Open Tender for Safes (V2) as per IS 550

The eligibility requirements include being a registered entity, possessing at least 3 years of relevant experience in supplying safes, meeting the minimum annual turnover of 19 Lakhs, and demonstrating a past performance rate of 80% or higher.

Bidders must provide several certificates, including business registration, OEM authorization certificates, and documents demonstrating their turnover and past performance. Additionally, supporting documents may be required if exemption from experience/turnover criteria is sought.

To register for the tender, a bidder must create an account on the designated procurement platform. Following account creation, the bidder can submit the required documents for evaluation.

The accepted document formats typically include PDF for technical documents and Excel for financial bids, as outlined in the tender guidelines. Bidders should ensure all files are accessible and properly formatted for review.

The safes must comply with IS 550 standards, ensuring they are robust and secure. Additional details on specific technical specifications are available in the tender documents.

Yes, all safes must adhere to the safety and quality standards set forth in the IS 550 specification. Bidders must deliver products that meet these national standards.

Bidders must comply with all specified technical, financial, and documentation guidelines. Relevant Indian standards must also be met to ensure product quality.

Testing criteria will align with the IS 550 standards whereby safes will be evaluated for quality, robustness, and security features as part of the selection and approval process.

A refundable EMD amounting to 50000 INR is required upon submission of bids. This deposit will be returned to bidders post-evaluation unless there is a case of non-compliance with the tender conditions.

Successful bidders may be required to submit a performance security, the exact amount of which will depend on the value of the contract and will be specified during the bid notification stage.

Payment terms will be outlined in the final contractual agreement, generally following the delivery and verification of the safes. Payment will typically follow a milestone-based approach.

Price evaluations will follow a total value wise evaluation methodology, wherein the total cost shall be assessed against the technical credentials of the bids submitted.

Bids must be submitted electronically via the designated procurement platform with all required documents uploaded in the specified formats.

Bidders should take note of all deadlines for document submissions and bid evaluations as outlined in the tender announcement for planning purposes.

The evaluation process will consider both technical and financial aspects, following the specified H1-highest priced bid elimination rule for assessment.

The results of the evaluation will be communicated to bidders through the official procurement platform, ensuring transparency in the selection process.

MSEs may benefit from various provisions aimed at facilitating their participation in government tenders, such as relaxed eligibility criteria and potential financial aids.

Yes, startups may also qualify for special provisions aimed at encouraging emerging businesses to participate in government procurement, often linked to funding and operational support.

Bidders must ensure that their products contribute towards domestic manufacturing goals as outlined under the 'Make in India' initiative, promoting local industries and reducing reliance on imports.