Introduction

The tender GEM/2025/B/6156757 is issued by the Ministry of Finance, under the Banking Sector category. This tender invites bids for the procurement of safes conforming to IS 550 standards. With a total quantity of 14 safes required, this document outlines the objectives, scope of work, eligibility criteria, technical and financial requirements, and details for the submission of documents.

Scope of Work and Objectives

The primary objective of this tender is to procure safes that meet stringent quality and performance criteria, ensuring security for banking transactions and sensitive documents. The scope of work includes:

• Supply and delivery of Safes (V2) as per IS 550.
• Adherence to the outlined technical specifications and quality standards.
• Timely delivery to designated locations as specified by the Ministry of Finance.

Eligibility Criteria

To qualify for this tender, bidders must fulfill certain eligibility requirements, which include:

• Being a registered legal entity capable of delivering safes according to the requirements.
• Previous experience in manufacturing and supplying safes or similar products.
• Compliance with all relevant regulatory and commercial laws.

Technical Requirements

Bidders must ensure that the safes provided meet the technical specifications as per IS 550. The specifications include:

• Material quality and durability standards.
• Dimensions and locking mechanisms as prescribed in IS 550.
• Required certifications ensuring compliance with safety and security regulations.

Financial Requirements

Bidders must submit the following financial documents as part of their proposal:

• Evidence of financial stability (e.g., balance sheets, bank statements).
• Detailed pricing for the safes, including any additional costs or discounts available.
• Submission of Earnest Money Deposit (EMD) as instructed in the tender document.

Document Submission Details

All bids and required documentation must be submitted through the official tender portal by the closing date. Bidders should ensure that:

• Submissions are complete and accurately filled out.
• Required documents are attached as per the specifications.
• Compliance with submission formats detailed by the Ministry.

Special Provisions

This tender includes special provisions for Micro, Small, and Medium Enterprises (MSEs). MSEs may have benefits in terms of relaxation of certain criteria. Furthermore, provisions aligned with the Make in India initiative are encouraged, emphasizing local production and procurement.

Evaluation Process

The evaluation of tenders shall be based on the following criteria:

• Compliance with technical specifications and quality standards.
• Financial proposal evaluation to ensure value for money.
• Assessment of bidder experience and capabilities in delivering the required safes.

Delivery Locations

The safes shall be delivered to specified banking institutions or government bodies as directed by the Ministry of Finance. Precise delivery locations will be communicated post-bid evaluation.

Contact Information

For further inquiries or assistance regarding this tender, please refer to the official contact channels available through the tender portal. Bidders are encouraged to seek clarifications to enhance their submission.