State Bank Of India Fixed Asset Procurement Tender Vidisha Madhya Pradesh 2025 - 25% Quantity Variation & ₹9 Lakh Estimated Value

Tender Overview

State Bank Of India (SBI), Department Of Financial Services, invites bids for FIXED ASSET PROCUREMENT in Vidisha, Madhya Pradesh 464001 with an estimated value of ₹9,00,000. The BOQ lists 5 items, though item-specific quantities are not disclosed. The contract includes an option clause allowing a ±25% quantity variation at bid rates, with delivery timelines linked to the last delivery order date and adjusted periods. Bidders should prepare for potential quantity expansion during the contract term, with delivery periods calibrated to the original schedule and extended periods. The tender language emphasizes compliance with the option clause, and bidders must align their delivery plans accordingly.

Technical Specifications & Requirements

• No explicit product specifications are provided in the tender data.
• A total of 5 items are listed in the BOQ, all marked as N/A for quantity and unit.
• The contract includes an option clause enabling a 25% increase in order quantity during execution at the contracted rates.
• The delivery period framework: delivery starts from the last date of the original delivery order; extended delivery time is calculated as (increased quantity ÷ original quantity) × original delivery period, with a minimum of 30 days.
• Estimated value is ₹9,00,000; no EMD amount is disclosed in available data.
• Bidders should rely on the accompanying ATC terms and any viewable uploaded ATC document for compliance.

Terms, Conditions & Eligibility

• Option Clause: Purchaser may increase/decrease quantity by up to 25% of bid quantity at contract placement and during currency at contracted rates.
• Delivery timing: extended delivery time formula applies; minimum extension is 30 days.
• EMD amount: Not disclosed in provided tender data; bidders should review ATC for exact amount and payment method when available.
• Documentation requirements are not fully detailed in the public data; typical submissions include GST, PAN, experience certificates, financial statements, and OEM authorizations as applicable. Bidders must comply with the ATC terms to participate.