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Department of Financial Services Tender by Bank Of Baroda (GEM/2025/B/6146023)

Safes (V2) as per IS 550

Goods
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Department of Financial Services Tender by Bank Of Baroda (GEM/2025/B/6146023)

Tender Timeline

Tender Issue
April 21, 2025 at 10:25 AM

Tender Title: Supply of Safes
Tender Reference Number: GEM/2025/B/6146023
Issuing Authority/Department: Department of Financial Services, Ministry of Finance

The supply of safes tender is initiated by the Department of Financial Services, under the Ministry of Finance, with the objective of procuring high-quality safes that adhere to standards set forth in IS 550. This tender seeks to engage reliable and experienced suppliers to provide safes that offer optimal security in line with industry specifications.

Scope of Work and Objectives

The primary scope of work involves the supply of safes that comply with IS 550 specifications. The successful bidder will be required to supply safes with a high degree of durability and security features to be used in various financial institutions. The objectives include:

  • Ensuring the safes are of superior quality and meet international safety standards.
  • Timely delivery to designated locations as specified in the tender document.
  • Incorporating feedback from end-users for improving product specifications in future procurements.

Eligibility Criteria

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

  • Must be a registered entity with valid GST registration.
  • A proven track record of supplying safes or similar products to government or private sectors.
  • Submission of relevant certifications demonstrating compliance with IS 550 standards.

Technical Requirements

Bidders are required to provide detailed specifications of the safes, which must include:

  • Compliance with IS 550 standards.
  • Technical details of materials used, locking mechanisms, and fire resistance properties.
  • Warranty terms and service assurance.

Financial Requirements

Bidders must submit a financial proposal accompanied by an Earnest Money Deposit (EMD). The EMD amount must be specified, and bidders should also provide a breakdown of costs, including transportation, delivery charges, and any applicable taxes.

Document Submission Details

All tender documents must be submitted electronically through the specified portal by the deadline provided in the tender timeline. Bidders should ensure that all documents are complete, signed, and appropriately formatted to facilitate smooth processing.

Special Provisions

The tender includes special provisions for Micro, Small, and Medium Enterprises (MSEs) and startups. Qualified MSEs are encouraged to participate and will receive benefits in bidding, as outlined in the tender guidelines.

Evaluation Process

The evaluation of bids will be conducted based on the adherence to technical specifications, financial offers, and compliance with eligibility criteria. The process ensures transparency, with a focus on achieving value for money and quality standards.

Delivery Locations

Successful bidders will be required to deliver the safes to multiple locations as specified in the tender documentation. Timelines for each delivery will be outlined to ensure operational efficiency.

Contact Information

For further inquiries regarding this tender, bidders may reach out through the official communication channels listed within the tender portal. It is recommended that all questions are directed to the tender issuing authority to gain accurate information.

In conclusion, prospective bidders should carefully review the complete tender documentation to ensure compliance with requirements and enhance their chances of success in this procurement process.

General Information

Item Category
Safes (V2) as per IS 550 (Q2)
Ministry Name
Organisation Name
City

Financial Information

Bid Offer Validity
30 (Days)
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
Inspection Required
Yes
Technical Clarifications Time
2 Days

Tender Documents

4 Documents
GeM-Bidding-7746198.pdfMain Document
GeM Category SpecificationGEM_CATEGORY_SPECIFICATION
Other DocumentsOTHER COMPLIANCE
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Frequently Asked Questions

The eligibility requirements include being a registered entity with valid GST registration and the capability to supply safes as per IS 550 standards. Bidders must demonstrate past experience in delivering similar products to government institutions or reputable private sectors, and provide valid certifications aligning with the specifications outlined in the tender.

The technical specifications for the safes must detail compliance with IS 550 standards, including information about material quality, locking mechanisms, as well as fire and theft resistance ratings. Bidders are also required to outline any additional features that enhance security or usability.

Tender documents must be submitted electronically through the designated portal before the submission deadline. Bidders should ensure that all required formats are adhered to, and that documents are complete and clearly presented to prevent disqualification during the evaluation process.

The Earnest Money Deposit (EMD) serves as a security to ensure the commitment of the bidder. Specific details regarding the EMD amount and submission process are outlined in the tender document. It is important to adhere to these guidelines to ensure eligibility in the selection process.

Yes, there are specific benefits for MSEs included in this tender. MSEs will have access to relaxed eligibility criteria and may be provided with price preference during the evaluation process, encouraging their participation and promoting local industry growth within the framework of this procurement.

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