Tender Title: Safe Cum Safe Deposit Locker System
Reference Number: GEM/2025/B/6094628
Issuing Authority/Department: Department of Financial Services, Ministry of Finance
The Safe Cum Safe Deposit Locker System tender aims to procure secure and reliable locker solutions for various financial operations. The streamlined objective of this tender is to enhance the safety features and operational efficiency of numerous financial institutions across the country. The scope of work includes the design, installation, and maintenance of a comprehensive safe and deposit locker solution, ensuring compliance with industry standards and safety regulations.
Scope of Work and Objectives
The selected vendor will be responsible for supplying and installing a state-of-the-art safe deposit locker system. The objectives include:
- Providing high-security locker systems designed to deter unauthorized access.
- Delivering solutions that can cater to different sizes and volumes based on the end-users' needs.
- Ensuring that the systems comply with applicable financial regulations and safety guidelines.
Eligibility Criteria
To be eligible for participation, bidders must meet certain criteria, including:
- Registration as a legally recognized entity in accordance with the law.
- Proven experience in providing similar solutions or products to banking or financial institutions.
- Submission of all required certifications and documents outlined in the tender documentation.
Technical Requirements
Bidders must provide systems that meet specified technical requirements:
- Lockers must have an industry-standard security rating.
- The design should allow for easy access and management.
- Provisions for customization to suit various customer needs must be available.
Financial Requirements
Bidders are required to provide financial documents that demonstrate their capability to engage in this tender, specifically:
- Evidence of financial stability.
- Previous project valuations that should showcase successful implementation of similar projects.
Document Submission Details
All tender documents must be submitted electronically to the designated portal before the submission deadline. Proper documentation includes:
- Technical and financial bids.
- Compliance documents and certificates.
- Any additional information as required per the tender guidelines.
Special Provisions
This tender includes provisions that benefit Micro, Small, and Medium Enterprises (MSEs) as well as startups. Bidders who are registered under relevant government schemes may be accorded additional preferences during the evaluation process.
Evaluation Process
The evaluation of the bids will follow a structured process where both technical capabilities and financial proposals will be assessed. Key aspects of this process include:
- Comprehensive analysis of submitted technical proposals to ensure alignment with safety, security, and operational requirements.
- Financial evaluations will focus on cost-effectiveness while ensuring quality standards.
Delivery Locations
Successful bidders will be responsible for delivering the locker systems across multiple locations classified under different jurisdictions defined by the Department of Financial Services.
Contact Information
For detailed inquiries or additional information regarding this tender, prospective bidders are encouraged to reach out directly to the Department of Financial Services through the official communication channels provided on the tender portal.
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 *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 include being a registered entity with the necessary legal status and credentials. Firms must demonstrate previous experience in delivering similar products or solutions within the banking or financing industry. Additional compliance certificates and relevant documents also need to be included during the submission process.
Bidders must meet strict technical specifications which include ensuring the locker systems have a recognized security rating appropriate for financial institutions. Lockers must also be accessible and customizable based on varied customer requirements, supporting both safety and operational efficiency.
The Earnest Money Deposit (EMD) is a mandatory requirement as part of the bidding process. Additionally, awarded bidders will be required to provide performance security to ensure adherence to the contractual obligations, safeguarding the interests of the Ministry of Finance.
Submissions will be evaluated based on a clear criterion focusing on both technical and financial qualities. Key timelines about the submission process and evaluation will be communicated through the official tender platform to ensure transparency and accountability throughout the process.
This tender actively promotes inclusivity by providing special benefits for Micro, Small, and Medium Enterprises (MSEs) and startups, including possible preferences during the evaluation stage. This aligns with the government’s ‘Make in India’ policies, encouraging localized manufacturing and procurement practices.
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