Progress
Bank Of India has released a public tender for Note Sorting Machines (Q3) in North Goa, GOA. Quantity: 1. Submission Deadline: 05-02-2025 15: 00: 00. Download documents and apply online.
Quantity
1
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
10
OEM Avg. Turnover
80
Past Performance
10 %
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Note Sorting Machines (Q3)
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Main Document
Referenced Document
Referenced Document
Referenced Document
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC)
Additional Doc 3 (Requested in ATC)
Additional Doc 4 (Requested in ATC)
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 GOA tender market
The eligibility requirements include being a registered entity, with a minimum average annual turnover of 10 Lakh and having a minimum of 3 years of relevant experience. Notably, MSEs and Startups are exempted from the years of experience requirement.
Bidders must provide several documents, such as the OEM Authorization Certificate, proof of Turnover, and various additional documents listed in the ATC. Any bidder seeking exemption from experience or turnover criteria should upload supporting documents.
Bids must be submitted through the designated online portal, conforming to the two-packet bid system format outlined in the tender documents. All necessary documents should be uploaded in the specified formats.
MSEs have the advantage of exemptions regarding the years of experience required for participation in this tender. This provision allows smaller enterprises to compete effectively with larger firms for government contracts.
The evaluation will be conducted based on multiple criteria, including compliance with technical specifications, total bid value, past performance, and overall adherence to submission guidelines. The evaluation will also involve considerations for local content and compliance with specified standards.