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Notice: Bidrove is an independent tender discovery platform and is not affiliated with or endorsed by any government authority. Tender information is sourced from official government portals and undergoes automated processing and quality assurance review. While reasonable efforts are made to ensure accuracy, users must verify all tender details on the relevant official portal before bidding. Bidrove accepts no liability for any actions, decisions, losses, or damages arising from the use of this information.

NIC ePublishSupply & Goods2026_UBoI_847595_1Portal-verified16 days left

Request for Proposal (RFP) for Empanelment of Vendors for Security Equipment Indore Region

Union Bank of India · 📍 Indore, Madhya Pradesh

View on Govt portal ↗

Tender Value

Verifying

Re-checking the value

Earnest Money (EMD)

₹1,00,000

Refundable deposit to bid

Closing Date

2 Sept 2026

Last day to submit

Published

10 Aug 2026

Tender ID:2026_UBoI_847595_1Ref:07082026-2

New to bidding? What is EMD? · Eligibility & contractor class · Bank guarantee & EMD exemption

10 Aug 2026
2 Sept 2026

Published · 16 days left · Closes

Scope of work

Supply and delivery of goods. See the official tender document below for the exact items, quantities and specifications.

AI summary

Union Bank of India has invited bids for Request for Proposal (RFP) for Empanelment of Vendors for Security Equipment Indore Region in Indore, Madhya Pradesh. Bids close on 02 Sep 2026. It is listed under Supply & Goods. Full terms, eligibility and the bill of quantities are in the official tender document on the government portal.

AI Bid Advisor

No recommended bid for this tender — and that's deliberate

This portal didn't publish an estimated contract value for this tender, so there is no official figure to build a recommended bid around — and we won't invent one.

How to price a reverse auction

  1. Work out your floor first, before the round opens. Materials, labour, transport, GST, the EMD you have tied up, and your overhead. In a live auction there is no time to calculate — the only number that protects you is one you decided in advance.
  2. Price the quantity, not the tender. GeM lists an exact quantity and specification. Cost one unit properly, multiply, then add delivery and any inspection or installation the specification requires.
  3. Check the EMD. Earnest money is usually a small percentage of what the buyer expects to spend, so it is often the only public hint at the scale of the contract. Here it is ₹1,00,000.
  4. Decide your walk-away number and hold it. Reverse auctions are designed to pull the price down. Winning below your floor is worse than not winning — you carry the delivery risk and the penalty clauses either way.
  5. Read the eligibility and documents below before you bid. A disqualified bid costs the EMD and the effort, whatever the price was.

How to apply — step by step

You can't submit directly here — government bids must be filed on the official portal with a digital signature. Follow these steps, tailored to this tender:

  1. 1

    Register on NIC ePublishing (eprocure.gov.in/epublish)

    Create a free bidder account on the portal where this tender is published. Use your firm's PAN and email. If you already have an account, just log in.

  2. 2

    Get a Class-3 Digital Signature Certificate (DSC)

    You cannot submit a government bid online without a DSC. Buy a Class-3 DSC from a licensed certifying authority (takes 1–2 days) and register it on the portal.

  3. 3

    Keep your documents ready

    Check the official tender notice for the exact document checklist (eligibility proofs, EMD receipt, experience certificates, etc.), and scan each as a clear PDF before you start — you'll upload them during bid submission.

  4. 4

    Arrange the EMD of ₹1,00,000

    Pay the Earnest Money Deposit (₹1,00,000) online via the portal's payment gateway or as specified in the tender. It's refundable if you don't win. Check if your MSME/Udyam registration gives you an EMD exemption.

  5. 5

    Study the BOQ and prepare your price

    Download the Bill of Quantities (BOQ) from the tender, fill your rates carefully, and cross-check totals. Use the profit estimate on this page as a sanity check — quote competitively but don't go below cost.

  6. 6

    Fill the technical & financial bid

    Complete the technical bid (your eligibility, documents, experience) and the financial bid (your price/BOQ) in the portal's forms. Double-check every figure.

  7. 7

    Submit & sign before 2 September 2026

    Upload all documents, attach your priced BOQ, sign with your DSC and submit. Do it at least a day early — portals get slow near the deadline. After 2 September 2026, submission closes.

Open this tender on the portal to apply ↗
New to tenders? Here's the jargon, decoded
EMD — Earnest Money Deposit
A refundable deposit you pay to show you're a serious bidder. Returned if you don't win.
BOQ — Bill of Quantities
The official list of all materials & work with quantities. You quote your price against it.
DSC — Digital Signature Certificate
A digital ID needed to sign and submit bids online on government portals.
GeM — Government e-Marketplace
The central government's online shopping & tender portal (gem.gov.in).
CPPP — Central Public Procurement Portal
The main government tenders website (eprocure.gov.in) listing most central tenders.
Turnover — Annual Turnover
Your business's total yearly sales. Many tenders need a minimum turnover to qualify.

Estimated cost & profit

This department hasn't published the contract value, so we can't estimate cost & profit yet. The EMD (deposit) and all other details are shown — open the official portal for the full BOQ.

Verify on official portal

Always confirm & submit on the government source.

Open source ↗

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