Progress
Bank Of Maharashtra invites bids for Safes (V2) as per IS 550 (Q2) in KHORDHA, ODISHA. Quantity: 6. Submission Deadline: 30-05-2025 13: 00: 00. Submit your proposal before the deadline.
Quantity
6
Bid Type
Two Packet Bid
Bid Validity
60 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
8
OEM Avg. Turnover
8
Past Performance
60 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Safes (V2) as per IS 550 (Q2)
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
GEM_CATEGORY_SPECIFICATION
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (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 ODISHA tender market
The eligibility requirements include being a registered entity with a proven track record in supplying and installing safes. Bidders must provide documentation demonstrating their experience in similar projects, ensuring they meet the necessary technical specifications required by IS 550.
Bidders are required to present various certificates proving eligibility, which may include registration certificates, MSE certification, and any additional documents that affirm compliance with quality standards outlined in IS 550. Proper documentation helps in establishing credibility while submitting proposals.
Payment terms will be influenced by the negotiated agreement post-evaluation. Typically, bidders may need to provide a performance security which assures contract fulfillment. Bidders are encouraged to outline their payment provisions clearly in their submissions to facilitate discussions.
The evaluation process will include a detailed review of all submitted documents against the tender requirements. Technical and financial bids will be assessed separately. The selection will be made based on merit, ensuring the most compliant bid that meets the delivery locations requirements is awarded the contract.
MSEs participating in this tender can expect provisions designed to support their competitive edge. This includes benefits in terms of relaxed eligibility criteria, negotiation flexibility, and consideration for local content and procurement rules to encourage sustainability practices in the procurement cycle.