State Bank of India 1+1 Note Sorting Machine Tender Munger Bihar 2026 – Delivery, Quantity Options, and Standards
Progress
Key Highlights
- • Brand/OEM requirements: Not specified in current data
- • Technical standards: No ISI/ISO/ISI 550 details provided
- • Special clauses: 25% quantity variation right and extended delivery period mechanism
- • Eligibility: No explicit experience or turnover thresholds published in data
- • Warranty/AMC: Not mentioned in terms
- • Penalties: Liquidated damages not disclosed
- • Delivery/Installation: Delivery period tied to original order; extension rules defined
- • Unique condition: No BOQ items available; procurement centered on a single machine type
Tender Overview
Organization: State Bank of India (SBI) seeks procurement of a 1+1 note sorting machine for operations in Munger, Bihar. The tender scope is centered on automated currency handling equipment, with a potential quantity adjustment: up to 25% more or less than the bid quantity during contract placement or currency of the contract. Delivery timelines extend from the last date of the original delivery order, with minimum extension rules. Unique clause allows option-based quantity changes at contracted rates, under SBIs control. No BOQ items are listed, and no specific start/end dates are provided.
Technical Specifications & Requirements
- Product/Service: 1+1 note sorting machine for currency processing
- Standards/Compliance: Not specified in tender data
- Delivery/Installation: Delivery period linked to original order date; option clause governs extended delivery time calculations
- Quantity/Value: Bid quantity may be adjusted up to 25% during contract; no exact quantity or estimated value published
- Eligibility/Capabilities: Supplier must comply with option-based delivery and meet general tender obligations; no explicit technical specs or OEM requirements provided
- Location: Procurement for SBI in Munger, Bihar (PIN 811201)
- Other: BOQ shows zero items; document expectations follow standard bid terms
Terms, Conditions & Eligibility
- EMD/Deposit: Not disclosed in available data
- Delivery Timeline: Initial delivery as per original delivery order; extended time calculated by formula (increased quantity/original quantity) × original delivery period, min 30 days
- Price/Payment: Contractual rates apply to optioned quantities; no payment terms published
- Option Clause: Right to increase/decrease order quantity by up to 25% during and after award
- Documentation: Standard bidder documents likely required (GST, PAN, experience), though not enumerated in the data
- Compliance: Bidders must adhere to buyer’s option-based delivery framework and terms
Key Specifications
-
Product/service names: 1+1 note sorting machine
-
Quantities/Capabilities: Up to 25% quantity variation; no explicit unit quantity given
-
Estimated value/EMD: Not disclosed
-
Experience: Preference for vendors with currency processing equipment
-
Quality/Compliance: No explicit standards stated in tender data
Terms & Conditions
-
Option Clause allows ±25% quantity change at contracted rates
-
Delivery period calculations depend on original and extended orders with 30-day minimum
-
No BOQ items; standard bidder documentation implied for SBI procurement
Important Clauses
Payment Terms
Contractual rates apply to optioned quantities; no explicit advance or milestone payments published
Delivery Schedule
Delivery starts from the last date of the original delivery order; extended timelines follow the option formula with minimum 30 days
Penalties/Liquidated Damages
Penalties/LDs are not specified in the provided data; standard SBI terms may apply
Bidder Eligibility
-
Eligibility to supply currency handling equipment to financial institutions
-
Submission of GST and PAN; financial stability documentation
-
Ability to meet SBI's option-based delivery schedule and contract terms
Tender Data
Bid Details
Quantity
3
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
7 Days
Preference & Exemptions
EMD Required
No
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
3
OEM Avg. Turnover
3
Past Performance
80 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
1+ 1 note soring machine
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Munger
Delivery Pincodes
811214
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Ajoy Kumar Singh | 811214,SBI, RBO, OPP SAFIABAD POLICE STATION, SAFIABAD, DIST. MUNGER | Munger | Bihar | 811214 | 3 | 15 | - |
Authority Records
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Documents 3
GeM-Bidding-9965041.pdf
Main Document
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
3 Updates Update
Extended Deadline
05-Nov-2026, 3:30 am
Opening Date
06-Nov-2026, 3:30 am
Update
Extended Deadline
27-Oct-2026, 3:30 am
Opening Date
28-Oct-2026, 3:30 am
Update
Extended Deadline
24-Oct-2026, 3:30 am
Opening Date
25-Oct-2026, 3:30 am
Categories
1
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Required Documents
GST registration certificate
PAN card
Experience certificates (similar currency handling equipment preferred)
Financial statements (audit reports for last 2–3 years)
EMD/Security deposit documentation (if required by SBI terms)
Technical bid documents (compliance with 1+1 note sorting machine specifications)
OEM authorization (if bidding as an authorized reseller)
Frequently Asked Questions
Key insights about BIHAR tender market
How to bid for SBI 1+1 note sorting machine tender in Munger?
Bidders should prepare standard SBI bid documents, including GST, PAN, experience certificates, and financials. Ensure eligibility for currency-handling equipment and comply with the option-based delivery clause allowing up to 25% quantity variation at contracted rates.
What documents are required for SBI currency processing equipment bid in Bihar?
Submit GST registration, PAN, recent financial statements, experience certificates for similar equipment, and OEM authorization if bidding as an authorized dealer. Also provide technical compliance for a 1+1 note sorting machine and any required security deposits.
What are the delivery terms for SBI 1+1 sorting machine tender 2026?
Delivery starts from the last date of the original delivery order. If quantity is increased, extended time is calculated as (increased quantity/original quantity) × original delivery period, with a minimum of 30 days.
What standards or certifications are required for SBI note sorting machine bid?
No explicit standards are listed in the data. Bidders should align with SBI procurement norms and provide standard industry certifications for currency processing equipment if available, along with OEM authorizations.
What is the EMD amount for SBI Munger procurement of sorting machines?
The tender data does not disclose the EMD amount. Bidders should watch SBI tender terms for the exact EMD or security deposit requirements and ensure payment terms align with SBI guidelines.
When is the bid submission deadline for SBI Munger sorting machine tender?
Exact start and end dates are not provided. Bidders must monitor the SBI procurement portal for the current tender timeline and ensure submission before the specified bid submission deadline.
What are the key eligibility criteria for SBI currency equipment suppliers?
Applicants should demonstrate experience with currency processing hardware, provide financial stability documents, and meet SBI’s option-based delivery terms. Ensure GST/PAN compliance and, if required, OEM authorization for the 1+1 note sorting machine.