Tender Title:
Selection of IBA approved Security Printers for End-to-End Printing and Supply of Security Items
Tender Reference Number:
GEM/2025/B/6132839
Issuing Authority:
Department of Financial Services, Ministry of Finance
The scope of work for this tender encompasses the selection of IBA (Indian Banks' Association) approved security printers for the end-to-end printing and supply of vital security items. These items include personalized cheque books, cheques in continuous form, special cheques, demand drafts, and common deposit receipts for Canara Bank. The objective is to ensure the provision of secure, high-quality printing services that adhere to industry standards while maintaining confidentiality and integrity throughout the process.
Eligibility Criteria
To participate in this tender, bidders must meet specific eligibility requirements set forth by the Department of Financial Services. These typically include being a registered entity with relevant experience in the security printing industry, capability to meet production and delivery timelines, and adherence to regulatory standards and practices. Bidders must demonstrate prior experience with similar contracts and be able to provide references if required.
Technical Requirements
The technical requirements for the tender highlight the necessity for the security printers to comply with the standards set by the IBA. This involves utilizing specialized equipment and technologies that ensure the highest quality of security printing. Bidders must provide detailed information regarding their printing technologies, security features implemented, and the capability to deliver a wide range of customized security items.
Financial Requirements
Bidders should be prepared to provide their financial documentation, which may include balance sheets, income statements, and other financial reports, to showcase their stability and ability to manage large contracts. Pricing models should be clear and transparent, with all costs associated with the production and supply of security items outlined for evaluation.
Document Submission Details
All submitted documents must adhere to the specified format and guidelines provided in the tender. Bidders are required to submit their proposals electronically, ensuring compliance with the established formats and requirements to facilitate smooth processing.
Special Provisions
There may be specific provisions for Micro, Small, and Medium Enterprises (MSEs) and startups, encouraging participation from these sectors by alleviating certain financial burdens like reduced fees or pre-qualification criteria.
Evaluation Process
The evaluation process will consider multiple factors, including technical capabilities, past performance, financial stability, and pricing. Bidders will be assessed on their ability to meet deliverable timelines and maintain quality standards throughout the contract.
Delivery Locations
The primary delivery location for the security items will be predetermined and communicated during the submission phase. Bidders should ensure they understand the logistical implications of delivering to these locations.
Contact Information
For any clarifications regarding the tender, bidders are encouraged to reach out through official channels provided in the tender documentation. The contact will typically involve department representatives who can provide guidance on the application process, criteria, and evaluation.
This tender offers an opportunity for qualified firms to engage in a high-value contract that contributes significantly to the security infrastructure of financial services. Interested parties are encouraged to thoroughly read all tender documentation to ensure full compliance and understanding of the expectations set forth by the Department of Financial Services.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
8 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (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 include being a registered entity within the security printing industry. Bidders must demonstrate experience in handling similar projects and must comply with regulatory standards outlined by the Indian Banks’ Association. Furthermore, bidders should provide evidence of their capability to meet production timelines and quality requirements.
Bidders must ensure compliance with the technical specifications established by the Indian Banks’ Association. This includes utilizing high-quality security printing technologies and features that guarantee the integrity and confidentiality of printed materials. A detailed proposal outlining the technologies used and security measures implemented is crucial for evaluation.
In this tender, bidders are typically required to submit an earnest money deposit (EMD), which serves as a security deposit. The payment terms should be clearly outlined in the tender documentation, including timelines for invoice submission and payment processing once the printing jobs are confirmed and executed satisfactorily.
The evaluation and selection process involves assessing all submitted bids based on technical merit, compliance with financial criteria, and pricing strategies. Bidders meeting minimum standards will be evaluated on their previous performance and ability to deliver on time. The process ensures a fair selection based on pre-defined criteria and capabilities.
The tender offers specific benefits for Micro, Small, and Medium Enterprises (MSEs), which may include relaxed eligibility criteria, reduced fees, and assistance in the registration process. Such provisions aim to foster inclusivity and encourage participation from smaller firms in fulfilling significant public sector contracts in the security printing domain.
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