Punjab National Bank Note Sorting Machines (V2) Tender India 2026 - ISO 9001 BIS Type Test and Installation
Punjab National Bank
GURDASPUR, PUNJAB
Posted:
7 January 2026
Closed:
17 January 2026
GEM
GEM
Uco Bank Note Sorting Machines Tender Bidding 2026 Rajasthan - V2 Sorting Machine Standards, 25% Quantity Option, Warranty 3 Days
Progress
Issue16-Apr-2026, 11:01 am
Technical18-04-2026 15:26:38
Financial
AwardCompleted
Quantity
2
Bid Type
Two Packet Bid
Categories
1
Tender Overview
The procurement is issued by Uco Bank under the Department of Financial Services, for a Note Sorting Machines (V2) (Q2) category. The contract scope includes Supply, Installation, Testing and Commissioning (SITC) of note sorting machinery. The tender specifies a flexible quantity clause allowing a ±25% variation at contract award and during the contract period, with delivery adjustments based on the original delivery timeframe. A primary differentiator is the explicit requirement for SITC services and compliance with overall warranty and post-delivery support terms. The opportunity targets suppliers capable of meeting both technical and financial eligibility criteria, and who can deliver within the extended delivery framework implied by the option clause. Unique terms emphasize delivery scheduling aligned to the last delivery order date and potential quantity adjustments with contracted rates.
Technical Specifications & Requirements
- Product: Note Sorting Machine (V2) with features including: detection technology, display, stacker/reject stacker configuration, and minimum hopper capacity per currency notes.
- Key capacities and performance: minimum per-stacker capacity (including reject), total stackers, and sorting mode features; expected processing speed in notes per minute; inclusion of additional accessories and test certifications.
- Compliance expectations: availability of machine test certifications and buyer-specific requirements; baseline for governance specifications; general category of refurbishment or new build is not stated. The scope requires complete SITC with installation and commissioning.
Terms, Conditions & Eligibility
- Tender includes an option clause: ±25% quantity variation during contract; delivery calculations based on original/extended periods with minimum 30 days.
- Financial turnover requirement applies for last three years ending 31st March; evidence via audited balance sheets or CA/Cost Accountant certificate.
- Warranty obligations: 3-day response window for defect rectification after notification; penalties 0.5% of unit price per week of delay, up to 10% of total contract value; failure may lead to PBG forfeiture and alternative sourcing.
- Scope mandates SITC with all associated costs included in bid price.
Key Specifications
-
Category: Note Sorting Machine (V2)
-
Features: detection technology, display, stacker/reject stacker configuration, sorting mode, processing speed (notes/min)
-
Minimum hopper capacity and per-stacker capacity (including reject stacker)
-
Additional accessories and buyer-specific requirements
-
Availability of test certifications for the machine
Terms & Conditions
-
Option clause allows ±25% quantity variation with revised delivery periods
-
Three-year turnover requirement with audited or CA/Cost Accountant certificate
-
Warranty: 3-day service/rectification window; 0.5% weekly delay penalty; 10% cap; possible PBG forfeiture
Important Clauses
Payment Terms
Not specified in provided data; standard government practice may include milestone payments tied to SITC progress and acceptance tests.
Delivery Schedule
Delivery period linked to original delivery order date; option clause may extend; minimum 30 days for additional time calculations.
Penalties/Liquidated Damages
Penalty of 0.5% of unit price per week of delay; cumulative penalty capped at 10% of total contract value; possible alternative sourcing with PBG forfeiture.
Bidder Eligibility
-
Minimum average annual turnover as per last three financial years ending 31st March
-
Evidence via audited balance sheets or CA/Cost Accountant certificate
-
Experience in Supply, Installation, Testing and Commissioning of note sorting or similar machines
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Note Sorting Machines (V2) (Q2)
Authority Records
MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTUNITED COMMERCIAL BANK BANK
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Bid Preparation
GeM Registration
Document Filing
Free consultation · 24h response
Documents 5
GeM-Bidding-9218947.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
CATALOG-Specification-1
CATALOG Specification
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Past Similar Tenders
(Historical Results)
5 found
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Posted:
9 January 2026
Closed:
12 January 2026
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Note Sorting Machines (V2)
Punjab And Sind Bank
AGRA, UTTAR PRADESH
Posted:
19 March 2026
Closed:
25 March 2026
GEM
Tender Results
Loading results...
