Progress
State Bank Of India (sbi) has released a public tender for Safes (V2) as per IS 550 (Q2) in WARANGAL, TELANGANA. Quantity: 1. Submission Deadline: 18-02-2025 17: 00: 00. Download documents and apply online.
Quantity
1
Bid Type
Single Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Min. Avg. Annual Turnover
7
OEM Avg. Turnover
15
Past Performance
50 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Safes (V2) as per IS 550 (Q2)
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Main Document
OTHER
OTHER
OTHER
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
Key insights about TELANGANA tender market
The eligibility requirements include being a registered entity with an average annual turnover of 7 Lakh for the last three years and possessing at least three years of relevant past experience in supplying safes or similar security equipment. Additionally, bidders must provide the necessary OEM authorization certificates and other required documentation as specified.
Bidders must submit certifications that include the OEM authorization certificate and any other credentials outlined in the ATC. These certifications are crucial for verifying compliance with quality standards and ensuring that the products meet the requisite specifications.
Bidders can ensure compliance with technical specifications by carefully reviewing the requirements set forth in the tender documents, specifically regarding the construction and security features of the safes, which should adhere to IS 550 standards. It is also advisable to verify the specifications with the OEM prior to submitting the bid.
Bidders may be required to submit a performance security as a guarantee for fulfilling the contract terms. This security amount will be defined in the tender documentation. It is essential to review the specific requirements related to performance security to ensure compliance with the bidding process.
Yes, the tender provisions include specific benefits for Micro, Small, and Medium Enterprises (MSEs) to encourage their participation. Startups may also qualify for exemptions from experience or turnover criteria, thus facilitating greater access to bidding opportunities in government contracts.