Bid Publish Date
21-Feb-2025, 7:10 pm
Bid End Date
26-Feb-2025, 7:00 pm
Location
Progress
Quantity
13
Bid Type
Single Packet Bid
Lic - Life Insurance Corporation Of India announces a tender for currency counting machine (Q3) ( PAC Only) in SATARA, MAHARASHTRA. Quantity: 13. Submission Deadline: 26-02-2025 19: 00: 00. Last date to apply is approaching fast!
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
currency counting machine (Q3) ( PAC Only )
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Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover *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
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | ALBERTSONS INTERNATIONAL PRIVATE LIMITED Under PMA | Item Categories : currency counting machine | |
| L2 | Pompei Enterprises Under PMA | Item Categories : currency counting machine | |
| L3 | UNICUS EQUIPMENTS PRIVATE LIMITED Under PMA | Item Categories : currency counting machine |
Key insights about MAHARASHTRA tender market
The eligibility requirements for participation in this tender include being a registered entity with valid business licenses. Bidders must have prior experience in supplying similar currency counting machines and possess adequate financial capabilities to fulfill the contract’s obligations.
Bidders need to ensure that their currency counting machines meet specified technical specifications. These include high counting speeds, counterfeit detection features, and user-friendly interfaces. Compliance with recognized quality standards is also essential for efficiency and reliability.
All participants must submit an Earnest Money Deposit (EMD) as part of their bid. The EMD amount and specific guidelines for submission can be found in the tender documentation. It serves as a guarantee of the bidder’s commitment to fulfilling the contract upon selection.
Documents must be submitted in the designated formats usually specified in the tender details. Bidders should ensure all copies are complete and organized. It is advisable to follow the submission methods stated in the tender documentation to avoid disqualification.
Micro, Small, and Medium Enterprises (MSEs) and startups can avail of several benefits, including reduced requirements for financial guarantees and preferential treatment during the evaluation process. This encourages participation and strengthens local businesses in the procurement process, aligning with local content and procurement policies.
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