LIC Currency Counting Machine Tender Ahmedabad Gujarat V2 Compliance 2026
Lic - Life Insurance Corporation Of India
AHMEDABAD, GUJARAT
Posted:
21 January 2026
Closed:
31 January 2026
GEM
GEM
Gujarat Urja Vikas Nigam Limited Currency Counting Machine Tender Rajkot Gujarat 2026 ISI/AAA TRTL Standards
Progress
Issue26-May-2026, 5:56 pm
AwardPending
Quantity
1
Bid Type
Single Packet Bid
Key Highlights
- • Brand/OEM: Not specified in tender data
- • Technical standards: ISI/AAA/TRTL certifications referenced in product context
- • Warranty: Minimum free service during comprehensive warranty; details to be confirmed
- • Delivery clause: 25% quantity variation rights during contract
- • Installation/CMC: Service, installation and commissioning included
- • Eligibility: Experience in currency counting systems and government procurement context
- • Penalties: Not disclosed; follow standard LD terms if provided in buyer terms
- • Documentation: GST, PAN, experience certificates and OEM authorizations typically required
Categories
2
Tender Overview
The opportunity is a currency counting machine procurement under Gujarat Electricity Board (GEB) via Gujarat Urja Vikas Nigam Limited (GUVNL) in Rajkot, Gujarat. The scope covers a high-speed currency counting device with authenticating sensors, multiple counting modes, and interconnected communication ports. While the BOQ shows zero line items, the tender emphasizes comprehensive warranty, service, installation, and commissioning. The unique clause allows a 25% quantity fluctuation during contract execution, with delivery timelines tied to the original order. The buyer’s terms require compliance with vendor capabilities for rapid deployment in a government utility context.
Technical Specifications & Requirements
- Categories/Features: Display, counting mechanism type, foam/anti-jam type, note authentication sensors, counting speed (notes per minute), communication ports, salient features, and included accessories.
- Service/Warranty: Minimum free services during comprehensive warranty or ongoing CMC/AMC for the complete unit.
- Performance: Must support high-speed counting with integrated note validation, and compatibility with standard currency notes used by the Gujarat grid.
- Connectivity/Accessories: Provision for required cables, external interfaces, and any OEM accessories.
- Delivery/Installation: Scope includes installation and commissioning; ensure alignment with government procurement standards.
- Vendor Capabilities: Demonstrated experience in deployable currency counting systems and after-sales service.
Terms & Eligibility
- Quantity Flexibility: Purchaser may increase or decrease quantity up to 25% of bid quantity during procurement and contract currency.
- Delivery Timing: Delivery period linked to last date of original delivery order with additional time formula ((Increased quantity ÷ Original quantity) × Original delivery period) minimum 30 days.
- Compliance: Bidders must adhere to option clause and ensure timely delivery under extended periods if exercised.
- Location: Tender is issued for Rajkot, Gujarat with state utilities involvement.
- EMD & Documentation: EMD details and submission requirements are to be provided by the purchaser; bidders should prepare standard GST, PAN, and OEM authorizations as applicable.
Key Specifications
-
Currency counting machine with display and multiple counting modes
-
Note authentication sensors for anti-fraud verification
-
Counting speed rated in notes per minute
-
Multiple communication ports for data exchange
-
Minimum free services during comprehensive warranty/CMC/AMC
-
Includes installation and commissioning support
Terms & Conditions
-
Purchase quantity may vary by ±25% during contract
-
Delivery period begins after original order; extra time calculated per formula
-
All sections require installation, commissioning, and post-warranty support as applicable
Important Clauses
Payment Terms
Not specified in provided data; follow buyer terms and standard government procurement practices
Delivery Schedule
Delivery period commences from last date of original delivery order; extended time formula applies with minimum 30 days
Penalties/Liquidated Damages
Not disclosed; bidders should review buyer terms for LD provisions in final contract
Bidder Eligibility
-
Experience in supplying currency counting machines or similar banknote processing equipment
-
Capability to install, commission, and provide post-sales service in government projects
-
Compliant with GST and tax documentation; valid OEM authorization if required
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Currency Counting Machine (V2) (Q2)
Authority Records
ENERGY AND PETROCHEMICALS DEPARTMENT
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Documents 3
GeM-Bidding-9384292.pdf
Main Document
CATALOG-Specification-1
CATALOG Specification
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Tender Results
Loading results...
