Bid Publish Date
16-Feb-2026, 9:53 pm
Bid End Date
23-Feb-2026, 6:00 pm
Location
Progress
Quantity
7
Bid Type
Two Packet Bid
Organization: Canara Bank; Product: Currency Counting Machine (V2); Location: UJJAIN, MADHYA PRADESH 456001; Category: Currency Counting Machine (V2) with PAC; Estimated Value: not disclosed; EMD: not disclosed. The tender requires manufacturers or authorized distributors to provide an OEM authorization, ISO 9001 certification, and a functional service center in the consignee state. The Buyer adds a 25% option clause for quantity variation during and after contract, with delivery terms anchored to the original delivery period and extended timelines. The procurement emphasizes note authentication features, counting speed, and on-site/CMC support terms. Unique elements include mandatory service center establishment within 30 days and supplier compliance with the ISO standard coupled with MAO (Manufacturer Authorization) requirements.
25% quantity variation permitted under option clause with adjusted delivery timelines
OEM authorization required; service centers in consignee states with 30-day setup window
ISO 9001 certification mandatory for bidder or OEM; GST considerations as applicable
GST as actual or applicable rate; no fixed reimbursement beyond quoted rate; payment terms not specified in data
Delivery period starts from last date of original delivery order; extended period applies when option clause is exercised
Not explicitly stated; terms imply penalties via delivery timeline adjustments under option clause
Must hold ISO 9001 certification (bidder or OEM)
Must provide Manufacturer Authorization with complete OEM details
Must establish/verify functional Service Centre in consignee state within 30 days of award
Main Document
OTHER
CATALOG Specification
GEM_GENERAL_TERMS_AND_CONDITIONS
Gujarat Electricity Board (geb) - Gujarat Urja Vikas Nigam Limited (guvnl)
JAMNAGAR, GUJARAT
Lic - Life Insurance Corporation Of India
Lic - Life Insurance Corporation Of India
SATARA, MAHARASHTRA
Lic - Life Insurance Corporation Of India
KAMRUP, ASSAM
Lic - Life Insurance Corporation Of India
Tender Results
Loading results...
| Category | Specification | Requirement |
|---|---|---|
| Features and Performance | Display | LCD/LED/Digital Display |
| Features and Performance | Type of Counting Mechanisms | Loose Currency |
| Features and Performance | Foam Factor/Type | Desktop/Table Top-Type |
| Features and Performance | Additional Sensors for Note Authentication of the Machine | CIS (Contact Image Scanner), UV (Ultra-Violet Light/Fluorescent Scanner), MG (Magnetic Scanner), IR (Infra Red Scanner) |
| Features and Performance | Counting speed, (Number of Currency Notes/Minutes) | Upto 1000 |
| Features and Performance | Communication Ports | USB, RS-232 (Serial Port) |
| Features and Performance | Salient Features | Capable of Counting and Totalling Multi Denominations Currency Notes in single operation |
| Service, Warranty, Installation and Commissioning | Minimum Free Services during Comprehensive warranty / CMC / AMC for complete unit | 2 nos. per year |
- GST registration certificate
- PAN card
- ISO 9001 certificate (bidder or OEM)
- Manufacturer Authorization / OEM authorization with complete details
- Evidence of functional Service Centre in the State (or plan to establish within 30 days)
- Technical bid documents detailing currency counting machine features (Display, counting speed, sensors, interfaces)
- Financial statements (as applicable to tender rules)
- Any other statutory or bid-specific certificates as required in terms and conditions
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | R.S. TECHNOLOGY Under PMA | Make : KORES EASYCOUNT Model : Kores Easy Count 453 CIS Based 100% Accurate Value | 19-02-2026 19:00:05 | Qualified |
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | R.S. TECHNOLOGY Under PMA | ₹3,42,790 | Item Categories : Currency Counting Machine (V2) |
Key insights about MADHYA PRADESH tender market
Bidders should verify ISO 9001 certification, obtain Manufacturer Authorization, and establish or prove a functional service center in Madhya Pradesh. Prepare documentation including GST, PAN, and OEM details, and ensure compliance with the 25% option clause for quantity variation.
Submit GST registration, PAN card, ISO 9001 certificate, OEM authorization, evidence of service center (within 30 days if not existing), technical proposal detailing display, sensors, speed, and interfaces, plus financial statements as applicable to tender rules.
Bid documents require details on display type, counting mechanism, foam factor, additional note authentication sensors, counting speed (notes per minute), and supported communication ports; bidder must outline salient features and warranty/CMC terms for the complete unit.
Delivery timelines begin from the last date of the original delivery order. If quantity increases by up to 25%, the additional time is calculated as (increased quantity ÷ original quantity) × original delivery period, with a minimum extension of 30 days.
Eligibility includes ISO 9001 certification, OEM authorization, functional service centers in consignee state, and ability to honor the 25% quantity variation clause; bidders must comply with GST rules and provide technical specifications as per tender.
GST is to be verified by bidders and applied as actuals or per applicable rates, whichever is lower, with reimbursement limited to the quoted GST percentage; no default GST entitlement is provided by Canara Bank.
Submit evidence of a functional service center in the state or a plan to establish one within 30 days of award. Payment release is contingent on documentary evidence of having a functional service center.
The bid requires minimum free services during comprehensive warranty/CMC/AMC for the complete unit; bidders should specify on-site or carry-in support and terms of service continuity within the stated warranty period.
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Main Document
OTHER
CATALOG Specification
GEM_GENERAL_TERMS_AND_CONDITIONS