Revolving Chair (V5),Revolving Chair (V5)
State Bank Of India (sbi)
CHENNAI, TAMIL NADU
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State Bank of India invites offers for the procurement of a Revolving Chair (V5) (PAC Only). The scope is limited to PAC-approved bidders with specified quantity adjustments via the option clause. The terms include a delivery framework that allows a potential 25% quantity variation and a penalty regime tied to warranty rectification delays. The contract emphasizes post-sale service responsiveness and adherence to contract rates during any quantity extension. Location and start/end dates are not disclosed in the available data, but the requirement centers on PAC-only seating with clear delivery/quality expectations.
Product: Revolving Chair (V5) for PAC Only
Estimated quantity/value: Not disclosed; prepare bids with PAC eligibility
Standards/Compliance: Not explicitly stated; verify PAC seating standards and IS/I S requirements during bidding
Delivery terms: Option clause permits ±25% quantity change; delivery extension formula with minimum 30 days
Option Clause allows 25% quantity variation before and during contract period
3-day warranty service window with 0.5% weekly penalty for delays
Penalty cap at 10% of total contract value ensuring remedy from PBG or alternative sourcing
Penalties payable via PBG or direct recovery; no explicit milestone payments described
Delivery period linked to original delivery date; extended time formula based on quantity variation
0.5% of unit price per week for defect rectification delay; cumulative cap 10% of contract value
PAC (Pre-Approved Contractor) eligibility for SBI procurement
Experience in supplying PAC seating or government procurement projects
Financial stability: sufficient turnover and able to furnish EMD/security as per norms
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar PAC seating projects
Financial statements (last 3 years)
EMD/Security deposit as per tender norms
Technical bid documents confirming product compliance
OEM authorizations (if applicable) and after-sales support commitments
Key insights about ODISHA tender market
Bidders must meet PAC eligibility, provide GST, PAN, experience certificates, financials, and EMD as per SBI terms. The bid requires OEM authorizations where applicable, and compliance with warranty penalties of 0.5% weekly delay up to 10% contract value.
Required documents include GST certificate, PAN, last 3 years financial statements, experience certificates for PAC seating, EMD/security, technical compliance certificates, and OEM authorizations for product supply and service in SBI procurement.
Delivery periods may be extended under the option clause up to 25% quantity change; additional time is calculated as (increased quantity ÷ original quantity) × original delivery period, with a minimum of 30 days.
Warranty service must be completed within 3 days of defect notification; penalties are 0.5% of unit price per week of delay, accumulative up to 10% of total contract value, recoverable from PBG if needed.
Explicit standards are not listed in the provided data; bidders should confirm ISI/ISO alignment and PAC-specific guidelines during technical bid submission.
Exact start and end dates are not provided here; bidders should monitor official SBI tender notifications and ensure readiness for PAC seating procurement under SBI Department of Financial Services.
The EMD amount is not disclosed in the provided data; bidders must prepare to submit EMD or security as per SBI standard tender guidelines and PAC eligibility.
Quantity may be adjusted by up to 25% both before and during the contract at contracted rates; delivery time adjusts according to the stated formula with a 30-day minimum.
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