Security Printing And Minting Corporation Of India Limited Cooling Fan Tender Dewas Madhya Pradesh 2025

Tender Overview

The procuring organization is the Security Printing And Minting Corporation Of India Limited (SPMCIL), seeking a Cooling Fan supply for the location DEWAS, MADHYA PRADESH 455001. Estimated contract value is ₹143,000 with a potential 25% quantity variation under the option clause. Delivery terms align to the last delivery order date with minimum 30 days for any extended period. The tender emphasizes compliance with GeM/GIT & GCC terms and requires RTGS payment after satisfactory user report, signaling a streamlined post-delivery payment process. This focused buy targets single-category cooling fans, with dynamic quantity adjustments during the contract currency. Unique aspects include strict acceptance criteria via user departments and the option-based delivery timeline adjustments.

Technical Specifications & Requirements

• Product: Cooling Fan (no detailed specs provided in the tender data)
• Location: DEWAS, MADHYA PRADESH (455001)
• Estimated value: ₹143,000
• Quantity variation: up to 25% of bid quantity at contract placement and during currency
• Delivery: from the last date of the original delivery order; extended delivery time calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
• Payment terms: 100% payment after satisfactory report, via RTGS; requires bank details with invoice
• Compliance and documentation: adherence to GIT & GCC; undertaking to accept SPMCIL terms; GST filing obligations; LD for delays up to 10% of contract value; LD rate 0.5% per week
• EMD: Not specified in the data (tender value implies bid security may be required per standard practice)
• Other: Land border and GCC references imply cross-border contract considerations; no BOQ items present.

Terms, Conditions & Eligibility

• Option Clause: Purchaser may increase/decrease quantity up to 25% during contract; extended delivery period follows defined formula with a minimum of 30 days.
• Payment Terms: 100% payment after satisfactory report from user department; payment via RTGS; provide bank details on invoice.
• Liquidated Damages: Delays incur 0.5% per week of delivered price, up to a maximum of 10% of contract value.
• GST Returns: Supplier must file outward GST returns on time; failure may withhold further payments.
• GIT & GCC: Bidder must undertake acceptance of GIT & GCC; prevailing clauses as per SPMCIL terms.
• Acceptance: Compliance with user department acceptance criteria is mandatory; performance conditions apply.
• Documentation: Submission of GST, PAN, experience (if required), financials, and bank details with invoice; OEM authorizations if applicable.