Menu

Department of Financial Services Tender by Lic - Life Insurance Corporation Of India (GEM/2025/B/6160027)

electronic digital postal franking machine

Goods
Qty:4
Department of Financial Services Tender by Lic - Life Insurance Corporation Of India (GEM/2025/B/6160027)

Tender Timeline

Tender Issue
April 25, 2025 at 1:02 PM

Tender Title: Electronic Digital Postal Franking Machine

Reference Number: GEM/2025/B/6160027

The Department of Financial Services, under the Ministry of Finance, issues this tender for the procurement of electronic digital postal franking machines. This initiative is aimed at enhancing the operational efficiency of post offices across the country, ensuring that postal services are modern, efficient, and reliable.

Scope of Work and Objectives

The main objective of this tender is to solicit bids for the supply of 4 electronic digital postal franking machines. These machines are essential for streamlining the mailing process by enabling users to print postage directly on mail items or labels. Key functionalities expected include high-speed printing, user-friendly interfaces, and robust security features to prevent misuse.

Eligibility Criteria

Bidders must meet the following eligibility requirements:

  • The bidder should be a registered entity with legitimate credentials.
  • Previous experience in supplying similar electronic devices may be required to ensure a capable vendor base.
  • Compliance with any applicable statutory requirements.

Technical Requirements

The technical specifications for the electronic digital postal franking machines include:

  • Maximum printing speed of specified units per minute.
  • Capability to print various postal products including letters and packages.
  • Integration capacity with existing postal systems.
  • User-friendly software interface with multilingual support.

Financial Requirements

Bidders are required to provide transparent cost proposals that include all associated costs with the supply, installation, and any necessary training for staff.

Document Submission Details

All bids need to be submitted electronically, following the guidelines stipulated by the Department of Financial Services. Bid documents must be prepared in PDF format and should include all technical specifications, financial proposals, and the requisite compliance documentation.

Special Provisions

This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs), along with provisions in support of startups. Such bidders may receive preferential consideration in the evaluation process to foster growth and innovation in these sectors.

Evaluation Process

The evaluation of bids will be conducted based on technical merit along with financial viability. Bidders must demonstrate not only compliance with technical specifications but also the best value for money.

Delivery Locations

The electronic digital postal franking machines must be delivered to specified postal service locations as dictated by the Department of Financial Services.

Contact Information

For further details or inquiries, bidders are advised to contact the relevant officials at the Department of Financial Services directly through the channels provided in the official tender document.


General Information

Item Category
electronic digital postal franking machine (Q3)
Ministry Name

Financial Information

OEM Average Turnover
₹5.00 Lakh (s)
Minimum Turnover
₹1.00 Lakh (s)
Bid Offer Validity
90 (Days)
Past Performance
10 %
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
Inspection Required
Yes
Technical Clarifications Time
2 Days

Tender Documents

6 Documents
GeM-Bidding-7761807.pdfMain Document
GeM Category SpecificationGEM_CATEGORY_SPECIFICATION
Other DocumentsOTHER COMPLIANCE
Other DocumentsOTHER
Other DocumentsOTHER
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents Required from Seller

  • Experience Criteria
  • Past Performance
  • Bidder Turnover
  • OEM Authorization Certificate
  • OEM Annual Turnover *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

Frequently Asked Questions

The eligibility requirements for the tender include being a registered entity, demonstrating previous experience in the supply of similar electronic devices, and ensuring compliance with applicable statutory requirements. Bidders must provide evidence of registration, as well as industry certifications where necessary.

Tenderers must ensure that the technical specifications for the electronic digital postal franking machines include high-speed printing capabilities, support for various postal products, user-friendly interfaces, and compatibility with existing postal systems. The machines should also have robust security features to protect against misuse.

Bidders must submit all documents electronically via the designated online portal specified by the Department of Financial Services. Documents should be prepared in a PDF format and include all necessary technical and financial information as outlined in the tender requirements.

Bidders are expected to provide a clear financial proposal that outlines the total cost of supply, installation, and training. Payment terms will be detailed in the tender specifications, typically involving phased payments upon meeting established delivery and installation milestones.

Yes, the tender has special provisions for Micro, Small, and Medium Enterprises (MSEs). These benefits may include preferential consideration during evaluation, opportunities for capacity-building support, and a simplified registration process to encourage their participation in government tenders.

Probable Bidders

Companies likely to bid

Get Tender Alerts

Get notifications for similar tenders