Government Tender Published for Note Sorting Machines in CHENNAI, TAMIL NADU
Bid Publish Date
24-Mar-2025, 5:51 pm
Bid End Date
01-Apr-2025, 1:00 pm
Value
₹29,25,000
Location
Progress
Bank Of India announces a tender for Note Sorting Machines (Q3) in CHENNAI, TAMIL NADU. Quantity: 1. Submission Deadline: 01-04-2025 13: 00: 00. Last date to apply is approaching fast!
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | ACCURATE CURRENCY AUTOMATION PRIVATE LIMITED Under PMA | Make : glory Model : UWH 1100 | 26-03-2025 18:20:45 | |
| 2 | CHANDRA ENTERPRISES. Under PMA | Make : glory Model : UWH 1100 | 27-03-2025 13:42:14 | |
| 3 | CPS CASH PROCESSING SOLUTIONS PRIVATE LIMITED Under PMA | Make : CPS Model : X7500/4S (8+2) | 27-03-2025 16:48:25 | |
| 4 | MICROCOUNTS INFO SYSTEM PRIVATE LIMITED Under PMA | Make : glory Model : UWH 1100 | 26-03-2025 14:22:29 | |
| 5 | PRANAV ENTERPRISES Under PMA | Make : CPS Model : X7500/4S (8+2) | 27-03-2025 16:32:53 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | ACCURATE CURRENCY AUTOMATION PRIVATE LIMITED Under PMA | Item Categories : Note Sorting Machines | |
| L2 | MICROCOUNTS INFO SYSTEM PRIVATE LIMITED Under PMA | Item Categories : Note Sorting Machines | |
| L3 | CHANDRA ENTERPRISES. Under PMA | Item Categories : Note Sorting Machines |
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Requirements
Min. Avg. Annual Turnover
14
OEM Avg. Turnover
100
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 (Q3)
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Documents 5
GeM-Bidding-7676741.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GeM Category Specification
GEM_CATEGORY_SPECIFICATION
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
2 Updates Update
Extended Deadline
01-Apr-2025, 7:30 am
Opening Date
01-Apr-2025, 8:00 am
Update
Extended Deadline
29-Mar-2025, 12:30 pm
Opening Date
29-Mar-2025, 1:00 pm
Required Documents
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC)
Compliance of BoQ specification and supporting document *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
Frequently Asked Questions
Key insights about TAMIL NADU tender market
What are the eligibility requirements for GEM/2025/B/6083966?
The eligibility requirements include being a registered entity, with a proven track record in supplying similar machines. Vendors must also demonstrate financial stability and possess necessary certifications for providing government contracts. Experience in delivering goods to banking institutions enhances credibility and may influence selection.
What technical specifications must the note sorting machines meet?
The technical specifications for the note sorting machines include sorting capability at a defined speed, counterfeit detection features, and compatibility with multiple currencies. Bidders must ensure compliance with these specifications to be considered in the selection process.
What are the details regarding the Earnest Money Deposit (EMD) for this tender?
The EMD details require bidders to submit an amount along with their proposal, which acts as a security to ensure compliance. The specific amount will be detailed in the tender document, and conditions for forfeiture or refund will be outlined therein as well.
What submission methods are acceptable for this tender?
The acceptable submission methods include online submissions through the designated procurement portal. Bidders must ensure that they follow all guidelines for document formats, which are typically specified in the tender documentation.
What benefits are available for Micro, Small, and Medium Enterprises (MSEs) participating in this tender?
The tender provides several benefits for MSEs, including payment aids, bidding assistance, and possibly relaxed eligibility criteria. There are provisions to encourage participation from startups, reinforcing the government's focus on promoting local businesses and innovations in line with policy mandates.