Power Grid Corporation Of India Limited Gift Vouchers Service Tender 2026 – Gift Vouchers Procurement & 25% Quantity Variation 2026
Progress
Key Highlights
- • Gift vouchers service procurement by Power Grid Corporation Of India Limited
- • Estimated contract value ~₹231,700 with 25% quantity/duration variation
- • Invoices must be issued in the consignee’s name with consignee GSTIN
- • Mandatory compliance with Power Grid Whistle Blower and Fraud Prevention Policy
- • No explicit technical standards; OEM/brand not specified in data
- • Lumpsum-based contracts may expand scope by 25% with provider consent
- • BoQ shows zero items; reflects generic voucher provisioning scope
Tender Overview
Power Grid Corporation Of India Limited invites bids for Gift Vouchers Service with an estimated value of ₹231,700. Location not disclosed in the tender data. The procurement focuses on supplying gift vouchers under a service contract, with a potential scope expansion of up to 25% either in quantity or duration. Invoices must be raised in the consignee name with the consignee GSTIN. The vendor must adhere to the Power Grid Whistle Blower and Fraud Prevention Policy. The tender emphasizes compliance and straightforward invoicing for government-related voucher supply.
Technical Specifications & Requirements
- Product/Service: Gift vouchers service (no explicit itemized SKU in BOQ; 0 total BOQ items listed)
- Scope flexibility: 25% increase/decrease in contract quantity or duration at contract issue and post-issuance; lumpsum scope may expand by up to 25% with service provider consent
- Invoicing: Invoice in consignee name with GSTIN of consignee
- Compliance: Adherence to Power Grid Whistle Blower and Fraud Prevention Policy; prompt disclosure of fraud or suspected fraud
- Documentation readiness: Ensure capability to deliver voucher provisioning under a government-style procurement framework
- Standards: No explicit technical standards or brand requirements specified in the data provided
Terms, Conditions & Eligibility
- EMD: Not specified in the tender data
- Price/Value: Estimated value ₹231,700; quantity adjustments permitted up to 25%
- Payment terms: Not explicitly stated; standard government procurement norms likely apply
- Delivery/Timeline: Not specified; ATC allows quantity/duration modifications up to 25%
- Documentation: GST registration, PAN, corporate/agency details, and compliance with whistleblower policy
- Additional clauses: Invoices must reflect consignee GSTIN; policy adherence is mandatory
- BOQ: No items detailed in the provided data; scope inferred from voucher provisioning
Key Specifications
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Gift vouchers service for Power Grid procurement
-
Estimated value ₹231,700
-
Scope variation allowed up to 25% at contract issue and post-issuance
-
Invoice to be raised in consignee name with consignee GSTIN
-
Mandatory adherence to Whistle Blower and Fraud Prevention Policy
-
No explicit technical standards or brand requirements specified
Terms & Conditions
-
25% variation in quantity/duration permitted
-
GST-compliant invoicing in consignee name
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Whistle Blower policy compliance mandatory
Important Clauses
Payment Terms
Invoices must be raised in consignee name with consignee GSTIN; exact payment cycle not specified in data
Delivery Schedule
Delivery timeline not specified; contract scope may adjust by 25% as per ATC
Penalties/Liquidated Damages
No explicit LD details provided in data; standard Power Grid procurement penalties may apply upon final terms
Bidder Eligibility
-
GST registration and PAN confirmation
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Ability to supply gift vouchers under government procurement norms
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Compliance with Power Grid Whistle Blower and Fraud Prevention Policy
Tender Data
Bid Details
Quantity
89
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Gift Vouchers Service
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Patna
Delivery Pincodes
800023
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Devendra Kumar Pandey | 800023,POWERGRID CORPORATION OF INDIA LIMITED, Eastern Region-I Headquarter (ER-I RHQ), Board Colony, Near Transformer Repair Works, Shastri Nagar, Patna, Bihar 800023 | Patna | Bihar | 800023 | 89 | - | No of Gift Vouchers required of Denomination Rs. 100 : 42 No of Gift Vouchers required of Denomination Rs. 500 : 1 No of Gift Vouchers required of Denomination Rs. 1000 : 0 No of Gift Vouchers required of Denomination Rs. 2000 : 1 No of Gift Vouchers required of Denomination Rs. 5000 : 45 No of Gift Vouchers required of Denomination Rs. 7500 : 0 |
Authority Records
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Documents 6
GeM-Bidding-9990332.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
GST registration certificate of bidder
PAN card of bidder
Company profile and authorized signatory details
Experience certificates (if any) applicable to voucher provisioning
Financial statements or turnover evidence (as applicable to tender norms)
Any OEM authorizations or supplier certifications (if required by Power Grid)
EMD submission proof (if required by final contract terms) and payment instructions
Technical bid documents or compliance declarations related to voucher provisioning
Frequently Asked Questions
Key insights about BIHAR tender market
How to bid for Power Grid gift vouchers tender 2026?
To bid for the Power Grid gift vouchers tender, ensure GST registration and PAN, prepare vendor details, and confirm willingness to comply with the Whistle Blower Policy. Invoices must be issued in the consignee name with the consignee GSTIN; end-to-end submission includes financials and any required authorization letters.
What documents are required for Power Grid voucher tender submission?
Submit GST certificate, PAN, company profile, experience certificates (voucher provisioning), financial statements, and any OEM authorizations. Include proof of GSTIN for invoicing and adherence to the whistle blower policy. Prepare EMD documents if required by final terms and deliverable timelines.
What is the estimated contract value and scope variation in this tender?
The tender has an estimated value of ₹231,700 with a potential 25% variation in contract quantity or duration. Vendors must be prepared to scale the provision of gift vouchers by up to a quarter, either at award or during contract execution.
What are the invoicing requirements for Power Grid voucher supply?
Invoices must be issued in the consignee’s name and accompanied by the consignee’s GSTIN. Ensure GST compliance on all voucher-related transactions and retain copies for audit, reconciliation, and payment processing under tender norms.
Are there any brand or standard specifications for the vouchers?
No explicit brand or product standard is stated in the tender data. The procurement emphasizes service provision for gift vouchers rather than a specified SKU, with emphasis on compliance and contract scoping rather than fixed technical specs.
What compliance policies must bidders adhere to in this tender?
Bidders must comply with Power Grid Whistle Blower and Fraud Prevention Policy. Any suspected fraud must be reported immediately. This policy applies to bidders, associates, sub-vendors, and consultants working on the tender.
What is the delivery/implementation timeline for voucher provisioning?
The tender data does not specify a fixed delivery timeline. However, the ATC permits up to 25% variation in contract quantity or duration, indicating flexible scheduling aligned with award terms and project requirements.
How does the 25% quantity variation impact bidding strategy?
Bidders should price with a contingency for up to 25% more vouchers or extended duration. Include clear assumptions about lead times, stock management, and amendment procedures to align with potential scope changes at contract issue or during execution.