Progress
Punjab And Sind Bank announces a tender for Safes (V2) as per IS 550 (Q2) in DARBHANGA, BIHAR. Quantity: 1. Submission Deadline: 09-01-2025 17: 00: 00. Last date to apply is approaching fast!
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
3 Days
Min. Avg. Annual Turnover
1
OEM Avg. Turnover
10
Past Performance
10 %
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Safes (V2) as per IS 550 (Q2)
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Main Document
GEM_CATEGORY_SPECIFICATION
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
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
Key insights about BIHAR tender market
The eligibility requirements include being a registered entity with a minimum average annual turnover of 1 Lakh. For OEMs, a minimum average turnover of 10 Lakh is mandatory. Verification of past performance representing 10% of the evaluation is also required.
Bidders must submit relevant certificates such as the OEM Authorization Certificate, Proof of Turnover, and documents evidencing experience and past performance, ensuring compliance with technical specifications outlined.
To register for submitting a bid, visit the official tender submission portal. Ensure to have all required documents prepared to expedite the registration process. Registration typically involves providing company details and submitting initial qualification documents.
Documents must be submitted in the specified electronic format outlined in the tender document. Generally, accepted formats include PDF for official documentation and Excel for financial proposals.
The safes must adhere to the specifications set forth in IS 550 standards. Bidders are encouraged to study these requirements closely to ensure compliance before submission.
Yes, all safes must conform to quality standards as described in the tender document. Compliance with IS 550 is crucial for successful bids.
Bidders must comply with all technical and financial stipulations outlined in the tender documentation. Non-compliance may lead to disqualification during the evaluation process.
Bidders usually need to submit an Earnest Money Deposit (EMD) as specified in the tender document to demonstrate seriousness. Details regarding amount and submission will be outlined within the document.
Successful bidders may be required to furnish a performance security that ensures contract obligations are met. Specifics will be detailed in the tender terms.
Payment terms will be agreed upon post-evaluation and acceptance of bids. Generally, payments may be processed upon successful delivery and inspection of goods.
Price evaluation will consider the total value of bids submitted. Bidders are encouraged to provide clear pricing in line with the specifications to facilitate evaluation.
Submission must be made electronically through the designated bidding portal. It is essential to adhere to the submission format and provide all required documentation to avoid disqualification.
The specific timelines and deadlines for bid submission and opening will be provided in the main tender document. Bidders should regularly check for updates.
The evaluation will follow a structured approach based on both technical compliance and financial considerations, with a focus on the overall value of bids submitted. Bidders may be contacted for clarification if necessary.
Results will be communicated to bidders via the submission portal or via email, as specified in the tender document. Notifications will generally occur after the evaluation process is completed.
MSEs may receive preferential treatment in the evaluation process, encouraging their participation and enhancing fair competition within the tendering system.
Startups may avail certain benefits and exemptions outlined in government guidelines to promote innovation and participation in public procurement processes.
Yes, the conditions outlined in this tender align with the 'Make in India' initiative, encouraging local manufacturing and procurement in accordance with government policies.
Local content rules will apply, and bidders should review these provisions in the tender documentation for a comprehensive understanding of their obligations.