[E Tender short term license to operate Money Exchange counter in Arrival and Departure Hall at Madurai Airport] open
5.7/10AI summary
This tender provides details about the project including scope of work, estimated value, deadlines, and eligibility requirements.
Overview
The Airports Authority of India is inviting bids for a short-term license to operate a Money Exchange counter in the Arrival and Departure Hall at Madurai Airport. This is an open tender, and bidders are required to submit their proposals online.
Scope / Work
The contract involves providing services related to the operation of a Money Exchange counter at Madurai Airport. The total tender value is ₹681,835, and the work period is set for 90 days. Bidders should refer to the tender document for specific pre-qualification requirements and other technical details.
Fees & EMD
- Tender Fee: ₹10,000 (non-exemptible)
- EMD (Earnest Money Deposit): ₹100,000 (fixed, non-exemptible)
Both payments are to be made online through SBI Bank. Bidders must include proof of payment in their submissions.
Key dates
- Tender Published: 30-Mar-2026 05:00 PM
- Bid Submission Start: 30-Mar-2026 05:00 PM
- Bid Submission End: 20-Apr-2026 05:00 PM
- Bid Opening Date: 21-Apr-2026 05:00 PM
- Document Download End: 20-Apr-2026 05:00 PM
- Clarification Period: 30-Mar-2026 05:00 PM to 01-Apr-2026 05:00 PM
Bidders are encouraged to download the tender documents and prepare their bids well in advance of the submission deadline.
AI insights
E Tender short term license to operate Money Exchange counter in Arrival and Departure Hall at Madurai Airport
Risk factors
- fixed EMD amount
- non-exemptible tender fee
- tight submission timeline
- bid validity of 180 days
How good is this tender for you?
Tender for Money Exchange counter at Madurai Airport.
Plain-language analysis covering money, competition, paperwork, timeline and who this tender realistically suits.
- Small-value tender
- Heavy money commitment
- Short bidding window
- Niche expertise needed
- Open to local bidders
- MSME-friendly8.0
- Startup-friendly5.0
- Low competition3.0
- Light on money6.5
- Easy to execute5.0
- Light paperwork5.0
What this tender is really about
The Airports Authority of India is looking for bids to operate a Money Exchange counter at Madurai Airport. This is a short-term contract lasting 90 days. Bidders need to submit their proposals online and pay a security deposit.
What you gain if you win
- Access to a busy airport location
- Short-term contract with quick returns
- Potential for repeat business if successful
What could trip you up
- High upfront costs for EMD and tender fee
- Strict submission deadlines
- Need for specific operational expertise
Who is this tender best suited for?
Recommended for
- Established money exchange businesses
- Local service providers
- Companies with airport experience
May struggle with this
- First-time bidders
- Small businesses without capital
- Startups without operational experience
Money side, in plain words
- Upfront fees
- The tender fee is ₹10,000 and the EMD is ₹100,000.
- Security deposit (EMD)
- The EMD is a fixed amount that must be paid upfront.
- Money you must set aside
- You will need to keep the EMD and tender fee available until the bid is processed.
- Payment timing
- Payments are made online, and bidders must ensure proof of payment is included.
What it takes to deliver
- Kind of work
- Service related to money exchange operations.
- How long it takes
- The work will last for about three months.
- Skills you'll need
- Experience in financial services and money exchange operations.
- Where the work happens
- The work is located at Madurai Airport.
- Paperwork
- There is a moderate amount of paperwork required for the bid.
Competition: who else might bid?
- How open it is
- This is an open tender.
- Likely crowd
- Expect several bidders due to the airport's location.
- What helps you win
- Experience in airport operations and a solid financial plan may help.
Practical things to think about
- Prepare your bid well in advance of the submission deadline.
- Ensure you have the necessary funds for the EMD and tender fee.
- Consider the operational challenges of running a service at an airport.
Hidden challenges & gotchas
- The EMD is non-exemptible and fixed, which can be a financial strain.
- The short bid submission window may catch some bidders off guard.
- Bidders must provide proof of payment for both the EMD and tender fee.
In one paragraph
Tender for Money Exchange services at Madurai Airport.
- Who should bid
- Businesses with experience in money exchange and airport operations.
- Who should probably skip
- Small businesses without enough capital or experience in this sector.
- If you're serious, first step
- Download the tender documents and review the requirements carefully.
AI-generated analysis based on structured tender metadata, financial figures, execution timelines, and procurement complexity factors. Actual eligibility, competition, and execution requirements may vary depending on the tender clauses and the evaluating department's criteria. Always read the official tender document before bidding.
