Tender Overview
The procurement opportunity is issued by Indian Overseas Bank for the maintenance and servicing of an integrated alarm system located in Nagpur, Maharashtra 440001. The estimated contract value is ₹1,350,000 with an EMD of ₹65,000. The scope emphasizes ongoing service of an existing alarm system, with no BOQ items listed. The opportunity includes a flexible quantity/duration clause of up to 25% adjustment before award and after contract issuance, binding bidders to revised terms. This tender seeks technically capable service providers specializing in integrated alarm systems and post-installation support.
- Organization: Indian Overseas Bank
- Location: Nagpur, Maharashtra 440001
- Category: Maintenance and Servicing of Integrated Alarm System
- Estimated value: ₹1,350,000; EMD: ₹65,000
- No BOQ items; pre/post-installation service focus; 25% quantity/duration adjustment window
- Unique aspect: ATC/Additional Terms may accompany the tender, with no explicit technical specifications published
Technical Specifications & Requirements
This tender provides no explicit technical specifications or detailed product requirements. Nevertheless, the procurement clearly targets ongoing maintenance and servicing for an integrated alarm system. Bidders should anticipate standard service deliverables such as preventive maintenance, incident response, fault diagnosis, parts provisioning, and timely repairs, aligned with common industry practices for integrated security alarm setups. In the absence of BOQ items, bidders should prepare a robust service proposal covering response times, maintenance schedules, spares availability, and compliance with bank-grade security expectations. The EMD amount of ₹65,000 signals credible bid commitment. The contract value of ₹1,350,000 indicates substantial service scope and recurring maintenance potential.
- Service focus: maintenance and servicing of integrated alarm system
- Estimated value: ₹1,350,000; EMD: ₹65,000
- Expect standard post-installation support, preventive maintenance, and urgent fault resolution
- No explicit standards published; bidders should reference common security service norms
- Prepare warranties and response SLAs in line with industry practice
Terms, Conditions & Eligibility
- EMD: ₹65,000
- Contract quantity/duration may be adjusted by up to 25% before award and after contract issuance
- Follow-up terms or ATC/Additional Terms may be provided in uploaded documents
- Section highlights no BOQ details; bidders should seek ATC clarity and provide a comprehensive service proposal
- While explicit timelines are not published, bidders should propose responsive maintenance SLAs and payment terms aligned with industry norms
- Ensure ability to work within banking security protocols for Nagpur, Maharashtra
