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Closed GEM

Procurement Opportunity: currency counting machine in KAMRUP, ASSAM

Bid Publish Date

21-Jan-2025, 11:47 am

Bid End Date

03-Feb-2025, 12:00 pm

Location

Progress

Issue21-Jan-2025, 11:47 am
Technical02-Mar-2025, 10:28 am
Financial
Award17-May-2025, 12:45 pm
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Quantity

7

Categories 2

Lic - Life Insurance Corporation Of India invites bids for currency counting machine (Q3) ( PAC Only) in KAMRUP, ASSAM. Quantity: 7. Submission Deadline: 03-02-2025 12: 00: 00. Submit your proposal before the deadline.

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

No

Item Category

currency counting machine (Q3) ( PAC Only )

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 3

GeM-Bidding-7405864.pdf

Main Document

Competent Authority Approval document for PAC : View Document

Referenced Document

attached categories, trials are allowed as per approved procurement policy of the buyer nodal Ministries)

Referenced Document

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

OEM Authorization Certificate *In case any bidder is seeking exemption from Experience / Turnover Criteria

4

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

Technical Results

S.No Seller Item Date Status
1
ALBERTSONS INTERNATIONAL PRIVATE LIMITED   Under PMA
Make : ALBERTSONS Model : Cashclean-100LV03-02-2025 10:28:20
2
UNICUS EQUIPMENTS PRIVATE LIMITED   Under PMA
Make : ALBERTSONS Model : Cashclean-100LV03-02-2025 11:25:46

Financial Results

Rank Seller Price Item
L1
ALBERTSONS INTERNATIONAL PRIVATE LIMITED(MSE)( MSE Social Category:General )    Under PMA
Item Categories : currency counting machine
L2
UNICUS EQUIPMENTS PRIVATE LIMITED   Under PMA
Item Categories : currency counting machine

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about ASSAM tender market

What are the eligibility requirements for participating in this tender?

The eligibility requirements for bidders include being a registered entity with a minimum of 3 years of past experience in supplying similar currency counting machines. Additionally, bidders should possess a minimum average annual turnover of 1 Lakh (s). For those seeking exemptions regarding experience or turnover, supporting documents must be uploaded for evaluation.

Are there specific certificates required for the tender?

Yes, bidders must provide relevant certificates, including an OEM authorization certificate. It is essential to ensure that all eligibility documents and certificates are in order for successful participation in the tender.

What is the registration process for submitting a tender?

Bidders need to register on the official GEM portal and complete their profile. It is crucial to upload all required documents, including proof of experience, turnover, and compliance with technical specifications, to successfully submit a bid.

What are the payment terms associated with this tender?

The payment terms for this tender will be detailed in the contract awarded to the successful bidder. Bidders should be prepared to adhere to these terms while ensuring timely delivery and compliance with technical specifications.

How will the evaluation and selection process be conducted?

The evaluation and selection process involves a total value-wise evaluation of submitted bids. Bids will be assessed based on compliance with technical and financial requirements while ensuring competitive pricing. Notifications of the results will be communicated to all bidders as part of the process.