Financials
| Tender value | ₹6,81,835 |
|---|---|
| EMD amount | ₹1,00,000 — payable to Nil at Nil |
| Tender fee | ₹10,000 — payable to Nil at Nil |
Payment mode Online
Timeline
| Publish date | 30-Mar-2026 05:00 PM |
|---|---|
| Bid end | 20-Apr-2026 05:00 PM |
| Opening date | 21-Apr-2026 05:00 PM |
Critical dates
From the portal detail page (all dates captured when available).
| Published date | 30-Mar-2026 05:00 PM |
|---|---|
| Bid opening date | 21-Apr-2026 05:00 PM |
| Document download / sale start | 30-Mar-2026 05:00 PM |
| Document download / sale end | 20-Apr-2026 05:00 PM |
| Clarification start | 30-Mar-2026 05:00 PM |
| Clarification end | 01-Apr-2026 05:00 PM |
| Bid submission start | 30-Mar-2026 05:00 PM |
| Bid submission end | 20-Apr-2026 05:00 PM |
Tender Documents
Sign in and verify your email to use our viewer. You can open up to 5 different documents per UTC day (each file counts once). Archives (ZIP, RAR, etc.) are download only—no in-browser preview. Need a higher limit?
| Name | Size | Type | Action |
|---|---|---|---|
| BOQ_319307.xls | 314 KB | XLS |
Corrigenda
Official amendments and notices. PDFs open in the same viewer as tender documents (sign in, verified email, daily limit applies).
Bid Auto Extn Corrigendum
No PDF files attached to this corrigendum row.
Work details
Location, category, and schedule for this procurement.
| Location | AAI,MADURAI AIRPORT |
|---|---|
| Category | Miscellaneous Services |
| Period of work | 90 days |
| Bid validity | 180 days |
E Tender short term license to operate Money Exchange counter in Arrival and Departure Hall at Madurai Airport
Organisation chain
Airports Authority of India||Southern Region - AAI||MADURAI - AAI||COMMERCIAL-VOMD - AAI
Basic details
- Tender reference: AAI/MDU/COMML/short/MoneyEx
- Tender ID: 2026_AAI_273515_1
- Tender type: Open Tender
- Form of contract: Lump-sum
- Tender category: Services
- No. of covers: 2
- Payment mode: Online
- Withdrawal allowed: Yes
Work item
- Work description: E Tender short term license to operate Money Exchange counter in Arrival and Departure Hall at Madurai Airport
- NDA / pre-qualification: Please refer tender document
- Independent external monitor / remarks: Not Applicable
- Tender value (₹): 6,81,835
- Product category: Miscellaneous Services
- Sub category: Money Exchange counter
- Contract type: Tender
- Location: AAI,MADURAI AIRPORT
- Pincode: 625022
- Bid opening place: AAI,MADURAI AIRPORT
- Bid validity (days): 180
- Period of work (days): 90
Fees & EMD
- Tender fee (₹): 10,000
- Fee payable to: Nil
- Fee payable at: Nil
- Tender fee exemption: No
- EMD (₹): 1,00,000
- EMD exemption: No
- EMD type: fixed
Critical dates
- Published: 30-Mar-2026 05:00 PM
- Bid opening: 21-Apr-2026 05:00 PM
- Document download / sale start: 30-Mar-2026 05:00 PM
- Document download / sale end: 20-Apr-2026 05:00 PM
- Bid submission start: 30-Mar-2026 05:00 PM
- Bid submission end: 20-Apr-2026 05:00 PM
Covers (bid packets)
- 1 — Fee/PreQual/Technical — Form of unconditional acceptance duly signed by the tenderer — .pdf
- Signed and scanned copy of proof of payment of EMD and Tender Fee — .pdf
- Other Technical bid documents as specified in the NIT — .pdf
- 2 — Finance — FINANCIAL BID — .xls
Payment instruments
- Online: SBI Bank
Tender inviting authority
- Name: AIRPORT DIRECTOR
- Address: Chamber of Airport Director, Madurai Airport, Madurai-625022
Tender basics
| Tender type | Open Tender |
|---|---|
| Form of contract | Lump-sum |
| Tender category | Services |
| No. of covers | 2 |
| Organisation chain | Airports Authority of India||Southern Region - AAI||MADURAI - AAI||COMMERCIAL-VOMD - AAI |
| Source portal | etenders.gov.in |
Covers (bid packets)
What to submit in each cover, as listed on the tender portal.
| Cover no. | Cover type | Description | Document type |
|---|---|---|---|
| 1 | Fee/PreQual/Technical | Form of unconditional acceptance duly signed by the tenderer | |
| — | — | Signed and scanned copy of proof of payment of EMD and Tender Fee | |
| — | — | Other Technical bid documents as specified in the NIT | |
| 2 | Finance | FINANCIAL BID | .xls |
Authority details
| Inviting authority | AIRPORT DIRECTOR |
|---|---|
| Address | Chamber of Airport Director, Madurai Airport, Madurai-625022 |
| Payment instruments | Online |
Browse by tags
Jump to other tenders using these keywords.