Technical Specifications
1 Item
Item #1 Details
View Catalog| Category | Specification | Requirement |
|---|---|---|
| Features and Performance | Display | LCD/LED/Digital Display |
| Features and Performance | Type of Counting Mechanisms | Loose Currency |
| Features and Performance | Foam Factor/Type | Desktop/Table Top-Type |
| Features and Performance | Additional Sensors for Note Authentication of the Machine | CIS (Contact Image Scanner), UV (Ultra-Violet Light/Fluorescent Scanner), MG (Magnetic Scanner), IR (Infra Red Scanner) |
| Features and Performance | Counting speed, (Number of Currency Notes/Minutes) | Upto 1000 |
| Features and Performance | Communication Ports | USB, RS-232 (Serial Port) |
| Features and Performance | Salient Features | Capable of Counting Currency Notes only, Capable of Counting and Totalling Single Denominations Currency Notes, Capable of Counting and Totalling Multi Denominations Currency Notes in single operation, Capable of Counting and Totalling Single Denominations Currency Notes and detecting physical condition, authenticity and to remove unfit note with manual intervention, Capable of Counting and Totalling Multiple Denominations Currency Notes in single operation and detecting physical condition, authenticity and to remove unfit note with manual intervention |
| Features and Performance | Additional Accessories | Additional Display |
| Service, Warranty, Installation and Commissioning | Minimum Free Services during Comprehensive warranty / CMC / AMC for complete unit | 2 nos. per year, 4 nos. per year, 6 nos. per year |
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Historical Data
Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Experience certificates for prior currency counting system deployments
4
Financial statements or turnover evidence
5
EMD/Security deposit documentation (as applicable by buyer)
6
Technical bid/documentation demonstrating compliance with features
7
OEM authorization or manufacturer-provided credentials
Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid for currency counting machine tender in Rajkot
Bidders must submit GST registration, PAN, experience certificates, financial statements, EMD documents, OEM authorizations, and technical bid detailing counting speed, sensors, display, and communication ports. Ensure installation/commissioning capability and warranty expectations align with government procurement terms.
What documents are required for currency counter bid in Gujarat
Required documents include GST certificate, PAN card, company financials, experience certificates for similar deployments, OEM authorization if needed, and technical bid showing compliance with display, counting mechanism, sensors, and data ports. EMD proof should be provided if requested by buyer.
What are the technical specifications for currency counting machines in this tender
Specification scope includes a display, counting mechanism type, foam/anti-jam type, note authentication sensors, counting speed (notes per minute), and multiple communication ports. The unit should include minimum free services during comprehensive warranty or AMC and cover installation and commissioning.
What is the delivery timeline for currency counting equipment in Rajkot
Delivery period begins after the original delivery order date. If quantity increases, extended time is ((Increased quantity ÷ Original quantity) × Original delivery period) with a minimum of 30 days. Ensure readiness for rapid deployment to Gujarat utility needs.
What are the EMD and financial requirements for this procurement
EMD details are not disclosed in the data provided. Bidders should anticipate standard EMD mechanisms per government tender practice, along with GST and financial statements proving turnover and liquidity to support bid submission.
What installation and after-sales support are expected for this currency counter
Tender requires installation and commissioning support, along with minimum free services during comprehensive warranty or ongoing CMC/AMC for the complete unit. Post-warranty service capability should cover parts, on-site maintenance, and remote troubleshooting where feasible.
How to verify compliance with sensors and authentication in this tender
Provide detailed technical specs for built-in note authentication sensors, anti-fraud features, and compatibility with local currency variants. Supply test results or certificates demonstrating sensor accuracy and reliability during high-volume counting scenarios.
Which standards or certifications are expected for the currency counter
The tender references standard-compliant features; bidders should submit product documentation showing ISI/AAA/TRTL-related compliance and any applicable certification marks. Include warranty terms and evidence of factory calibration and performance testing.
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Documents 3
GeM-Bidding-9384292.pdf
Main Document
CATALOG-Specification-1
CATALOG Specification
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS