mobile bush in bronze with air drain, stone plates, and cutting tool inserts. The tender structure supports quantity fluctuations up to 25% during contract execution, at the same contracted rates. The process requires standard compliance and anti-bribery obligations, and payment is contingent on CRAC acceptance. This is a development tender with emphasis on spare parts capability and timely delivery. The unique clause ensures flexibility in order quantity while maintaining strict adherence to terms.

Technical Specifications & Requirements

• Delivery period: 90 days from contract issuance
• Estimated value: ₹339,958; no explicit EMD amount disclosed
• Delivery location: Nashik, Maharashtra (PIN 422001)
• Products/parts: spares for CNC polishing and grinding machine (varied items per BOQ, no detailed specs publicly provided)
• Payment terms: 100% payment within 30 days after CRAC report submission, bill submission, and acceptance by ISP
• Terms: option to increase/decrease quantity up to 25%, extended delivery time calculations included; ABMS, GST, PAN verification required; anti-bribery and supplier eligibility attestations
• Compliance: PAN, GST registration proof; supplier must confirm non-blacklisted status; capability to supply tendered items
• Quality/standard references: not explicitly provided in data; emphasis on compliance with applicable regulatory requirements and internal ISPs

Terms, Conditions & Eligibility

• EMD: not disclosed in data; bidders must comply with standard EMD procedures per tender rules
• Delivery: completion within 90 days from contract issue; option clause allows quantity variation up to 25% during contract
• Payment: 100% payment within 30 days from CRAC acceptance and bill verification
• Documents: PAN, GST registration proof, proof of non-blacklisted status, undertaking to withdraw deviations, capability to supply, and compliance with border country procurement rules
• ATC/ABMS: Anti-Bribery Management System clause applicable; mandatory declarations and certifications
• Delivery/LD: Liquidity damages not applicable for development tender; ensure timely delivery per clause
• Submission readiness: OEM authorizations and technical compliance documents may be required; prepare accordingly