Tender Notice for Note Sorting Machines in MUMBAI, MAHARASHTRA
Bid Publish Date
12-Feb-2025, 10:43 am
Bid End Date
25-Feb-2025, 5:00 pm
Location
Progress
Indian Bank announces a tender for Note Sorting Machines (Q3) in MUMBAI, MAHARASHTRA. Quantity: 1. Submission Deadline: 25-02-2025 17: 00: 00. Last date to apply is approaching fast!
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | GIESECKE AND DEVRIENT INDIA PRIVATE LIMITED Under PMA | Make : Giesecke+Devrient Model : BPS C5-9 | 17-02-2025 15:12:02 | |
| 2 | kentel corporation Under PMA | Make : glory Model : UW-F8 HIGH PERFROMACE SORTER | 25-02-2025 14:53:56 | |
| 3 | TRUE COUNT SYSTEMS PRIVATE LIMITED Under PMA | Make : Giesecke+Devrient Model : BPS C5-9 | 25-02-2025 16:15:26 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | GIESECKE AND DEVRIENT INDIA PRIVATE LIMITED Under PMA | Item Categories : Note Sorting Machines | |
| L2 | TRUE COUNT SYSTEMS PRIVATE LIMITED Under PMA | Item Categories : Note Sorting Machines |
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Requirements
Min. Avg. Annual Turnover
8
OEM Avg. Turnover
60
Past Performance
80 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Note Sorting Machines (Q3)
Authority Records
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Documents 3
GeM-Bidding-7337028.pdf
Main Document
GeM Category Specification
GEM_CATEGORY_SPECIFICATION
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Compliance of BoQ specification and supporting document *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Frequently Asked Questions
Key insights about MAHARASHTRA tender market
What are the eligibility requirements for GEM/2025/B/5784784?
The eligibility requirements for this tender include being a registered entity with at least 3 years of relevant experience, a minimum average annual turnover of 8 Lakh, and compliance with technical specifications and documentation as specified in the tender. OEMs must additionally demonstrate an average turnover of 60 Lakh to qualify.
What types of certificates are required for submission?
Bidders are required to submit a variety of certificates, including the Experience Criterion, past performance documentation, OEM Authorization Certificates, and proof of compliance regarding BoQ specifications. These documents play a critical role in evaluating bidder competency.
How should bidders register and submit documents?
Bidders must adhere to the outlined registration process specified in the tender documentation. Submissions should be in the prescribed formats, and all necessary documents must be completed accurately to meet eligibility and compliance requirements for consideration.
What financial security requirements must bidders fulfill?
Bidders must provide an Earnest Money Deposit (EMD) along with their submission, which should align with the financial guidelines stated in the tender. Further, performance security requirements will be communicated post-award to ensure the successful vendor meets delivery and quality standards.
Are there any specific provisions for MSEs and startups?
Yes, the tender includes significant benefits for Micro, Small, and Medium Enterprises (MSEs) as well as provisions specifically for startups. Bidders must ensure compliance with local content rules and the 'Make in India' initiative, promoting indigenous manufacturing and participation in the procurement process.