Union Bank of India Rack for Valuables Tender Junagadh Gujarat 2026
Progress
Key Highlights
- • Explicit quantity variation right: +/- 25% at contract inception and during contract currency
- • Delivery period hinges on last date of original order with minimum 30 days for extensions
- • No BOQ items or technical specifications available in the data provided
- • Public sector banking procurement through Union Bank of India for secure storage racks
- • No stated EMD amount or performance bond in the available tender data
- • Option clause governs timing and scope of delivery extensions across contract term
- • Location-specific procurement: Junagadh, Gujarat (362001)
Tender Overview
Organization: Union Bank of India (UBI) – Department of Financial Services. Product: Rack for Valuables. Location: Junagadh, Gujarat 362001. Category: Rack for Valuables procurement. Estimated value / EMD: Not specified. Quantity flexibility: Purchaser reserves right to increase/decrease quantity up to 25% at contract time and during the currency at contracted rates. Delivery timing: Delivery period linked to last date of original delivery order; extended period calculated as (Additional quantity ÷ Original quantity) × Original delivery period, minimum 30 days. Unique clause: option clause governs quantity adjustments and delivery extensions. This tender lacks BOQ items and explicit technical specs, focusing on standard procurement framework and delivery flexibility. Context: Public banking procurement aimed at securing secure storage solutions with scalable order terms. Differentiator: explicit quantity and delivery extension mechanics, risk-adjusted scheduling, and clerical flexibility for banking operations.
Technical Specifications & Requirements
- Product category: Rack for Valuables (security storage furniture).
- Specifications available: None documented in the tender; no BOQ items present.
- Standards / Compliance: Not specified in available data.
- Delivery / Installation: Flexible delivery window governed by the option clause; minimum 30 days for extended delivery period.
- Quality / Testing: Not described.
- Brand/OEM: Not specified.
- Packaging / Handling: Not specified.
- Warranty / AMC: Not specified.
- Experience / Capability: Not specified.
Terms, Conditions & Eligibility
- EMD: Not specified in the data.
- Quantity adjustments: Up to 25% increase/decrease at contract placement and during currency.
- Delivery terms: Calculated extension formula with minimum 30 days; extensions may reach the original delivery period.
- Delivery commencement: From the last date of original delivery order.
- Bid compliance: Bidders must comply with option clause terms.
- Documents / eligibility specifics: Not detailed in the available information.
- Geography / scope: Junagadh, Gujarat – banking procurement framework.
- Language / currency: Not specified.
Key Specifications
-
Product/service names: Rack for Valuables
-
Quantities: Not specified; subject to ±25% variation
-
Estimated value: Not disclosed
-
Experience: Not specified
-
Quality/Standards: Not specified
-
Delivery: Minimum 30 days for extended period
-
Brand/OEM: Not specified
-
Testing / Warranty: Not specified
-
Category: Banking procurement – Union Bank of India (UBI)
Terms & Conditions
-
Quantity may be increased or decreased by up to 25% at contract placement and during currency
-
Delivery period extensions follow a calculated formula with a 30-day minimum
-
Delivery starts from the last date of the original delivery order; extensions possible
Important Clauses
Payment Terms
Not specified in the provided data; bidders should confirm with issuing authority.
Delivery Schedule
Delivery remains tied to original order date; option clause can extend delivery period with minimum 30 days for extensions.
Penalties / Liquidated Damages
No LD details provided; bidders should seek explicit terms during final bid submission.
Bidder Eligibility
-
Eligibility to supply banking storage racks in public sector procurement
-
Ability to meet 25% quantity variation and extended delivery scheduling
-
Compliance with standard tender submission documents (GST, PAN, financials, experience) if required
Tender Data
Bid Details
Quantity
2
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
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
12
OEM Avg. Turnover
99
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
Rack for Valuables
Payment Timelines
Payments shall be made to the Seller within 10 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
45
Delivery Locations
1
Delivery Cities
Junagadh
Delivery Pincodes
362001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Ashish Saini | 362001,Regional Office, Union Bank Of India, 3rd Floor Milestone, zanzarda road | Junagadh | Gujarat | 362001 | 2 | 45 | - |
Authority Records
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Documents 3
GeM-Bidding-10052261.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
Permanent Account Number (PAN) card
Experience certificates for similar rack/valubles storage equipment
Financial statements / balance sheets for the past 2–3 years
EMD submission document (as per tender; amount not specified here)
Technical bid document outlining product specification and compliance (if available)
OEM authorization / dealership certificate (where applicable)
Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid on the rack for valuables tender in Junagadh Gujarat 2026?
Bidders should prepare GST registration, PAN, experience certificates, and 2–3 years of financial statements. Ensure compliance with the option clause allowing ±25% quantity variation and the 30-day minimum extension for delivery. Submit technical bids outlining product specs for the rack for valuables.
What documents are required for Union Bank rack tender in Junagadh?
Submit GST certificate, PAN card, experience certificates for similar racks, financial statements, EMD submission documents, and OEM authorization if applicable. Include technical bid detailing rack dimensions, security features, and installation needs, even though specific specs are not provided in the tender data.
What are the delivery terms for the Junagadh valuables rack tender?
Delivery starts from the last date of the original delivery order. If quantity increases during contract, the extended period is calculated as (additional quantity/original quantity) × original delivery period, with a minimum of 30 days.
What is the EMD amount for the UBI rack tender in Gujarat 2026?
The tender data does not specify the EMD amount. Bidders should verify the exact EMD and payment method during bid submission and ensure compliance with any bank-specific security deposit requirements.
Are there any technical standards specified for the rack procurement?
No technical standards are listed in the provided data. Bidders should seek clarity on IS/ISO standards, security certifications, or OEM requirements during final bid dialogue to ensure compliance with banking storage rack norms.
What is the scope of quantity variation allowed for this tender?
Authorized quantity variation is up to 25% of the bid quantity at contract placement and during the currency, with corresponding adjustments to delivery timelines per the formula provided.
How will extension of delivery period be calculated for banking racks?
Extensions use the formula: (Increased quantity ÷ Original quantity) × Original delivery period, with a mandatory minimum of 30 days; original delivery period can be extended up to the original term.