Tender Title: Supply, Printing & Personalization of 40 lakh EMV Chip based Contact & Contactless cards
Tender Reference Number: GEM/2025/B/6078413

Issuing Authority: Department of Financial Services, Ministry of Finance

The primary objective of this tender is to invite bids for the supply, printing, and personalization of 40 lakh EMV chip-based contact and contactless cards. This initiative aims to enhance secure transactions and modernize payment systems across various sectors. The cards will be critical in facilitating efficient and safe financial transactions for consumers.

Scope of Work

The awarded contractor will be responsible for the comprehensive process of producing, printing, and personalizing EMV chip-based cards. This encompasses design aspects, security features, and compliance with regulatory mandates. The cards must support both contact and contactless transactions, catering to the rising demand for convenience and security in payment systems.

Objectives

1. Deliver high-quality EMV chip cards.
2. Ensure swift processing and timely delivery of orders.
3. Align with global standards for transaction security.

Eligibility Criteria

To participate in this tender, bidders must meet the following eligibility requirements:

• Registered entities must demonstrate capability in card manufacturing.
• Relevant industry certifications showcasing compliance with technical specifications.
• Proven track record in delivering similar quantities and quality of products.

Technical Requirements

Bidders should ensure that the EMV chip cards comply with all necessary technical requirements, including:

• Adherence to PCI-DSS (Payment Card Industry Data Security Standards).
• Performance standards as specified by the leading financial authorities.
• Use of high-grade materials to ensure durability and functionality.

Financial Requirements

Bidders must provide a detailed financial proposal that includes:

• Competitive pricing per card for a total of 40 lakh units.
• Payment terms that align with standard operating procedures, ensuring both parties’ interests are protected.
• Submission of a performance security equivalent to a percentage of the total bid value is also mandatory.

Document Submission Details

Interested bidders must submit their documentation as stipulated in the tender guidelines. All submissions should be in electronic format.

• Documentation should be comprehensive, detailing all aspects of compliance and technical aptitude.
• Bidders must ensure that submissions are completed before the outlined deadlines.

Special Provisions

Provisions are available for Micro, Small, and Medium Enterprises (MSEs) and startups, offering incentives in the evaluation process to promote inclusivity and innovation in the supply chain.

Evaluation Process

The evaluation will follow a structured approach focusing on:

• Compliance with technical specifications.
• Financial viability and competitive pricing.
• Experience and ability to fulfill contractual obligations.

Delivery Locations

The selected vendor will be required to deliver the products to various specified locations outlined in the tender.

Contact Information

For any queries regarding the tender, bidders are encouraged to reach out to the Department of Financial Services through the official channels provided in the tender document.

The above details encapsulate the essence of the GEM/2025/B/6078413 tender, providing potential bidders clear and actionable insights into the expectations and requirements for successful proposal submission.