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Union Bank Of India Currency Counting Machine (V2) Tender Ahmedabad Gujarat 2025

Bid Publish Date

02-Nov-2025, 6:24 pm

Bid End Date

12-Nov-2025, 7:00 pm

Location

AHMADABAD , GUJARAT

Progress

Issue02-Nov-2025, 6:24 pm
Technical11-Aug-2025, 5:31 pm
Financial
Award09-Dec-2025, 4:18 am
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Quantity

4

Bid Type

Two Packet Bid

Categories 2

MACHINE CURRENCY COUNTING MACHINE

Tender Overview

Union Bank Of India invites bids for a Currency Counting Machine (V2) – Q2 in Ahmedabad, Gujarat. The procurement scope centers on a banking-grade currency counting solution, with quantity variance up to 25% and contractually adjustable delivery timelines. The notice emphasizes delivery timelines linked to the last delivery order date and extended periods, ensuring responsive supply during contract execution. The absence of BOQ items or stated estimated value suggests a focused, single-product procurement driven by bank security and processing efficiency needs. The option clause differentiates this tender by enabling partial scale adjustments during contract performance, affecting logistics and pricing stability. This tender targets suppliers capable of rapid mobilization and adherence to recipient-side delivery controls. The opportunity is positioned within the Union Bank Of India procurement framework for financial service operations.

Technical Specifications & Requirements

  • Product category: Currency Counting Machine (V2) – Q2
  • Location: Ahmedabad, Gujarat
  • Delivery terms: option to increase/decrease quantity up to 25% of bid quantity; additional time calculated as (increased quantity ÷ original quantity) × original delivery period, with minimum 30 days; may extend to original delivery period
  • Delivery period basis: last date of original delivery order; extended periods trigger new calculation
  • BOQ: No items listed; no explicit technical specs provided
  • EMD/Estimated value: Not specified in the tender data
  • Standards/Compliance: Not specified

Terms, Conditions & Eligibility

  • Quantity variation: Purchaser may adjust quantity by up to 25% during contract; rates remain at contracted levels
  • Delivery schedule: Calculated per clause above; minimum extension is 30 days if original period is shorter
  • Submission requirements: Adherence to specified options and delivery terms; unspecified for payment terms, warranty, or penalties
  • Bid compliance: Bidders must comply with option clause and delivery provisions as stated
  • Other terms: No explicit EMD amount, warranty, or acceptance criteria provided in the available data

Key Specifications

  • Product: Currency Counting Machine (V2) – Q2

  • Location: Ahmedabad, Gujarat

  • Delivery terms include 25% quantity variation with adjusted delivery time formula

  • No explicit BOQ items or technical performance metrics provided

  • EMD amount not disclosed in available data; submission should assume standard bank tender EMD norms

Terms & Conditions

  • 25% quantity variation permitted during procurement and contract execution

  • Delivery period calculations based on last original delivery order date; minimum 30 days extension

  • Delivery extensions may extend to the original delivery period under option clause

Important Clauses

Payment Terms

Not specified in the provided data; bidders should anticipate standard bank terms and request explicit terms during bid submission

Delivery Schedule

Delivery period starts from last date of original delivery order; additional time calculated by ( Increased quantity ÷ Original quantity ) × Original delivery period, with minimum 30 days

Penalties/Liquidated Damages

Not specified in available data; verify during bid submission and seek explicit terms in the contract

Bidder Eligibility

  • Experience in supplying currency counting equipment or bank-grade electronics

  • Financial stability evidenced by recent audited statements

  • Compliance with bank tender documentation and OEM authorization requirements

Documents 2

GeM-Bidding-8540232.pdf

Main Document

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Mega Company Ltd

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar currency counting equipment supply

4

Financial statements / balance sheet (latest audited)

5

EMD/Security deposit documentation (as per bank tender norms)

6

Technical bid documents demonstrating product compatibility with Currency Counting Machine (V2) – Q2

7

OEM authorization / distributor authorization for Union Bank Of India equipment

8

Company profile and past project references in banking sector

Technical Results

S.No Seller Item Date Status
1ACCURATE SYSTEM   Under PMAMake : Le Rayon Model : LE RAYON BUNDLE NOTE COUNING MACHINE-FLOOR TYPE08-11-2025 17:31:59Qualified
2ALBERTSONS INTERNATIONAL PRIVATE LIMITED   Under PMAMake : ALBERTSONS Model : ANCM-0112-11-2025 16:54:06Qualified
3METHODEX SYSTEMS PRIVATE LIMITED   Under PMAMake : METHODEX Model : METHODEX HDCCM12-11-2025 12:22:50Qualified
4Raghuveer Enterprises   Under PMAMake : KORES EASYCOUNT Model : Kores Easy Count Kashman II (Floor Model)11-11-2025 16:00:05Qualified

Financial Results

Rank Seller Price Item
L1ALBERTSONS INTERNATIONAL PRIVATE LIMITED(MSE)( MSE Social Category:General )    Under PMA₹1,02,414Item Categories : Currency Counting Machine (V2)
L2ACCURATE SYSTEM   Under PMA₹1,03,930Item Categories : Currency Counting Machine (V2)
L3METHODEX SYSTEMS PRIVATE LIMITED   Under PMA₹1,07,077Item Categories : Currency Counting Machine (V2)
L4Raghuveer Enterprises   Under PMA₹1,48,730Item Categories : Currency Counting Machine (V2)

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about GUJARAT tender market

How to bid for currency counting machine tender in Ahmedabad 2025

Bidders should prepare GST registration, PAN, experience certificates, and financials; obtain OEM authorization if required; submit price bid for Currency Counting Machine (V2) – Q2; ensure compliance with the option clause allowing 25% quantity variation and understand delivery-time calculation from the last delivery order date.

What documents are required for Union Bank Of India currency counter bid

Required documents include GST certificate, PAN, audited financial statements, experience certificates for similar deployments, EMD documentation as per bank norms, OEM/distributor authorization, and technical bid demonstrating V2 – Q2 compatibility with bank standards.

What are the delivery terms for the V2 currency counter tender in Gujarat

Delivery terms allow up to 25% quantity variation. Additional time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum 30 days; delivery begins from the last date of the original delivery order and may extend to the original period.

What standards or certifications are required for the currency counter bid

The tender data does not specify standards; bidders should confirm ISI, ISO, or BIS certifications with the bank during bid submission and obtain OEM compliance for currency counting equipment used in banking operations.

When is the procurement window for the Union Bank currency counter

The start and end dates are not provided in the current data; bidders should monitor the official portal and contact the Union Bank Of India procurement desk for exact bid opening and submission deadlines.

How is EMD handled for the currency counting tender in Ahmedabad

The tender data omits the EMD amount; bidders must submit the standard EMD as per bank tender guidelines, and verify exact value, mode of payment, and validity with the bank during bid submission.

What are the eligibility criteria for currency counting machine supply

Eligibility includes demonstrated banking equipment supply experience, financial stability, GST/PAN, and OEM authorization; bidders should provide past project references for currency counters and ensure compliance with the bank’s terms for delivery and quantity variation.

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