Department of Financial Services Tender by Bank Of Baroda (GEM/2025/B/6141290)
Safes (V2) as per IS 550
Tender Timeline
Tender Title: Supply of Safes (V2) as per IS 550
Tender Reference Number: GEM/2025/B/6141290
Issuing Authority/Department: Department of Financial Services, Ministry of Finance
The tender for the Supply of Safes (V2) as per IS 550 invites bids from eligible vendors for the procurement of high-quality safes designed in compliance with IS 550 standards. This initiative is aimed at enhancing the security measures for financial institutions and related entities across the nation.
Scope of Work and Objectives
The primary objective of this tender is to supply a specific quantity of safes that adhere to the IS 550 specifications, ensuring optimal protection and reliability for storing valuable assets. The awarded vendor will be responsible for the timely delivery, installation, and any necessary post-sale support.
Eligibility Criteria
To qualify for participation in this tender, bidders must be registered entities with a valid certification. This includes having an operational presence that reflects the capability to meet the technical requirements.
Technical Requirements
Vendors must demonstrate compliance with the following technical specifications:
- Safes must be produced as per the IS 550 standards for security and durability.
- Design specifications should be clearly documented, showcasing the safety measures and features.
- The supplier should have prior experience in manufacturing or supplying safes within similar government contracts.
Financial Requirements
Bidders are required to provide detailed financial documents that showcase their stability and capability to fulfill the contract. A valid Earnest Money Deposit (EMD) must also be submitted along with the bid. Details of the required amount and submission terms will be listed in the tender documents.
Document Submission Details
All proposals, including technical and financial documents, must be submitted electronically through the designated portal. Bidders should ensure that all documents are in the accepted formats as prompted by the system; typically including PDF or other specified formats.
Special Provisions
This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups. Eligible MSEs may receive benefits that facilitate their participation in government tenders, including relaxed eligibility criteria or financial assistance.
Evaluation Process
The evaluation of bids will be carried out based on predetermined metrics, including technical compliance, financial stability, and the bidder’s past performance. Priority may be given to local vendors adhering to government procurement policies, promoting 'Make in India' initiatives.
Delivery Locations
Products will be delivered to designated financial institutions and government departments as specified within the tender documentation. Vendors must be prepared to coordinate logistics and ensure timely delivery.
Contact Information
Bidders may not find explicit contact details facilitated in this document. It is advised to refer to the official government portal for further assistance or inquiries pertaining to this tender.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments Required from Seller
- Experience Criteria
- Past Performance
- Bidder Turnover
- Certificate (Requested in ATC)
- OEM Authorization Certificate
- OEM Annual Turnover
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (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 for this tender include being a registered entity capable of meeting the outlined specifications. Bidders must possess valid certifications that reflect their expertise in manufacturing or supplying safes conforming to IS 550 standards. It is imperative to provide past experiences and relevant documentation that supports eligibility for this government contract.
Bidders are typically required to hold certifications that affirm their compliance with relevant quality standards and regulations. These might include IS 550 compliance certificates for safes, as well as any applicable ISO certifications. Ensuring that all required certificates are included with the proposal will facilitate a smoother evaluation process.
The submission process mandates that all bids be submitted electronically through the designated government portal. Bidders should ensure that they comply with the specified document formats, primarily PDF or otherwise dictated in the tender documentation. Additionally, confirming the completeness of submitted files is crucial for meeting tender requirements.
An Earnest Money Deposit (EMD) is required and must be included with the bid submission. This serves as a guarantee of the bidder’s seriousness. Payment terms will typically be outlined in the tender documents and may include milestone payments based on successful delivery and installation of the safes, adhering to the quality and compliance standards set forth.
Yes, there are specific benefits for Micro, Small, and Medium Enterprises (MSEs) within this tender. These provisions may include relaxed eligibility criteria, potential financial assistance, and incentives aimed at enhancing the participation of MSEs, effectively promoting their capabilities in securing government contracts and furthering local economic growth.
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