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Tender Notice for Cash In Transit Service - 3000; driver; Not Applicable; Air Conditioned; 3; 2,Cash In Transit Servi in SURAT, GUJARAT

Bid Publish Date

20-May-2025, 5:00 pm

Bid End Date

03-Jun-2025, 5:00 pm

EMD

₹1,00,000

Value

₹47,00,000

Progress

Issue20-May-2025, 5:00 pm
AwardPending

A tender has been published for Bank Of India Cash In Transit Service - 3000; driver; Not Applicable; Air Conditioned; 3; 2, Cash In Transit Service - 2000; driver; Not Applicable; Air Conditioned; 3; 2 in SURAT, GUJARAT. Quantity: 3 by. Submission Deadline: 03-06-2025 17: 00: 00. Check eligibility and apply.

Authority & Contact

Tender Data

Bid Details

Quantity

3

Bid Type

Two Packet Bid

Bid Validity

30 (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

25

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 - 3000; driver; Not Applicable; Air Conditioned; 3; 2 , Cash In Transit Service - 2000; driver; Not Applicable; Air Conditioned; 3; 2

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTBANK OF INDIA

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Documents 8

GeM-Bidding-7864692.pdf

Main Document

Other Documents

OTHER

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 GUJARAT tender market

What are the eligibility requirements for participating in the cash in transit services tender?

The eligibility requirements include being a registered entity with proven experience in providing cash transport services. Bidders must provide all necessary documentation, including compliance with local regulations and financial capabilities to undertake this service. Previous contracts and proof of operational competence in the cash logistics sector will be vital for assessment.

What necessary certificates are required to submit a proposal for cash in transit services?

To submit a competitive proposal for cash in transit services, bidders need to provide comprehensive certificates that validate their registration, insurance coverage, and previous operational performance in cash logistics. Documentation must include safety and compliance certificates, as well as financial statements that affirm the economic stability of the bidding entity.

What is the process for submitting documents for the cash in transit service tender?

The submission process involves preparing documents as per the specified requirements outlined in the tender. Bidders must ensure that all proposals and responses are formatted correctly. Timely submission is crucial, and all proposals must be submitted through the designated government tender portal, following the guidelines for document format and integrity.

Are there any special provisions for Micro, Small, and Medium Enterprises (MSEs) in this tender?

Yes, this tender provides several benefits for MSEs, which may include financial incentives, support in documentation, and an encouraged environment to maximize participation from smaller firms. These provisions are designed to support enterprise development while promoting local economic growth.

What are the payment terms and performance security requirements in this tender?

Payment terms will be defined within the contract terms, usually based on the delivery stages and services rendered. Additionally, bidders must be prepared to offer a performance security deposit to ensure that all services are carried out satisfactorily and in line with the agreed contract, typically ranging from a percentage of the total contract value.