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GEM

Union Bank of India Safes V3 ISI Marked to IS 550 Tender 2026 India

Bid Publish Date

04-Jul-2026, 10:45 am

Bid End Date

14-Jul-2026, 11:00 am

Location

Progress

Issue04-Jul-2026, 10:45 am
AwardPending
Explore all 6 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 1

Tender Overview

Union Bank of India seeks procurement of Safes (V3) ISI Marked to IS 550 under GEM framework. Scope covers IS 550 classified safes, with specified number of doors, gross internal volume per Table 2, anchoring arrangements, and lock key requirements. Estimated value and EMD are not disclosed in the provided data. This tender targets secure banking vault solutions that conform to IS 550 classifications, with emphasis on physical dimensions and locking configurations. The initiative is conducted through the GeM procurement channel, aligning with government-backed financial services equipment supply. The unique aspect is the ISI Marked requirement and strict IS 550 conformity, ensuring standardized security equipment for Union Bank of India infrastructure. bidders should prepare to meet the anchoring and door-count specifications and ensure precise compliance with the required table-based classifications.

Technical Specifications & Requirements

  • Category: GENERAL REQUIREMENTS — IS 550 Table 1 classification format (Class / Classification Code)
  • Category: GENERAL REQUIREMENTS — Number of doors in Safe
  • Category: PHYSICAL REQUIREMENTS — Gross Internal Volume (L) as per Table 2 of IS 550
  • Category: PHYSICAL REQUIREMENTS — Anchoring Arrangement provided
  • Category: LOCKS — Number of lock keys per Table 2 clause x(a)
  • Standards: IS 550; ISI Marked safes
  • Delivery/installation implications not fully specified; ensure compliance with bank site installation norms
  • EMD/price mechanisms not disclosed; include alignment to GeM buyback terms if applicable

Terms, Conditions & Eligibility

  • Option clause: Purchaser may adjust quantity by up to ±25% during contract and extended delivery windows with a specified calculation method and minimum 30 days
  • Buyback/ GST clause: GST on buyback, separate offline invoice, input tax credit considerations, and detailed cost breakups post-award
  • Documentation: submit GST, PAN, experience certificates, financial statements, EMD documents, technical compliance, OEM authorizations
  • Delivery: delivery schedule tied to original/extended delivery orders; must align with contract delivery windows
  • Payment terms: not fully specified; bidders should anticipate standard government terms and the GeM ATC guidance
  • Warranty/penalties: not specified in the provided text; verify during bid participation

Key Specifications

  • IS 550 Table 1 classification format (Class / Classification Code)

  • Number of Doors in Safe as per IS 550 Table 2

  • Gross Internal Volume (L) per Table 2

  • Anchoring arrangement provision

  • Number of lock keys per Table 2 x(a)

  • IS 550 compliant and ISI marked

Terms & Conditions

  • Quantity may vary ±25% with contract extension

  • Buyback GST considerations and offline invoice

  • Submit standard documentation: GST, PAN, experience, financials, OEM authorizations

Important Clauses

Payment Terms

Partial/complete payment terms are not fully specified; bidders must anticipate standard government GeM terms and ATC guidance, with possible post-delivery verification

Delivery Schedule

Delivery timing follows original delivery order dates with possible extended timelines under the option clause; calculate additional time as (Increased quantity ÷ Original quantity) × Original delivery period, min 30 days

Penalties/Liquidated Damages

Not specified in the provided data; verify during bid submission and align with GeM default LD provisions

Bidder Eligibility

  • Experience in supplying ISI marked safes to financial institutions

  • Ability to meet IS 550 classifications and anchoring requirements

  • Financial strength evidenced by audited statements and GST compliance

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

Kamrup Metro

Delivery Pincodes

781003

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Dhanraj Chik Baraik781003,Regional Office, Union Bank of India, G.N.B. Road, P.O. ChandmariKamrup MetroAssam781003115-

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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-9558738.pdf

Main Document

GeM Category Specification

GEM_CATEGORY_SPECIFICATION

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Past Similar Tenders (Historical Results)

5 found

Bank Of Baroda Safes ISI Marked to IS 550 (V3) Tender Nashik Maharashtra 2026

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Closed: 23 May 2026
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Safes (V3) ISI Marked to IS 550

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Closed: 12 March 2026
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Gujarat Gramin Bank

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Closed: 6 October 2025
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VISAKHAPATNAM, ANDHRA PRADESH

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Closed: 13 September 2025
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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) A / TRTL – 30 × 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)
PHYSICAL REQUIREMENTS Gross Internal Volume (in L | As per table 2 of IS 550) 336
PHYSICAL REQUIREMENTS Anchoring Arrangement provided Yes, No
LOCKS Number of lock keys on safe (as per point x (a) of Table 2) 2

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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates (similar projects)

4

Financial statements (last 2-3 years)

5

EMD submission proof

6

Technical bid documents showing IS 550 compliance

7

OEM authorization/agency certificates

Frequently Asked Questions

Key insights about ASSAM tender market

How to bid for ISI marked safes tender in India 2026

To bid, bidders must meet IS 550 compliance, provide ISI certification, and submit GST, PAN, experience certificates, financial statements, and OEM authorizations. Ensure anchoring and lock specifications align with Table 2, and plan a delivery timeline that accommodates a potential ±25% quantity adjustment.

What documents are required for safes procurement in GeM tender

Required documents include GST registration, PAN, detailed experience certificates, financial statements, EMD documents, technical compliance certificates, and OEM authorizations. Prepare vendor onboarding details and ensure bid submission aligns with GeM platform rules.

What are the IS 550 standards for safe classifications

IS 550 defines safe classifications with Class/Classification Code, number of doors, and gross internal volume per Table 2. Bidders must provide safes with IS 550 compliance, appropriate anchoring, and approvals for the specific class referenced in the tender.

What is the delivery timeline for safes procurement

Delivery is governed by the option clause allowing ±25% quantity changes; initial delivery must start after order finalization, with minimum timeframes governed by the contract and extended periods calculated as per the clause, ensuring installation readiness at Union Bank of India sites.

What is the EMD requirement for this safes tender

EMD amount is not disclosed in the provided data; bidders should monitor GeM terms for the exact EMD value and submission method, ensuring payment compliance through online or DD as specified by GeM ATC and tender terms.

What are the anchoring and lock requirements for safes

Anchoring arrangement must be provided as per IS 550 Table 2; lock configuration must specify the number of keys as per Table 2 clause x(a). Bidders must demonstrate compatibility of anchoring hardware with installation sites.

How to verify ISI marked and IS 550 compliance

Verify supplier certificates showing ISI mark and IS 550 compliance, with audit-ready documentation. Ensure product datasheets specify class, volume in liters per Table 2, and confirm ISI license numbers align with security equipment standards.

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