Department of Economic Affairs Tender by Security Printing And Minting Corporation Of India Limited (spmcil) (GEM/2025/B/6069157)
Coin Blanks,Development and Pre-Production of Coin Blank - SPMCIL
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Tender Title: Development and Pre-Production of Coin Blank - SPMCIL
Tender Reference Number: GEM/2025/B/6069157
Issuing Authority: Department of Economic Affairs, Ministry of Finance
The Development and Pre-Production of Coin Blank tender is an initiative undertaken by the esteemed Department of Economic Affairs under the Ministry of Finance. This tender aims to solicit proposals from eligible vendors who have the capability and expertise to deliver high-quality coin blanks necessary for the minting of currency.
Scope of Work and Objectives
The primary objective of this tender is to engage a contractor that can successfully manufacture and deliver a total of 1079 coin blanks as specified in the tender documentation. The work will encompass research, development, and the pre-production processes, ensuring that the coin blanks meet the stringent industry standards for quality and security.
Eligibility Criteria
To qualify for this tender, potential bidders must meet certain eligibility criteria:
- Must be a registered entity.
- Should possess experience in similar projects related to coin manufacturing.
- Compliance with financial stability measures as outlined in the guidelines.
Technical Requirements
Bidders are required to demonstrate their capabilities with regard to the technical specifications of the coin blanks. This includes:
- Adherence to international quality standards for coin production.
- Proven methodologies for manufacturing durable coin blanks.
- Compliance with specific metallurgical requirements as specified in the documentation.
Financial Requirements
Vendors must also fulfill financial requirements such as:
- Providing a detailed financial proposal.
- Evidence of capacity to undertake the financial scale of the project.
Document Submission Details
All proposals must be submitted electronically via the specified online portal. Bidders are required to submit:
- Technical Proposal
- Financial Proposal
- Relevant certificates and compliance documents in acceptable formats (PDF, Word).
Special Provisions
Special provisions for Micro, Small, and Medium Enterprises (MSEs) and startups may be applicable under this tender initiative. MSEs are encouraged to apply, and benefits related to the procurement process could enhance their participation.
Evaluation Process
The evaluation process will consider both technical and financial proposals, predominantly emphasizing quality and compliance with the specifications laid out. The selection will be based on the most economically advantageous offer.
Delivery Locations
Successful bidders will be required to deliver the completed coin blanks to designated sites as specified in the tender documents.
Contact Information
For inquiries and further clarifications, bidders should refer to the official contact details provided in the tender documentation.
This comprehensive overview should assist businesses in understanding the essential elements of the GEM/2025/B/6069157 tender process for the Development and Pre-Production of Coin Blanks.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
6 DocumentsDocuments Required from Seller
- Experience Criteria
- Past Performance
- Bidder Turnover
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
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Frequently Asked Questions
The eligibility requirements include being a registered entity with prior experience in manufacturing coin blanks or similar products. Bidders must demonstrate financial stability and compliance with the specifications mentioned in the tender documentation.
To participate, bidders need to possess relevant industry certifications that assure quality compliance. This may include ISO certifications or any other recognized quality assurance certifications necessary for coin manufacturing.
Bidders must register through the designated online portal. The accepted document formats include PDF and Word formats for all submissions, including the technical and financial proposals.
An Earnest Money Deposit (EMD) is generally required to ensure that bidders remain committed to their proposals. The specifics, such as the amount and acceptable payment methods, can be found detailed within the tender documentation.
Yes, there are specific benefits for MSEs provided under this tender. Such provisions may include relaxed eligibility criteria and assistance in the documentation process to encourage participation from smaller enterprises in accordance with the Government’s initiatives to support growth in this sector.
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