Department of Financial Services Tender by State Bank Of India (sbi) (GEM/2025/B/6119989)
Electric Traction Lifts

Tender Timeline
Tender Title: Electric Traction Lifts
Tender Reference Number: GEM/2025/B/6119989
Issuing Authority/Department: Department of Financial Services, Ministry of Finance
Scope of Work and Objectives
The primary objective of this tender is to procure Electric Traction Lifts aimed at enhancing efficiency and accessibility in various operational environments. The selected vendor will be responsible for providing high-quality lifts that meet the specified performance, safety, and technical standards necessary for installations in diverse infrastructure settings.
Eligibility Criteria
To qualify for this tender, bidders must be a registered entity, having a valid license to supply, install, and maintain lifts. Furthermore, the bidders should demonstrate prior experience in similar projects, meeting the required performance benchmarks, and must possess all necessary certifications according to local and national regulations.
Technical Requirements
The technical requirements for the Electric Traction Lifts include specifications related to load capacity, height of travel, control mechanisms, energy efficiency, safety features, and adherence to local codes. Bidders are required to provide detailed technical documents that outline compliance with performance and safety standards.
Financial Requirements
Interested parties must submit a bid that demonstrates competitive pricing alongside a clear breakdown of cost components including installation, maintenance, and any applicable warranties. Financial documentation including balance sheets and proof of previous business transactions related to lift production or installation should also be included.
Document Submission Details
Bidders must submit all required documentation electronically, ensuring that submissions are in a format compliant with the specifications provided within the tender documentation. All bids must be submitted by the specified deadline as indicated in the tender lifecycle communications.
Special Provisions
This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and incorporates provisions designed to foster startup participation, ensuring a favorable procurement process for smaller firms. This aligns with the government's objectives towards promoting entrepreneurship and local content in capital projects.
Evaluation Process
The evaluation of submitted bids will hinge on factors such as conformity to technical specifications, adherence to quality standards, compliance with financial stipulations, and overall cost-effectiveness. The evaluation committee will thoroughly assess technical proposals before deciding based on best value for the investment ensuring transparency and fairness in the selection process.
Delivery Locations
The delivery of the Electric Traction Lifts is required at designated project sites as specified in subsequent communication. Bidders are expected to account for logistics and transportation considerations in their proposals.
Contact Information
For further inquiries related to this tender, interested bidders are encouraged to contact the Department of Financial Services. Specific contact details can be acquired via official channels to avoid any misinformation.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
7 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)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (Requested in ATC)
- Compliance of BoQ specification and supporting document *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 entail that bidders must be a registered entity with full compliance to local laws and regulations. This includes having relevant certifications for supplying and installing Electric Traction Lifts, as well as prior experience in the field. Bidders need to provide documented proof of past projects that align with the required technical specifications to qualify.
To participate in this tender, bidders must provide a suite of valid certificates demonstrating compliance with safety and performance standards for Electric Traction Lifts. This includes necessary registration certificates, quality assurance certifications, and any applicable licenses as per the local regulatory framework. These certifications ensure that the lift installations meet rigorous quality standards.
Vendors wishing to register for this tender can do so by visiting the official procurement portal where they can create an account and complete the registration process. Detailed guidelines on the required documentation, including technical specifications and financial statements, are available on the portal. It is important to ensure that all document formats comply with the tender requirements.
The Earnest Money Deposit (EMD) is a security measure required from bidders to confirm their intention to submit valid bids for this tender. The specific amount and payment methods for the EMD will be communicated through the tender documentation. Bidders should ensure compliance with the payment terms outlined to secure their participation in the evaluation process.
Yes, this tender includes provisions aimed specifically at supporting Micro, Small, and Medium Enterprises (MSEs). MSEs can benefit from streamlined processes in qualifications, relaxed compliance requirements, and potential price advantages. This initiative aligns with government support for local businesses and the Make in India initiative, allowing MSEs to compete effectively in the procurement landscape.
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