Punjab National Bank Note Sorting Machines (V2) Q2 Tender Procurement 2026 India
Bid Publish Date
10-Sep-2026, 5:12 pm
Bid End Date
18-Sep-2026, 12:00 pm
Location
Progress
Key Highlights
- • Banking sector procurement by Punjab National Bank
- • Note Sorting Machines (V2) Q2 category
- • Quantity variation right up to 25% during contract
- • Delivery-period adjustments tied to quantity changes
- • ATC document uploaded by buyer; mandatory review
- • BOQ shows zero items; undefined unit quantities
- • No explicit EMD or warranty details in provided data
- • OEM authorizations or vendor qualifications to be confirmed in ATC
Tender Overview
Punjab National Bank invites bids for the procurement of Note Sorting Machines (V2) Q2 under the Banking Sector category. The tender scope appears to be a supply contract with uncertain estimated value and no BOQ items listed. A key differentiator is the clause allowing an up to 25% quantity variation at contracted rates and a delivery timeline that adjusts with the quantity change. An ATC document has been uploaded by the buyer, and the process is positioned within the bank’s procurement framework. This opportunity targets vendors capable of scalable, bank-grade note processing equipment and strict adherence to contract adjustments and delivery cadences.
Technical Specifications & Requirements
- Category: Note Sorting Machines (V2) Q2; no technical specifications are published within the provided data.
- BOQ: Total Items: 0; no line-item quantities available.
- Delivery/Option Clause: purchaser may vary quantity up to 25% of bid quantity during contract execution; extended delivery time calculated as (increased quantity / original quantity) × original delivery period, minimum 30 days.
- ATC: Buyer has uploaded an ATC document; bidders should review it for site-specific conditions and product conformity.
- Compliance: bidders must align with the tender’s option-based delivery framework and any terms in the ATC document.
- Context: procurement appears to be a bank-grade equipment purchase under Punjab National Bank’s procurement regime, with emphasis on scalable supply.
Terms, Conditions & Eligibility
- EMD: not disclosed in the available data; bidders should verify exact EMD requirements in the ATC document.
- Quantity Flexibility: up to 25% increase/decrease at contracted rates during and after initial order, with delivery recalculation as specified.
- Delivery: delivery period starts from the last date of original delivery order; extended period follows the option clause.
- Documentation: ATC document to be reviewed; ensure compliance with bank procurement norms and any OEM authorizations.
- Payment terms: not specified in the provided text; bidders must confirm in ATC and tender documents.
- Penalties/Warranty: not detailed here; refer to ATC for risk-sharing, warranty, or LD provisions.
- Eligibility: no explicit experience or turnover thresholds provided in the data; consult ATC for minimum criteria.
Key Specifications
-
Product/service: Note Sorting Machines (V2) Q2
-
Quantity: Not specified (BOQ shows 0 items)
-
Estimated value: Not disclosed
-
Delivery terms: Option clause enables up to 25% quantity variation
-
Standards/Certification: Not specified in data; review ATC
-
Warranty/Support: Not specified; verify in ATC
-
OEM/Brand: Not specified; check ATC for requirements
Terms & Conditions
-
Quantity variation up to 25% at contracted rates
-
Delivery period recalculation based on increased quantity
-
ATC document contains all modality and compliance details
Important Clauses
Payment Terms
Not specified in the provided data; confirm terms in ATC
Delivery Schedule
Delivery period starts from the last date of the original delivery order; extended period applies under option clause
Penalties/Liquidated Damages
Not stated here; review ATC for LD provisions and warranty terms
Bidder Eligibility
-
Submit GST and PAN; provide financials for last 2-3 years
-
Demonstrate experience in supplying bank-grade note processing equipment
-
Comply with ATC terms and OEM authorizations if required
Tender Data
Bid Details
Quantity
2
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
749
OEM Avg. Turnover
50
Past Performance
50 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Note Sorting Machines (V2) (Q2)
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Hooghly
Delivery Pincodes
712201
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Barun Rakshit | 712201,23 A, RAI M.C. Lahiri Bahadur Street | Hooghly | West Bengal | 712201 | 2 | 15 | - |
Authority Records
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Documents 3
GeM-Bidding-9876470.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
GST registration certificate
PAN card
Experience certificates (similar equipment procurement)
Financial statements for last 2-3 years
EMD submission proof as per ATC
Technical bid/compliance certificate
OEM authorisation / reseller agreement (if required by ATC)
Frequently Asked Questions
How to bid for Note Sorting Machines tender in Punjab National Bank procurement 2026
Bidders should review the ATC document uploaded by the buyer, prepare a compliant technical bid for Note Sorting Machines (V2) Q2, and submit GST, PAN, and experience certificates. Ensure adherence to the 25% quantity variation clause and satisfy any OEM authorization requirements stated in ATC.
What documents are required for PNB note sorting machine bid in India
Required documents include GST registration, PAN card, last 2-3 years' financial statements, experience certificates for similar equipment, EMD proof per ATC, technical compliance certificates, and OEM authorizations if mandated in the ATC. Ensure submission aligns with tender terms and format.
What are the delivery terms for Punjab National Bank Note Sorting Machines tender
Delivery terms hinge on the original delivery order date; the option clause allows up to 25% quantity variation with revised delivery time calculated as (increased/original quantity) × original delivery period, minimum 30 days, and potential extension up to the original delivery period.
How to verify EMD and payment terms for PNB procurement
EMD details are not disclosed here and must be checked in the ATC. Payment terms are not specified in the provided data; bidders should confirm in the ATC and tender documents, including any schedule of payments and milestones.
What specifications exist for the Note Sorting Machines tender in India 2026
No technical specifications are published in the available data. Bidders must rely on the ATC document uploaded by the buyer to capture required features, performance metrics, and compliance standards for Note Sorting Machines (V2) Q2.
What are the eligibility criteria to participate in PNB procurement 2026
Eligibility centers on submitting GST and PAN, demonstrating relevant experience in bank-grade equipment supply, and aligning with ATC terms. OEM authorizations may be required; verify the exact criteria within the ATC document for this tender.