Department of Financial Services Tender by Punjab National Bank (pnb) (GEM/2025/B/6162231)
Gold purity testing meter/ Karat meter
Tender Timeline
Tender Title: Gold Purity Testing Meter/Karat Meter
Reference Number: GEM/2025/B/6162231
Issuing Authority: Department of Financial Services, Ministry of Finance
The Government of India is inviting tenders for the Gold Purity Testing Meter/Karat Meter to enhance the precision and reliability of gold testing processes. This procurement aims to provide critical tools that will support various institutions in verifying the purity of gold, thus safeguarding consumer interests and ensuring compliance with national standards.
Scope of Work and Objectives
The primary objective of this tender is to procure Gold Purity Testing Meters that will be utilized in various financial institutions and testing centers across the country. The selected vendors will be responsible for supplying a total of seven units of advanced karat testing devices that meet industry standards and specifications. The devices should provide quick and accurate measurements of gold purity levels in various samples.
Eligibility Criteria
To be eligible for this tender, bidders must meet the following criteria:
- Must be a registered and recognized entity under Indian laws.
- Should possess valid licenses and certifications relevant to the manufacturing or supplying of electronic testing instruments.
- Previous experience in similar contracts will be a distinct advantage.
- Financial stability and reliability will be assessed through supporting documents.
Technical Requirements
Bidders must ensure that the Gold Purity Testing Meters comply with the following technical specifications:
- Must operate with minimal error margins.
- Should provide real-time purity readings in karats.
- Incorporate robust user interfaces to facilitate ease of use.
- Must include calibration standards verified by relevant testing authorities.
Financial Requirements
All bidders are required to submit a comprehensive financial proposal that includes:
- Quotation for the Gold Purity Testing Meters.
- Applicable taxes and shipping costs.
- Details on payment terms and methods.
Document Submission Details
Bidders are required to submit the following documents along with their proposals:
- Completed tender application form.
- Technical and financial proposals in a sealed envelope.
- Copy of registration certificates and any other essential documents proving compliance with eligibility criteria.
Special Provisions
Micro, Small, and Medium Enterprises (MSEs) and startups may receive special concessions regarding processing fees and evaluation criteria. MSEs must submit the relevant documents to avail of these benefits.
Evaluation Process
Tender submissions will be evaluated based on:
- Compliance with technical specifications.
- Price competitiveness.
- Delivery timelines outlined in the proposal.
- Past performance history of the bidders.
Delivery Locations
The supplies should be delivered to designated centers as specified by the Department of Financial Services. The delivery schedule should align with the project’s operational timelines.
Contact Information
For any inquiries related to this tender, vendors may reach out to the contact point provided by the Department of Financial Services during the official communication window.
This tender represents an opportunity for qualified entities to contribute to national interests in gold quality assurance. Bidders are encouraged to ensure thorough compliance with all requirements to enhance their chances of successful procurement.
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) *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 to participate in this tender encompass being a registered entity recognized under Indian law, holding valid licenses related to the manufacturing or supply of electronic instruments, and demonstrating previous working experience in procurement contracts of a similar nature. Additionally, bidders will need to submit financial documentation reflecting their stability and reliability.
To comply with the tender requirements, bidders must provide a copy of registration certificates, along with any relevant certifications that validate their capabilities in manufacturing and supplying testing instruments. These documents form part of the technical proposal and should clearly outline the firm’s compliance with industry standards.
All documents necessary for this tender should be submitted as part of a technical and financial proposal, contained within a sealed envelope marked clearly with the tender reference number. It is essential to ensure that all required documents, including the completed tender application form, are submitted before the stipulated deadline to avoid disqualification.
Bidders should be prepared to provide a performance security deposit as part of their financial proposal. This security typically serves to ensure compliance with the contract terms upon award and is refundable post satisfactory completion of the contract. Details concerning the deposit amount and terms can typically be found in the tender documents.
Micro, Small, and Medium Enterprises (MSEs) are provided with specific benefits in this tendering process. These may include reduced application fees, prioritized evaluation criteria, and concessions during the document submission phase. Eligible MSEs must attach their MSE registration certificate along with their proposal to avail these advantages.
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