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GEM

Government Tender Published for Cash In Transit Service - 2000; Driver only; Not Applicable; Air Conditioned; 3; 2 in GURGAON, HARYANA

Bid Publish Date

23-Dec-2024, 1:34 pm

Bid End Date

06-Jan-2025, 12:00 pm

Value

₹60,00,000

Progress

Issue23-Dec-2024, 1:34 pm
Technical01-Apr-2025, 6:21 pm
Financial
AwardCompleted
Explore all 4 tabs to view complete tender details

Quantity

2

Bid Type

Two Packet Bid

Bank Of India invites bids for Cash In Transit Service - 2000; Driver only; Not Applicable; Air Conditioned; 3; 2 in GURGAON, HARYANA. Quantity: 2. Submission Deadline: 06-01-2025 12: 00: 00. Submit your proposal before the deadline.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Cash In Transit Service - 2000; Driver only; Not Applicable; Air Conditioned; 3; 2

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTBANK OF INDIA

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Documents 7

GeM-Bidding-7288316.pdf

Main Document

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

Past Similar Tenders (Historical Results)

5 found

Cash In Transit Service - 2000; Driver only; Not Applicable; Air Conditioned; 3; 2

Bank Of India

KENDUJHAR, ODISHA

Posted: 3 March 2025
Closed: 17 March 2025
GEM

Cash In Transit Service - 2000; Driver only; Not Applicable; Air Conditioned; 3; 2

Bank Of India

VISAKHAPATNAM, ANDHRA PRADESH

Posted: 25 November 2025
Closed: 16 December 2025
GEM

Cash In Transit Service - 2000; driver only; Not Applicable; Air Conditioned; 3; 1

State Bank Of India (sbi)

THANE, MAHARASHTRA

Posted: 30 September 2025
Closed: 7 October 2025
GEM

Cash In Transit Service - 2000; 1-DRIVER ONLY; Not Applicable; Air Conditioned; 3; 1

State Bank Of India (sbi)

MUMBAI, MAHARASHTRA

Posted: 3 October 2025
Closed: 10 October 2025
GEM

Cash In Transit Service - 2000; Driver; Not Applicable; Air Conditioned; 4; 2

State Bank Of India (sbi)

ERNAKULAM, KERALA

Posted: 13 August 2025
Closed: 23 August 2025
GEM

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

Technical Results

S.No Seller Date Status
1
INDIAN INDUSTRIAL SECURITY SERVICES PRIVATE LIMITED   Under PMA
04-01-2025 18:21:36
2
MOUNTAIN EAGLE SECURITY & ALLIED SERVICES PRIVATE LIMITED   Under PMA
02-01-2025 19:30:54
3
S24 CONSULTANCY AND SERVICES   Under PMA
04-01-2025 21:09:41
4
Squad 7 Security and Allied Services   Under PMA
06-01-2025 11:45:41
5
UNIVERSAL PERSONNEL SECURITY TRAINING AND ALLIED SERVICES   Under PMA
30-12-2024 17:44:31

Financial Results

Rank Seller Price Item
L1
INDIAN INDUSTRIAL SECURITY SERVICES PRIVATE LIMITED( MSE Social Category:General )    Under PMA
Item Categories : Cash In Transit Service - 2000; Driver only; Not Applicable; Air Conditioned; 3; 2
L2
UNIVERSAL PERSONNEL SECURITY TRAINING AND ALLIED SERVICES( MSE Social Category:General )    Under PMA
Item Categories : Cash In Transit Service - 2000; Driver only; Not Applicable; Air Conditioned; 3; 2

Frequently Asked Questions

Key insights about HARYANA tender market

What are the eligibility requirements for Cash In Transit Service?

The eligibility requirements include being a registered entity with a minimum average annual turnover of 100 Lakh over the last three financial years and possessing 3 years of relevant experience in similar services. MSEs and Startups may qualify for exemptions if they can demonstrate compliance with technical specifications.

What technical specifications must bidders meet for the Cash In Transit Service?

Bidders must ensure that the cash vans meet various technical specifications, such as the ability to cover 2000 KM per month, having at least three CCTV cameras, and being air-conditioned. Additional requirements include new vehicles with appropriate registration and capabilities for additional services as needed.

What documentation is required for participating in the Cash In Transit Service tender?

Participants must provide several documents, including proof of experience, documentation supporting the minimum turnover requirement, a signed Integrity Pact, and any additional documents as specified in the Additional Terms and Conditions.

What are the forms of Earnest Money Deposit (EMD) and Performance Security requirements?

For this tender, no EMD is required. Instead, successful bidders will need to submit a Performance Security, which can be in the form of payment made online or through RTGS/bank transfer to the designated Bank of India account.

How do I register to participate in the Cash In Transit Service tender?

Bidders should complete the registration process through the GeM portal, ensuring all necessary identification and financial documents are uploaded. Once registered and approved, bidders can proceed with submitting their proposals for the tender.

What are the payment terms for the Cash In Transit Service contract?

The payment terms will be defined in detail post-award and are generally contingent upon the satisfactory delivery of services as agreed in the contract, following standard project milestone completions.

How is the evaluation and selection process structured for Cash In Transit Service?

The evaluation process will involve assessing bids based on total cost, compliance to technical specifications, and verification of submitted qualifications. The bidders demonstrating the best value and compliance will have greater chances of winning the tender.

What notifications will bidders receive regarding their application for Cash In Transit Service?

Upon submission, all bidders will receive notifications regarding the status of their bids and any further clarifications or actions required during the evaluation process.

Are there any specific compliance requirements I should be aware of?

Yes, bidders must comply with various standards, including those established under the “Make in India” initiative. Documentation proving compliance must be submitted alongside other required documents.

What advantages do Micro, Small, and Medium Enterprises (MSEs) receive in this tender?

MSEs can avail exemptions from traditional requirements regarding "Bidder Turnover" and "Experience Criteria," facilitating their participation in the tender process, contingent upon adherence to the specific technical and quality standards.

How do I submit my bid for the Cash In Transit Service?

Bids must be submitted via the designated GeM portal, along with all required documents. Bidders should ensure the timely filing of their electronic submissions based on the tender deadlines.

What should I do if I find discrepancies in the bidding process?

Any discrepancies or grievances must be raised using the Representation feature available on the GeM dashboard. The relevant authorities are obligated to respond to all such representations.

Are there any provisions or support for startups participating in the Cash In Transit Service tender?

Startups are eligible for exemption from experience and turnover criteria if they can meet the quality and technical specifications defined in the bid. They must provide necessary documentation to prove their eligibility.

What happens if my bid is selected?

If selected, the bidder will be required to fulfill the contract terms outlined in the final agreement, including any service delivery timelines and compliance requirements set by the procurement authority.

Feel free to refer to the main bid document for further specifications and guidance on the bidding process.

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