State Bank Of India Cash In Transit Service Tender Nagapattinam Tamil Nadu 2026 – Air‑Conditioned Vehicles, Driver
Bid Publish Date
31-Jul-2026, 8:34 pm
Bid End Date
31-Aug-2026, 4:00 pm
EMD
₹25,000
Value
₹18,00,000
Location
Progress
Tender Overview
The State Bank Of India (Department Of Financial Services) invites bids for a Cash In Transit service in Nagapattinam, Tamil Nadu 609001. The contract covers air‑conditioned CIT vehicles with drivers, totaling 4 units, to secure cash movement for SBI operations. Estimated contract value is ₹18,00,000, with an EMD of ₹25,000. The tender includes a 25% scope variation option at bid/contract issue, requiring bidders to accept revised quantity or duration. This opportunity targets service providers capable of providing compliant security transport with trained personnel.
Technical Specifications & Requirements
- Service category: Cash In Transit (CIT) with driver support
- Vehicle/operational requirement: air‑conditioned CIT vehicles
- Quantity: 4 vehicles (and corresponding drivers) as part of the contract
- Estimated contract value: ₹18,00,000; EMD: ₹25,000
- Variation clause: buyer may adjust contract quantity/duration up to 25%; post‑award, scope adjustments capped at 25% with supplier consent
- No BOQ items specified; no explicit technical standards listed; compliance with standard security transport practices expected
- Location: Nagapattinam, Tamil Nadu; procurement aligns with SBI travel/transport security needs
- Key differentiator: SBI procurement requires reliable, trained security transport with prompt service delivery
Terms, Conditions & Eligibility
- EMD: ₹25,000 to be deposited as per terms
- Variation: up to 25% change in quantity or duration (pre/post award) with consent
- Payment terms: not specified in available data; typical government tender practice applies
- Documents: standard bidder submissions (GST, PAN, experience, financials, EMD proof, OEM authorizations if any)
- Delivery/Performance: no explicit delivery schedule provided; bidders should plan for secure, on‑demand CIT services
- Compliance: no listed product standards; bidders must demonstrate security transport capability and driver availability
Key Specifications
-
Service type: Cash In Transit with driver
-
Vehicle type: air‑conditioned transport for cash movement
-
Quantity: 4 CIT vehicles
-
Estimated contract value: ₹18,00,000
-
EMD amount: ₹25,000
-
Variation clause: ±25% quantity/duration with consent
-
No BOQ items or explicit technical standards provided
Terms & Conditions
-
EMD of ₹25,000 required with bid submission
-
Variation up to 25% allowed at issue of contract
-
Delivery timeline not specified; bidders must ensure reliable CIT service
Important Clauses
Payment Terms
No explicit payment timeline provided; standard procurement terms likely apply; bidders should verify late payment norms during bid finalization
Delivery Schedule
No concrete delivery schedule published; bidders should propose mobilization for 4 CIT vehicles with drivers per contract requirements
Penalties/Liquidated Damages
Not specified in available data; bidders must review contract terms for performance bonds or LD provisions during bid stage
Bidder Eligibility
-
Experience in delivering Cash In Transit services or equivalent security transport
-
Ability to provide 4 air‑conditioned CIT vehicles with drivers
-
Comply with EMD submission of ₹25,000 and required bid documents
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
3 Days
Preference & Exemptions
EMD Required
Yes
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
22
Experience Required
2 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Cash In Transit Service - 2500; driver; Not Applicable; Air Conditioned; 4; 4
Advisory Bank
State Bank of India
ePBG Percentage
5%
ePBG Duration (Months)
36
Payment Timelines
Payments shall be made to the Seller within 10 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Nagapattinam
Delivery Pincodes
611001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| RBO 5 NAGAPATTINAM | 611001,REGIONAL BUSINESS OFFICE, NAGAPATTINAM, NO.9 NEELA SOUTH STREET, FIRST FLOOR, NAGAPATTINAM - 611001 | Nagapattinam | Tamil Nadu | 611001 | 1 | - | Average working Hours per day : 9 Estimated number of Month during Contract Period : 36 |
Authority Records
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Documents 4
GeM-Bidding-9693165.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar Cash In Transit services
Financial statements of the bidder (audited if available)
EMD deposit proof (₹25,000)
Technical bid documents confirming CIT capability
OEM authorizations or vehicle/driver credibility documents (if applicable)
Frequently Asked Questions
Key insights about TAMIL NADU tender market
How to bid for the SBI cash in transit tender in Nagapattinam Tamil Nadu 2026?
Bidders must submit GST, PAN, experience certificates, financial statements, and EMD ₹25,000 along with technical bids. Ensure vehicle capability for 4 air‑conditioned CIT units and drivers. A 25% variation clause may apply; confirm contract specifics and verify required OEM authorizations if applicable.
What documents are required for SBI cash in transit tender in Tamil Nadu?
Required documents include GST certificate, PAN card, bidder experience records for similar CIT work, financial statements, EMD proof of ₹25,000, and technical bid detailing CIT capability. OEM authorizations or driver certifications should be provided if demanded by SBI procurement terms.
What are the technical requirements for SBI cash in transit vehicles tender 2026?
Specifications specify 4 air‑conditioned CIT vehicles with drivers; no further standards listed. Bidders should demonstrate security transport capability, vehicle reliability, driver background checks, and compliance with SBI security practices, while ensuring timely mobilization of 4 units as part of the contract.
When is the EMD submission for the SBI Nagapattinam CIT bid due?
EMD amount is ₹25,000; submission timing aligns with bid opening as per SBI procurement schedule. Verify exact date and acceptable payment method (online/DD) with the bidding portal or SBI tender guidelines during bid submission.
What are the payment terms for the SBI cash in transit service contract?
Specific payment terms are not stated in the available data. Bidders should expect standard government practice to confirm payment milestones, invoicing, and settlement timelines in the final contract, and ensure cash movement charges align with the ₹18,00,000 estimated value.
What is the 25% variation clause in SBI CIT tender terms?
The buyer can increase or decrease contract quantity or duration by up to 25% at contract issue; after award, adjustments remain capped at 25% with the supplier’s consent. Bidders should plan for scalability in fleet and staffing accordingly.