Bank Of India Tender

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The BOI has issued a formal invitation for competitive bids for the Bank Of India project, for CATEGORY: Cash In Transit Service - 4000; driver only; Not Applicable; Air Conditioned; 3; 2 , Cash In Transit Service - 3000; driver only; Not Applicable; Air Conditioned; 3; 2 in Madurai, Tamil Nadu, with an estimated contract value of Rs. 2,01,60,000. The bid opening date for this tender is 24-07-2025 and the last date for bid submission is 08-08-2025. Interested bidders for Bank Of India tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.

Bank Of India - BOI Tender

Opening Date24 Jul 2025
Closing Date8 Aug 2025
Tender Amount₹ 2,01,60,000 

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The required prior work experience for the bidder is 3 years for the same or similar service. Additionally, there are specific requirements for similar completed services, including: - Three similar completed services costing not less than 40% of the estimated cost, - Two similar completed services costing not less than 50% of the estimated cost, - One similar completed service costing not less than 80% of the estimated cost. However, some sources also mention a minimum average annual turnover of 100 Lakh for the last 3 years. Furthermore, for certain types of bidders, such as Micro or Small Enterprises or DPIIT registered Startups, the experience criteria may be exempted, but they would need 48 years of past experience otherwise.

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