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GEM

Indian Bank Procurement Ahmedabad Gujarat 2026 Tender for General Goods & Services – 500000 Estimated Value

Bid Publish Date

22-Apr-2026, 7:51 pm

Bid End Date

02-May-2026, 8:00 pm

Value

₹5,00,000

Progress

Issue22-Apr-2026, 7:51 pm
Technical05-Feb-2026, 11:52 am
Financial
Award12-May-2026, 7:08 am
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Quantity

95

Category

Title1

Bid Type

Two Packet Bid

Key Highlights

  • Brand/OEM requirements: Not specified in available data
  • Technical certifications/standards: Not specified in available data
  • Special clauses: 25% quantity flex - both initial order and currency period
  • Eligibility: Review ATC for detailed criteria; no explicit years or turnover provided
  • Warranty/AMC: Not specified in available data
  • Penalties/Performance bonds: Not specified in available data
  • Delivery: Flexible delivery period tied to last date of original delivery order
  • Delivery extensions: Additional delivery time calculated as (increase/original) × original period with minimum 30 days

Tender Overview

The opportunity is issued by Indian Bank for procurement in Ahmedabad, Gujarat with an estimated contract value of ₹500,000. The scope appears to cover multiple unspecified items across five BoQ entries, with a generic qualification framework implied by the attached ATC terms. The contract allows supplier-led flexibility through a 25% quantity variation at the award and during the currency of the contract, at the same contracted rates. The buyer’s terms indicate a delivery timeline that can extend with option quantities, starting from the last date of the original delivery order. The tender emphasizes compliance with the option clause and requires bidders to adhere to these extension mechanics. A key differentiator is the explicit quantity adjustment mechanism that lenders may exercise within the contractual framework. Unique aspects include the placeholder BoQ with no item specifics and an ATC document uploaded by the buyer. This structure signals a flexible, market-driven procurement process in the financial services sector.

Technical Specifications & Requirements

  • No technical specifications are disclosed; bidders should review the attached ATC for itemized conditions.
  • BoQ comprises 5 items with entries labeled as N/A, indicating unspecified item details at tender posting.
  • Estimated value is ₹5,00,000; no EMD amount is disclosed in the base data.
  • Delivery considerations hinge on the option clause: up to 25% quantity variation during contract execution.
  • Terms reference a delivery schedule linked to the last original delivery order date, subject to extension rules under the option clause.
  • No explicit standards or certifications are stated in the available data.

Terms, Conditions & Eligibility

  • Option Clause allows Purchaser to increase/decrease quantity up to 25% of bid/contract quantity.
  • Delivery period adjusts proportionally based on the extended quantity, with a minimum lead-time of 30 days.
  • Bidders must comply with the option- and extension-based delivery rules described in the terms.
  • No start/end dates or specific EMD details are provided in the current data; bidders should obtain the ATC document for concrete conditions.
  • The data indicates an uploaded ATC document and a standard buyer-specific clause set to govern contract variations and delivery timelines.

Key Specifications

  • Product/service names: Not provided; refer to 5 BoQ items in закуп or ATC

  • Quantities: 5 BoQ items marked N/A; quantity variation policy specified

  • Estimated value: ₹5,00,000

  • Experience/eligibility: Not detailed; verify ATC

  • Quality/standards: Not specified in base data

Terms & Conditions

  • Quantity variation up to 25% at award and during contract

  • Delivery period linked to last date of original delivery order with extension rules

  • Must review uploaded ATC for concrete eligibility and documentation

Important Clauses

Payment Terms

Not specified in the base data; check ATC for milestones and payment schedule

Delivery Schedule

Delivery period begins from last date of original delivery order; extensions computed as (increased quantity / original quantity) × original delivery period, minimum 30 days