Technical Specifications
1 Item
Item #1 Details
View Catalog| Category | Specification | Requirement |
|---|---|---|
| Generic | Description and Purpose of Machine | A note sorting machine, or currency sorting machine, is a machine that sorts and counts notes with high efficiency and accuracy. These machines can sort notes based on denomination, authenticity, condition, and various other criteria. |
| Generic | Construction | The note sorting machine will feature an aesthetically pleasing design and robust construction, ensuring it remains stable and undistorted during operation. All rotating and moving parts will operate smoothly and securely. Key components of the note sorting machine include an appropriate motor, various sensors such as UV, Twin CIS and others as desired in the machine etc with some gear, belts, housing, and output stackers/pockets depending upon the size of the machine for sorted notes and rejected notes. The machine is equipped with necessary safety devices to prevent accidents during use. |
| Generic | Governing Specifications | Generally Confirming to IS 18663 |
| Features and Performance | Detection Technology | Twin CIS (Contact Image Scanner)/Coloured Twin CIS (Contact Image Scanner) +UV (Ultra-Violet Light/Fluorescent Scanner) + IR (Infra Red Scanner) + MG (Magnetic Sensor) + Thickness Sensor |
| Features and Performance | Display | Touch Screen LCD/LED |
| Features and Performance | Number of Stackers / Machine Configuration (Stacker+Reject Stacker) | 4+1 |
| Features and Performance | Minimum Hopper/Feeding Capacity (Minimum Number of Currency Notes) | 2000 |
| Features and Performance | Minimum Each Stacker Capacity expect Reject Stacker (Minimum Number of Currency Notes) | 500 |
| Features and Performance | Minimum Each Reject Stacker Capacity (Minimum Number of Currency Notes) | 500 |
| Features and Performance | Mode / Type of Sorting | Single Mode / First Note Recognition Sorting, Mixed Mode / Denomination Sorting, Fitness Mode / Sorting, Counting Mode |
| Features and Performance | Sorting Features | Orientation Sorting, Batching Arrangement, Face Sorting, Fake Note Detection, Serial Number Search |
| Features and Performance | Processing Speed (Authentication/Fitness Sorting with Serial Number Processing) (Number of Currency Notes/Minutes) | Minimum 1200 Notes per Minute Or higher |
| Features and Performance | Additional Features of the Machine | Record Serial Number of the Processed Currency Notes, Identification of Currency Notes issued prior to 2005, Strapping / Bundling of Currency Notes, Supporting Communication with commonly available Operating Systems Windows/ Linux/ IOS etc. |
| Features and Performance | Additional Accessories | Additional Display, Printer |
| Buyer Specific Requirements | Other requirements | As per buyer added ATC/ASOW if any (The ATC/ASOW/additional requirement shall be complement to the existing Category specifications. Any stipulation which are directly contradictory to the category specifications be considered as null and void. Any bid having contradictory specifications/ATC will be liable to cancelled) |
| Buyer Specific Requirements | Available Test Certifications of the Machine | Speed Test Certificate, Consistency/ Repeatability Test Certificate, Stress Test Certificate |
Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Audited financial statements for last three years or CA/Cost Accountant turnover certificate
4
Technical bid response confirming compliance with machine specifications
5
OEM authorization/authorizations for the Note Sorting Machine (V2)
6
Evidence of prior SITC experience for similar equipment
7
Bid security/EMD as applicable
8
Past performance and warranty fulfillment records
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | CHANDRA ENTERPRISES. Under PMA | Make : glory Model : UW F4ND5 | 18-04-2026 15:26:38 | |
| 2 | MICROCOUNTS INFO SYSTEM PRIVATE LIMITED Under PMA | Make : glory Model : UW F4ND5 | 18-04-2026 16:30:06 | |
| 3 | MUDRAKSHI HYTECH INDIA PRIVATE LIMITED Under PMA | Make : kISAN Model : INS 1000-42 | 20-04-2026 10:39:28 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | MUDRAKSHI HYTECH INDIA PRIVATE LIMITED Under PMA | Item Categories : Note Sorting Machines (V2) | |
| L2 | CHANDRA ENTERPRISES.( MSE Social Category:General ) Under PMA | Item Categories : Note Sorting Machines (V2) | |
| L3 | MICROCOUNTS INFO SYSTEM PRIVATE LIMITED( MSE Social Category:OBC ) Under PMA | Item Categories : Note Sorting Machines (V2) |
Frequently Asked Questions
Key insights about BIHAR tender market
How to bid for the Note Sorting Machine tender in Rajasthan 2026?
Bidders must submit GST, PAN, turnover proofs for last three years, and experience certificates for SITC of note sorting machines. Include OEM authorizations, EMD, and technical bid aligned to the V2 specifications. Follow terms of the 25% quantity option and confirm delivery timelines.
What documents are required for the Uco Bank machine tender in India?
Required documents include GST certificate, PAN, audited financials or CA turnover certificate for three years, technical bid for the V2 sorter, OEM authorization, EMD documents, and proof of prior SITC experience in bank-grade equipment.
What are the key technical standards for the note sorting machine tender?
Key standards include detection technology capabilities, stacker/reject stacker configurations, minimum hopper and per-stacker capacities, and processing speed. The tender requires machine with test certifications; ensure compliance with buyer-specified performance features.
When is the delivery deadline for the Note Sorting Machine contract?
Delivery timing follows the original delivery order date with potential extensions under the option clause; if extended, the additional time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum 30 days.
What are the warranty and penalty terms for the supplier?
Warranty requires defect rectification within 3 days of notification. Delays incur a penalty of 0.5% of unit price per week, up to a 10% contract cap; after which the buyer may source from alternatives with PBG forfeiture.
What is required for turnover eligibility in this procurement?
Bidder must demonstrate minimum average annual turnover over the last three years ending 31st March via audited balance sheets or CA/Cost Accountant certificate; new entities use completed years for turnover calculation.
How does the quantity option affect delivery for the bank machine?
The purchaser may increase or decrease quantity by up to 25% during contract, at contracted rates; delivery extends from the last date of the original delivery order with a minimum 30 days additional time, calculated per clause.
What is included in the SITC scope for the Note Sorting Machine?
Bid price must cover Supply, Installation, Testing and Commissioning (SITC) of the Note Sorting Machine (V2), along with any required accessories and post-installation testing as per tender terms.
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Documents 5
GeM-Bidding-9218947.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
CATALOG-Specification-1
CATALOG Specification
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS