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Procurement Opportunity: Cash In Transit Service - 3000; driver; Not Applicable; Air Conditioned; 3; 2 in VADODARA, GUJARAT

Bid Publish Date

12-May-2025, 4:19 pm

Bid End Date

22-May-2025, 3:00 pm

EMD

₹1,00,000

Value

₹26,40,000

Progress

Issue12-May-2025, 4:19 pm
AwardPending

Bank Of India announces a tender for Cash In Transit Service - 3000; driver; Not Applicable; Air Conditioned; 3; 2 in VADODARA, GUJARAT. Quantity: 1. Submission Deadline: 22-05-2025 15: 00: 00. Last date to apply is approaching fast!

Authority & Contact

Tender Data

Bid Details

Quantity

1

Bid Type

Two Packet Bid

Bid Validity

180 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Tech Clarification Time

12 Days

Preference & Exemptions

Startup Exemption (Experience)

Yes

Requirements

Min. Avg. Annual Turnover

25

Experience Required

3 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Cash In Transit Service - 3000; driver; Not Applicable; Air Conditioned; 3; 2

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTBANK OF INDIA

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Documents 8

GeM-Bidding-7831298.pdf

Main Document

Other Documents

OTHER

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

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

5

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Frequently Asked Questions

Key insights about GUJARAT tender market

What are the eligibility requirements for Cash In Transit Service tender?

The eligibility requirements include being a registered entity, possessing relevant experience in cash transport services, and conforming to all applicable local laws and regulations. Bidders must submit necessary certificates that validate their capability to fulfill the contractual obligations, ensuring both reliability and safety during transit operations.

What technical specifications must be met for this tender?

Bidders need to comply with specific technical specifications that include providing air-conditioned vehicles equipped with GPS tracking and security systems. Bid proposals must also indicate trained personnel who can ensure the secure handling of cash throughout the transport process.

What are the payment terms outlined in this tender?

The tender stipulates that payment will be made based on agreed terms outlined in the final contract. Bidders should anticipate the details regarding payment terms to be included within the contract, emphasizing completion milestones and quality assurance checks.

How should submissions be made for this tender?

Submissions for this tender should be completed in a digital format as per the outlined submission methods in the tender documentation. Bidders are expected to ensure that all required documents are accurately filled out and submitted by the designated deadline, with a focus on adherence to the specified formats.

Are there specific benefits for MSEs and startups under this tender?

Yes, the tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups. It includes provisions designed to enhance opportunities for these entities, such as preference in bid evaluation and adherence to the 'Make in India' policies, promoting local production and services.