Bank Of India Inverter with Tub Battery Tender 2026 - Department Of Financial Services India
Bid Publish Date
03-Sep-2026, 6:28 pm
Bid End Date
14-Sep-2026, 7:00 pm
Location
Progress
Tender Overview
Bank Of India invites bids for an inverter with tub battery under the Department Of Financial Services. The BOQ reports 0 items, signaling undefined quantity as of now. The buyer reserves a ±25% quantity adjustment at contract placement and during the contract period, with the extended delivery time calculated as (increase in quantity ÷ original quantity) × original delivery period, minimum 30 days. No start/end dates or estimated value are published, necessitating bidder readiness for flexible delivery and pricing at contracted rates. This tender requires bidder compliance with the option clause and related delivery extensions. The procurement context centers on electrical energy storage equipment procurement for banking operations within India, with ATC terms noted in a viewable document. Unique aspects include a non-quantified BOQ and a formal option to scale orders up or down by 25%. This creates emphasis on scalable supply capability and delivery logistics.
Technical Specifications & Requirements
- Product/service: Inverter with Tub Battery
- BOQ items: 0 items listed; no explicit technical specs available
- Estimated value / EMD: Not published; no stated amount
- Delivery scope: Flexible per option clause; extended delivery period applies when quantities change
- Standards / certifications: Not specified in available data; refer to ATC document for specifics
- Experience: Not defined in data; bidders should verify compatibility with bank procurement norms
- Delivery location: Not specified; bidders should clarify installation site prerequisites and banking operations context
Terms, Conditions & Eligibility
- EMD: Amount not disclosed in provided data; verify ATC/BOQ terms
- Quantity flexibility: ±25% of bid quantity at contract; +25% during currency at contracted rates
- Delivery timeline: Calculated extension formula; minimum 30 days; from last date of original delivery order
- Payment terms: Not specified in data; confirm with ATC document and standard Bank of India procurement policies
- Documents required: GST, PAN, Experience certificates, Financial statements, EMD documents, Technical compliance, OEM authorizations
- Warranty / penalties: Not detailed; verify in ATC for post-supply support and LD clauses
Key Specifications
-
Product/service names: inverter with tub battery
-
BOQ items: 0 items listed – no explicit quantities
-
Estimated value / EMD: not disclosed in data
-
Delivery terms: option clause allowing ±25% quantity; extended delivery period with minimum 30 days
-
Standards: not specified in data; consult ATC document
Terms & Conditions
-
Quantity may be increased/decreased by 25% during contract with contracted rates
-
Delivery period adjustments based on additional quantity, minimum 30 days
-
EMD and payment terms not disclosed in available information
Important Clauses
Payment Terms
Payment terms aligned with Bank of India procurement policy; exact terms to be confirmed in ATC document
Delivery Schedule
Delivery begins from the last date of original delivery order; extended period applies if option clause exercised
Penalties/Liquidated Damages
LD terms not provided in available data; confirm in ATC document and contract
Bidder Eligibility
-
Eligibility for electrical equipment supply to financial institutions
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Demonstrated experience with inverter/battery procurement
-
Registered GST and PAN; financial stability documentation
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
15 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
2
OEM Avg. Turnover
2
Past Performance
20 %
Experience Required
2 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
Invertor with Tub Battery
Payment Timelines
Payments shall be made to the Seller within 10 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
Coimbatore
Delivery Pincodes
641001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Rajesh Ramasamy | 641001,Bank of India, Coimbatore Zonal Office, Star House, 324, Oppanakara Street, Coimbatore | Coimbatore | Tamil Nadu | 641001 | 1 | 15 | - |
Authority Records
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Documents 4
GeM-Bidding-9845131.pdf
Main Document
Buyer uploaded ATC document
ATC
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
2
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Required Documents
GST certificate
Permanent Account Number (PAN) card
Experience certificates for similar inverter/battery supply
Financial statements (last 3 years or as specified)
EMD/Security deposit documentation
Technical bid documents
OEM authorization / dealership certificate (if applicable)
Frequently Asked Questions
How to bid for inverter with tub battery tender in India Bank Of India
Bidders should review the ATC terms, ensure GST and PAN validity, submit EMD as required, provide OEM authorizations if applicable, and attach technical compliance documents. The supplier must be ready for ±25% quantity changes and adhere to the extended delivery period formula.
What documents are required for inverter procurement tender in India
Submit GST certificate, PAN card, experience certificates for similar projects, financial statements, EMD documents, technical bid, and OEM authorization. Ensure all documents reflect current validity and align with Bank of India procurement policies.
What are the delivery terms for Bank Of India inverter tender 2026
Delivery starts from the last date of the original delivery order; if quantity increases by up to 25%, the extended delivery time is calculated as (increase/original) × original period, with a minimum of 30 days.
What standards are required for energy storage equipment tender
Specific standards are not disclosed in the available data; bidders should review the ATC document for required certifications and ensure compliance with applicable electrical safety and storage equipment norms.
How is EMD amount determined for this inverter tender
The exact EMD amount is not published in the provided data; bidders must consult the ATC document or the procurement portal for the stated EMD value and payment method.
When is delivery expected under quantity adjustment clause
Delivery timing depends on the original delivery order, with extension time triggered by the 25% quantity adjustment; minimum extension is 30 days, and increases are calculated per the formula.
What happens if quantity options are exercised during currency
If the contractor increases quantity, delivery time adjusts using the specified formula; contracted rates apply, and the extension period can be issued, subject to minimum 30 days.
Where can I find the ATC terms for this Bank Of India tender
The ATC document is hosted on the tender portal; bidders must click the ATC link in the buyer uploaded document section to view exact terms, conditions, and technical requirements.