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Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Aurangabad Bihar 2026

Bid Publish Date

01-Aug-2026, 3:45 pm

Bid End Date

31-Aug-2026, 4:00 pm

Progress

Issue01-Aug-2026, 3:45 pm
AwardPending

Tender Overview

Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 (Q2) located in AURANGABAD, BIHAR 824101. The procurement focuses on safes with ISI Marking, IS 550 compliance, and V3 classification, including required details on the number of doors and gross internal volume (L). No BOQ items were listed, and the tender includes a flexible quantity clause with a possible ±25% adjustment, at contracted rates. The emphasis is on IS 550 conformity, safe construction, and reliable delivery within the extended option framework. Key differentiator: ISI certification and proper classification under IS 550 with explicit door and volume specifications. Unique aspect: bidder must align with option-based quantity adjustments and delivery timeline logic defined by the buyer. This tender targets qualified suppliers capable of meeting security-grade safe standards and bank-grade installation expectations.

Technical Specifications & Requirements

  • Standards: IS 550 compliance for safes; classification per Table 1 (Class / Classification Code) and V3 ISI marked requirement.
  • Product attributes: Number of Doors per safe; Gross Internal Volume (L) as per IS 550 Table 2.
  • Classification format: Class / Classification Code as per IS 550 Table 1.
  • Certification: ISI marking mandatory; IS 550 alignment explicitly requested.
  • Category scope: General and physical requirements for safes including dimensions and door count.
  • Delivery/installation: Terms tied to bank procurement standards; option for quantity increase/decrease up to 25%; delivery timeline scales with quantity and original delivery period.

Terms, Conditions & Eligibility

  • EMD: Not disclosed in available data; bidders must verify during bid submission.
  • Delivery: Extended delivery time rules apply if option clause is exercised; minimum extension calculation logic provided.
  • Pricing: Rates fixed for contracted quantity; additional quantity adjustments follow the option clause up to 25%.
  • Documentation: Compliance with ISI marking and IS 550 standards; relevant security equipment certifications; vendor must adhere to bank procurement terms.
  • ATC/ATC file: Buyer-specific terms uploaded; bidders should review the ATC document for any additional clauses.
  • BOQ: No items listed; bidders should prepare to supply safes that meet IS 550 classifications and ISI marks.

Key Specifications

  • Product/service names: Safes (V3) ISI Marked to IS 550

  • Quantities: ±25% bid quantity adjustment permitted

  • Standards: IS 550 (Table 1 Class/Classification Code), ISI Mark

  • Measurements: Gross Internal Volume (L) as per Table 2 of IS 550; Number of Doors per safe

  • Delivery: Delivery period linked to original delivery period; extended time formula provided

Terms & Conditions

  • EMD amount not disclosed; confirm during submission

  • Quantity may vary by ±25% at order and during contract currency

  • IS 550 classification and ISI marking are mandatory

  • Delivery timeline scales with quantity and original delivery period

  • ATC document contains buyer-specific terms

Important Clauses

Payment Terms

Not specified in available data; verify in ATC document

Delivery Schedule

Delivery period adjusts with quantity; extension formula: (Increased quantity ÷ Original quantity) × Original delivery period, min 30 days

Penalties/Liquidated Damages

Not specified in provided data; check ATC for LDs or performance bond

Bidder Eligibility

  • Experience supplying bank-grade safes or security equipment

  • Demonstrated ISI marking and IS 550 compliance

  • Financial capability to handle contract values (as disclosed in ATC)

Tender Data

Bid Details

Quantity

11

Bid Type

Two Packet Bid

Bid Validity

30 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Inspection Required

No

Tech Clarification Time

3 Days

Preference & Exemptions

EMD Required

No

MII Purchase Preference

Yes

MII Preference Band

L1+20%

MSE Purchase Preference

Yes

MSE Preference Band

L1+15%

MSE Exemption/Relaxation

No

Startup Exemption/Relaxation

No

Bid Splitting Applied

Yes

Requirements

Min. Avg. Annual Turnover

515

OEM Avg. Turnover

410

Past Performance

80 %

Experience Required

3 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

No

Item Category

Safes (V3) ISI Marked to IS 550 (Q2)

Payment Timelines

Payments shall be made to the Seller within 30 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)

Delivery Details

Max Delivery Days

15

Delivery Locations

1

Delivery Cities

Aurangabad

Delivery Pincodes

824101

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Shashank824101,PNB Circle Office Aurangabad Old GT Road Opp Anugrah Memorial Colleg AurangabadAurangabadBihar8241011115-

Authority Records

MINISTRY OF FINANCE

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 5

GeM-Bidding-9694418.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Authority & Contact

Department

BANKING SECTOR

Office Name

Patna

Grievance Contact

[email protected]

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Historical Data

Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates for bank-grade safe supply

4

Financial statements (latest)

5

EMD/Security deposit details (if specified in ATC)

6

Technical compliance certificates for ISI Mark and IS 550

7

OEM authorizations or manufacturer credentials for safes

8

Any tender-specific forms as per Buyer Added Terms

Technical Specifications 1 Item

Item #1 Details

View Catalog
Category Specification Requirement
GENERAL REQUIREMENTS Classification of Safes (as per Table 1 of IS 550 | Format: Class / Classification Code) AAA / TRTL – 90 × 6
GENERAL REQUIREMENTS Number of Doors in Safe Single Door
PHYSICAL REQUIREMENTS Standard Size of Safe (Gross Internal Volume, in L) (As per Table 2 of IS 550) 1340 (336 L)

Frequently Asked Questions

Key insights about BIHAR tender market

How to bid for safes ISI marked to IS 550 tender in Aurangabad?

Bidders must submit GST, PAN, experience certificates, and financial statements, plus ISI/IS 550 compliance proof. The ATC may require OEM authorizations and bank-specific forms. Ensure ISI marking and IS 550 Table 1 classifications are met, and confirm ±25% quantity option during contract.

What documents are required for Punjab National Bank safes procurement in Bihar?

Submit GST registration, PAN, experience certificates for bank-grade safes, latest financial statements, ISI/IS 550 compliance certificates, OEM authorizations, and technical bid documents as per ATC. Additional bank forms may be specified in the ATC file.

What are the key technical specifications for ISI marked safes in this tender?

Key specs include IS 550 classification per Table 1, V3 ISI marking, number of doors, and gross internal volume per Table 2. Safes must be ISI certified and IS 550 compliant with exact classification codes and door configurations.

When is delivery required for the Aurangabad safes tender in 2026?

Delivery timing follows the original delivery period; if quantity increases by up to 25%, extended time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days per extension.

What are the EMD requirements for Punjab National Bank safes procurement?

EMD amount is not disclosed in the available data; bidders should check the ATC document and the tender portal for the exact EMD value and payment method before submission.

What standards must safes meet to participate in this tender in Bihar?

Safes must be ISI marked and IS 550 compliant, with classification per Table 1 and dimensions per Table 2. OEM authorizations and bank-grade installation capabilities may also be required as specified in the ATC.

What is the scope of quantity variation in this tender?

The purchaser may increase or decrease the quantity by up to 25% at contract placement and during the currency of the contract, at contracted rates; delivery timing will adjust accordingly with the option clause.

What is required for bank-grade installation of safes under this procurement?

Submit ISI marking proof, IS 550 compliance, and installation capability credentials; ensure safes meet bank-grade installation standards and door/volume specs per IS 550; refer to ATC for any site-specific installation terms.