Multipurpose Wood Working machine | Department of Economic Affairs

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GeM PortalCentral GovtReverse Auction (RA)Financial Evaluation⚡ Bid to RA

Multipurpose Wood Working machine

Bid GEM/2026/B/7818269 → RA GEM/2026/R/747484Department of Economic AffairsLocation: Pan-India (IN)

Estimated value

Not disclosed

EMD

Exempted · ₹ 0

Tracker

ePBG

Not applicable

Submission deadline

08 Oct 2026

Bid Result & Competitor Evaluation

Bid No.: GEM/2026/B/7818269➔RA NO: GEM/2026/R/747484

Technical qualification and financial ranking (L1 / L2 / L3)

Official page on GeM

L1 — lowest quote seller hidden₹ 2.3 LakhsL1 is the lowest price; final award may shift under MSE / MII purchase preference.

Bidders3

Tech. Qualified3

Disqualified0

Priced (financial)3

Stage: Financial evaluation published (L1 known)

Financial ranking

Rank	Seller	Total Price	MSE / MII
L1	Seller 1	₹ 2.3 Lakhs	MSE
L2	Seller 2	₹ 2.3 Lakhs	—
L3	Seller 3	₹ 2.47 Lakhs	—

Technical evaluation (Participating Sellers)

S.No	Seller Name	Offered Item (Make & Model)	Participated On	MSE / MII	Technical Status
1	Seller 1	—	26/8/2026	MSE	QUALIFIED
2	Seller 2	—	3/9/2026	—	QUALIFIED
3	Seller 3	—	3/9/2026	—	QUALIFIED

Bid details

As published on GeM

Goes to Reverse AuctionTwo Packet Bid

Bid Status:Financial Evaluation

Estimated Bid Value:Not disclosed by buyer (see BOQ / bid document)

EMD (Earnest Money):Not specified in bid document

ePBG (Performance Guarantee):Not specified in bid document

Bid Validity (from end date):Not specified in bid document

Bid Start Date / Time:07-10-2026 4:00 PM

Bid End Date / Time:08-10-2026 4:55 PM

Bid Opening Date / Time:Not specified in bid document

Contract / Delivery Duration:Not specified in bid document

Min. Average Annual Turnover:Not specified in bid document

Years of Past Experience Required:Not specified in bid document

Past Performance Criteria:Not specified in bid document

Evaluation Method:Not specified in bid document

Type of Bid:Not specified in bid document

Buyer & Department

Procurement Authority:Department of Economic Affairs

Office Name:3rd Floor Tower G World Trade Centre Nauroji Nagar

Location:Pan-India

Ministry / State:Ministry Of Finance

Department:Department Of Economic Affairs

Organisation:Security Printing And Minting Corporation Of India

Buyer Email:In official notice PDF

HOD / Grievance Email:In official notice PDF

Item Category:Multipurpose Wood Working machine Auto Extension If any seller submits the offer price during last 15

Evaluation & Reverse Auction Rules

Bid to RA Enabled:Not specified in bid document

RA Qualification Rule:Not specified in bid document

RA Auto Extension:15 minutes

Time for Technical Clarifications:Not specified in bid document

Original / Parent Bid:GEM/2026/B/7818269

BOQ Title:Not specified in bid document

Historical Price Intelligence & Competitor Benchmark

PRO INTEL

Analyzed 11 previously awarded contracts in this department & category to guide your bidding quote.

🏛️ Department Match

Avg Winning Quote (L1)

₹ 16.59 Lakhs

Average winning rate across 11 past evaluated bids

Lowest Recorded Win

₹ 1.06 Lakhs

Most aggressive winning quote on record for this authority

Top Incumbent Competitor

SURESH POLYMERS PVT LTD

Won 1 contract with this buyer

Strategic Bidding Guidance: Previous contracts in this division settled between ₹ 1.06 Lakhs and ₹ 1.02 Cr. Review your bill of materials and aim for competitive margins against incumbent sellers.

Frequent Competitors:

1xSURESH POLYMERS PVT LTD1xGUJAR INDUSTRIES INDIA PRIVATE LIMITED1xACCORD HYDRAULIC & AUTOMATION1xKRISHVI ENTERPRISES1xRACE FIRE SERVICES

Recent Awarded Contracts & L1 Quotes

Showing 6 recent contract awards

Tender Ref No	Buyer / Authority	Winning Vendor (L1)	Award Date	Winning L1 Quote	Action
GEM/2026/R/749551	Department of Economic Affairs	RACE FIRE SERVICES	25 Oct 2026, 08:14 AM IST	₹ 6.86 Lakhs	View Sheet
GEM/2026/R/754409	Department of Economic Affairs	OMKAR SWITCHGEARS	25 Oct 2026, 06:37 AM IST	₹ 5.71 Lakhs	View Sheet
GEM/2025/R/599062	Department of Economic Affairs	GUJAR INDUSTRIES INDIA PRIVATE LIMITED	25 Oct 2026, 02:24 AM IST	₹ 26.72 Lakhs	View Sheet
GEM/2026/R/688325	Department of Economic Affairs	ORANGE SOLUTIONS	25 Oct 2026, 01:54 AM IST	₹ 1.99 Lakhs	View Sheet
GEM/2026/R/744286	Department of Economic Affairs	ACCORD HYDRAULIC & AUTOMATION	24 Oct 2026, 05:51 PM IST	₹ 12.96 Lakhs	View Sheet
GEM/2026/R/749418	Department of Economic Affairs	RAJDHANI CARGO PACKERS & MOVERS	24 Oct 2026, 05:19 AM IST	₹ 5.12 Lakhs	View Sheet

Multipurpose Wood Working machine

Bid Result & Competitor Evaluation

Financial ranking

Technical evaluation (Participating Sellers)

Scope of work & quantity

Historical Price Intelligence & Competitor Benchmark

Recent Awarded Contracts & L1 Quotes

1-Click Compliance Document & Annexure Generator

Detailed Scope of Work & Project Overview

Official GeM tender documents

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