State Bank of India 1+1 Note Sorting Machine Tender Munger Bihar 2026
Progress
Key Highlights
- • Location-specific procurement: Munger, Bihar for SBI currency handling equipment
- • Product focus: 1+1 note sorting machine with potential for scale via option clause
- • Option to increase quantity up to 25% during contract execution
- • Delivery timing linked to original order date with minimum 30 days for extended periods
- • No BOQ items or estimated value published in available data
- • No explicit EMD amount disclosed; bidders should expect standard bank tender requirements
- • No explicit OEM or standards listed; plan to demonstrate currency processing capability and integration readiness
Tender Overview
Organization: State Bank Of India (SBI), Department Of Financial Services, seeking procurement of a 1+1 note sorting machine for operation in Munger, Bihar (811201). The listing indicates a single machine category with no BOQ items presently published, and no explicit estimated value or EMD disclosed. The tender emphasizes a flexible quantity clause, allowing up to 25% quantity variation at contract award and during the currency of the contract, at contracted rates. This uniqueness supports scalable deployment within SBI’s cash handling workflow. The procurement focus is on a robust currency sorting solution, with emphasis on adherence to delivery-time rules and option-driven expansion.
- Location: Munger, Bihar
- Category/Product: 1+1 note sorting machine
- Quantity/Value: Not published; no BOQ items available
- Key differentiator: Option clause enabling up to 25% quantity increase; delivery period adjustments linked to last delivery order date
- Context: Potentially part of SBI’s Cash Management and Department of Financial Services containerized needs
Technical Specifications & Requirements
- Product/Service Name: 1+1 note sorting machine (currency handling device for bank operations)
- Quantity/Scope: Not specified in BOQ; procurement intent appears to be for a standalone unit with scalable quantity per option clause
- Delivery Terms: Delivery period begins after the last date of the original delivery order; extended period for option quantities follows the formula: (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days; extensions may not exceed the original delivery period
- Standards/Compliance: Specific standards are not listed in the tender data; bidders should plan for standard bank-grade currency processing equipment and associated integration capabilities
- Experience/Capex: No explicit experience metrics or OEM requirements stated in the available data
Terms, Conditions & Eligibility
- EMD/Security: Not disclosed in the provided terms; bidders should anticipate standard EMD requirements in government tenders
- Delivery: Primary delivery timeline tied to original order; optional quantity may extend delivery time with calculations as specified
- Payment Terms: Not specified in the data; typical bank tenders may include milestone or post-delivery payment terms
- Option Clause: Up to 25% quantity variation allowed during contract and currency of contract
- Documents: No explicit document list provided; bidders should prepare standard GST, PAN, experience, and financial documents as per SBI procurement norms
Key Specifications
-
1+1 note sorting machine category for bank cash handling
-
Capacity/throughput details not specified in tender data
-
Expected to meet bank-grade currency processing standards; specific ISO/IEC or BIS marks not listed
-
Delivery readiness to SBI location in Munger, Bihar with integration capability
Terms & Conditions
-
Delivery terms anchored to original delivery order; optional quantity expansion up to 25%
-
Minimum 30 days as the baseline for any extended delivery period (or original delivery period if shorter)
-
No explicit EMD or payment schedule published; bidders must assume standard SBI procurement requirements
Important Clauses
Option Clause
Purchaser may increase or decrease bid quantity up to 25% at contract placement and during currency at contracted rates; delivery time adjusted accordingly
Delivery Schedule
Delivery period begins from the last date of original delivery order; extended time calculation applies for added quantity with a minimum of 30 days
Penalties/Liquidated Damages
Not specified in available terms; bidders should verify SBI contractual LD provisions during bid submission
Bidder Eligibility
-
Experience in supplying currency sorting or bank-safe equipment for cash handling
-
Financial capability evidenced by annual turnover suitable to equipment procurement
-
Compliance with SBI procurement norms and ability to meet delivery timelines
Tender Data
Bid Details
Quantity
3
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
7 Days
Preference & Exemptions
EMD Required
No
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
OEM Avg. Turnover
3
Past Performance
80 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
1+ 1 note sorting machine
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Munger
Delivery Pincodes
811214
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Ajoy Kumar Singh | 811214,SBI, RBO, OPP SAFIABAD POLICE STATION, SAFIABAD, DIST. MUNGER | Munger | Bihar | 811214 | 3 | 15 | - |
Authority Records
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Documents 3
GeM-Bidding-9964912.pdf
Main Document
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
2
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Required Documents
GST registration certificate
PAN card
Experience certificates for similar currency sorting equipment deployments
Financial statements (last 2-3 years) demonstrating capability
EMD/Security deposit as per SBI procurement norms
Technical bid/documentation detailing machine specifications and compliance
OEM authorization or dealer authorization for the 1+1 note sorting machine
Any prior performance/maintenance commitments for currency handling equipment
Frequently Asked Questions
Key insights about BIHAR tender market
How to bid for a 1+1 note sorting machine tender in Munger Bihar
Bidders should submit GST, PAN, experience certificates, financial statements, and EMD as per SBI terms. Provide OEM authorizations and technical compliance for currency handling equipment. Ensure delivery capability post original order date with potential 25% quantity variation at contracted rates.
What documents are required for SBI currency sorting machine procurement
Required documents include GST registration, PAN, 2–3 years of financials, experience certificates for similar projects, EMD/security deposit, OEM authorization, and technical bid detailing machine specifications and safeguards for currency handling.
What are the delivery terms for SBI 1+1 note sorting machine tender
Delivery starts from the last date of the original delivery order. If quantity increases, extended time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days; extension cannot exceed original delivery period.
What is the eligibility criteria for SBI currency sorting bid 2026
Eligibility includes prior experience in supplying currency handling equipment, adequate financial strength, GST/PAN compliance, OEM authorization, and ability to meet SBI delivery timelines and option-quantity terms as described in the tender.
What are the key terms and penalties for this SBI tender
Key terms include an option clause permitting up to 25% quantity variation at contract; delivery-time adjustments; standard bank procurement terms to be verified; penalties/LD not specified in the provided data and should be reviewed in the final bid document.
How to verify technical specifications for SBI 1+1 note sorting machine
Review the technical bid section for currency sorting machine capacity, sorting accuracy, speed, jam resistance, and integration interfaces. Ensure OEM authorization and compliance with bank-grade currency processing norms; confirm any ISI/ISO/BIS marks during supplier qualification.
When is the bid submission deadline for SBI Munger tender
The exact submission deadline is not published in the available data; bidders should monitor SBI procurement portal updates and respond promptly once the official call for bids is released, ensuring all required documents and EMD are ready.
What standards or certifications are required for SBI currency equipment
No explicit standards listed; bidders should demonstrate currency processing equipment meeting bank reliability, security, and integration requirements, and provide OEM certifications to verify device capabilities and service support.