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Urban Transport Tender by Mega Company Ltd (GEM/2025/B/6171492)

currency counting machine

Goods
Qty:8
Urban Transport Tender by Mega Company Ltd (GEM/2025/B/6171492)

Tender Timeline

Tender Issue
April 25, 2025 at 3:21 PM

Tender Title: Supply of Currency Counting Machines

Reference Number: GEM/2025/B/6171492

Issuing Authority: Ministry of Housing & Urban Affairs (MoHUA), Urban Transport

The Ministry of Housing & Urban Affairs (MoHUA) invites bids for the supply of currency counting machines under the reference number GEM/2025/B/6171492. This tender aims to procure a total of eight currency counting machines to support various departmental operations that require reliable and efficient currency management.

Scope of Work and Objectives

The primary objective of this tender is to acquire high-quality currency counting machines that meet the operational requirements of the Urban Transport department. The machines should ensure accuracy, efficiency, and robustness in counting currency notes and facilitating financial transactions.

Eligibility Criteria

Bidders must meet the following eligibility requirements to qualify for participation in this tender:

  • Must be a registered entity compliant with local regulations.
  • Proven experience in supplying currency counting machines or similar equipment.
  • Capacity to provide after-sales service and technical support for the supplied equipment.

Technical Requirements

The currency counting machines must adhere to the following technical specifications:

  • Must possess counterfeit detection capabilities.
  • Should be able to count a minimum of 1,000 notes per minute.
  • Must have user-friendly interfaces and comprehensive error indicators.
  • Should support various currency denominations.

Financial Requirements

Bidders are required to submit a detailed financial proposal that includes:

  • Unit price for each currency counting machine.
  • Comprehensive warranty terms covering parts and service.
  • Any additional costs related to shipping, handling, and installation.

Document Submission Details

Interested bidders are required to submit the following documents:

  • A fully completed bid application form.
  • Company registration certificate.
  • Technical specifications brochures for the proposed currency counting machines.
  • Financial proposal including pricing and warranty information.

Special Provisions

In alignment with government initiatives, special considerations will be awarded to Micro, Small, and Medium Enterprises (MSEs) and startups that comply with all applicable criteria. Bidders are encouraged to highlight their MSE/startup status in their submission to benefit from these provisions.

Evaluation Process

Bids will be evaluated based on a combination of technical proficiency and financial viability. The evaluation will follow a structured process, assessing the technical specifications of the proposed currency counting machines, compliance with eligibility requirements, and cost-effectiveness.

Delivery Locations

The final delivery of the currency counting machines is expected to be at designated locations as specified by the Ministry of Housing & Urban Affairs. Bidders should ensure that their proposals include provisions for delivery timelines and logistics.

Contact Information

For any inquiries regarding this tender, bidders should reach out to the Ministry of Housing & Urban Affairs, Urban Transport department. Specific contact details may be available in the official tender document.

Overall, this tender represents an excellent opportunity for suppliers specializing in currency counting machines to engage with a key governmental authority while contributing to enhanced financial management in the public sector.


General Information

Item Category
currency counting machine (Q3)
Department Name
Organisation Name
State

Financial Information

Bid Offer Validity
120 (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

3 Documents
GeM-Bidding-7774454.pdfMain Document
GeM Category SpecificationGEM_CATEGORY_SPECIFICATION
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Frequently Asked Questions

The eligibility requirements include being a registered entity compliant with all relevant local regulations. Bidders should have proven experience in supplying currency counting machines or similar equipment. It is also crucial for bidders to demonstrate their capacity to provide after-sales service and technical support for the supplied equipment, ensuring full operational readiness upon delivery.

The technical specifications for the currency counting machines include counterfeit detection capabilities, a minimum counting speed of 1,000 notes per minute, user-friendly interfaces, and comprehensive error indicators. Additionally, the machines should be versatile enough to support various currency denominations, ensuring optimal functionality in different operational environments.

To complete the submission process, bidders must include a fully filled bid application form, their company registration certificate, brochures detailing the technical specifications of the proposed currency counting machines, and a comprehensive financial proposal. The financial proposal must cover pricing, warranty terms, and any additional costs for shipping, handling, or installation.

The payment terms will typically be stipulated within the finalized contract. Bidders should outline their proposed payment schedule within the financial proposal, including any upfront payments, milestone payments upon delivery and installation, and final payment upon successful completion of all requirements.

Yes, special provisions are offered to Micro, Small, and Medium Enterprises (MSEs) and startups to encourage their participation in this tender. Eligible entities are encouraged to highlight their status in their bid submission, ensuring they are considered for relevant benefits under government policy initiatives supporting local businesses and enhancing public procurement participation.

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