Penalties/Liquidated Damages

No LD details present in base data; refer to ATC for penalty framework, if any

Bidder Eligibility

  • Submit as per ATC-detailed eligibility criteria once accessed

  • Meet GST and PAN requirements; provide financial solidity per documents

  • Provide OEM authorizations if bidding on non-OEM items

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

No

Item Category

Title1 , Title2 , Title3 , Title4 , Title5

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTINDIAN BANK

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Documents 5

GeM-Bidding-9248514.pdf

Main Document

BOQ Document

BOQ

BOQ Document

BOQ

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Bill of Quantities (BOQ) 5 Items Sign in for GEM prices

#1

Title1

As per specification 1

10 pieces Delivery: 15 days
#2

Title2

As per specification 2

10 pieces Delivery: 15 days
#3

Title3

As per specification 3

15 mitar Delivery: 15 days
#4

Title4

As per specification 4

50 mitar Delivery: 15 days
#5

Title5

As per specification 5

10 pieces Delivery: 15 days

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar procurement (if any)

4

Audited financial statements or income statements

5

EMD submission proof (if required per ATC)

6

Technical bid documents and compliance certificates (as applicable)

7

OEM authorization letters (if bidding with third-party products)

8

Any specific ATC-specified documents

Technical Results

S.No Seller Item Date Status
1
FINE ELECTRICAL   Under PMA
-02-05-2026 11:52:31
2
NIYATI ENGINEERS   Under PMA
-01-05-2026 17:40:01
3
SHREEJI SALES SERVICE   Under PMA
-30-04-2026 22:01:14

Financial Results

Rank Seller Price Item
L1
SHREEJI SALES SERVICE(MSE,MII)( MSE Social Category:General )    Under PMA
Item Categories : Title1,Title2,Title3,Title4,Title5
L2
NIYATI ENGINEERS (MSE,MII)( MSE Social Category:General )    Under PMA
Item Categories : Title1,Title2,Title3,Title4,Title5
L3
FINE ELECTRICAL (MSE,MII)( MSE Social Category:General )    Under PMA
Item Categories : Title1,Title2,Title3,Title4,Title5

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about GUJARAT tender market

How to bid in the Indian Bank tender in Ahmedabad Gujarat 2026?

Bidders should review the uploaded ATC to extract exact eligibility criteria, required documents, and the 25% quantity variation clause. Prepare GST, PAN, financial statements, experience certificates, and any OEM authorizations. Ensure compliance with delivery terms based on the last original delivery order date and include any contingent extension details.

What documents are required for Indian Bank procurement in Gujarat?

Submit GST registration, PAN card, audited financial statements, experience certificates for similar work, EMD proof (per ATC), technical bid documents, and OEM authorizations where applicable. Include any ATC-specified certificates and ensure the bid package reflects the 25% quantity variation clause.

What are the delivery terms for the Ahmedabad bank tender 2026?

Delivery begins from the last date of the original delivery order. If quantity increases, delivery time scales as (additional quantity/original quantity) × original delivery period, with a minimum extension of 30 days. The purchaser may extend up to the original delivery period under the option clause.

What is the estimated contract value for this tender in Gujarat?

The estimated value is ₹5,00,000. Bidders should align pricing with this value and account for potential 25% quantity fluctuations under the option clause during award and contract execution.

What is required to prove eligibility for this Indian Bank tender in 2026?

Eligibility hinges on ATC-stipulated criteria, GST/PAN compliance, and financial health documentation. Ensure OEM authorizations if applicable and readiness to fulfill delivery timelines per the extension rules. Specific years of experience or turnover requirements are defined in the ATC.

How can I understand the option clause for quantity changes?

The purchaser may increase/decrease quantity up to 25% at award and during the contract at contracted rates. If exercised, adjust delivery time using the stated formula with a minimum of 30 days. Maintain alignment with original delivery terms and contract period.

Where can I find the detailed ATC and item specifics for this tender?

The detailed ATC document is uploaded by the buyer and must be reviewed to extract item-specific requirements, eligibility, and submission checklists. This data supersedes the base data which lists N/A items in the BoQ.

What payment terms are typically expected in such bank tenders?

Payment terms are defined in the ATC; bidders should expect milestone-based or post-delivery payment aligned with contract conditions. Ensure readiness to meet any advance or audit requirements and include appropriate bank guarantees if specified in the ATC.

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