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State Bank of India Safes (V3) ISI Marked to IS 550 Tender North Goa 2026

Bid Publish Date

06-Jun-2026, 9:19 pm

Bid End Date

19-Jun-2026, 9:00 pm

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Progress

Issue06-Jun-2026, 9:19 pm
Corrigendum16-Jun-2026
AwardPending
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Quantity

3

Bid Type

Two Packet Bid

Key Highlights

  • Exact product: ISI Marked safes classified under IS 550 (V3) with Table 1 classifications
  • Delivery flexibility: ±25% quantity variation with proportional delivery timelines
  • Onsite scope: Supply, installation, testing, commissioning at SBI Margao Branch, Goa
  • GST compliance: GST invoice upload on GeM with GST portal payment confirmation
  • Standards: IS 550 compliance and ISI marking required
  • Anchoring and locks: Specific anchoring arrangements and required lock-key counts as per IS 550 Table 2
  • Address specifics: Margao, Goa 403601
  • BoQ: No items listed; focus on general safes procurement and installation
  • Payment terms to be aligned with GeM and GST submission

Categories 1

Tender Overview

The State Bank of India invites bids for safes classified under V3 ISI Marked to IS 550, targeting North Goa, Goa. The procurement scope covers ISI 550 compliant safes with specified gross internal volume, number of doors, anchoring arrangements, and lock key provisions. The rollout includes supply, installation, testing, and commissioning at Margao branch, Goa. The bid allows a ±25% quantity variation and requires GST-compliant invoicing; delivery executes post-final order with potential extended timelines. Key differentiators include adherence to IS 550 table classifications and physical specification alignment for banking security equipment.

Technical Specifications & Requirements

  • Category: General requirements – IS 550 classification as per Table 1 (Class/Classification Code).
  • Physical: Gross Internal Volume (L) as per Table 2 of IS 550; Number of Doors as per IS 550 Table 2; Anchoring Arrangement provided.
  • Locks: Number of lock keys on safe per IS 550 Table 2 guidelines.
  • Standards: ISI Marked safes certified to IS 550; compatible with bank security norms.
  • Delivery/Installation: Supply, installation, testing, and commissioning at SBI Margao Branch, Opposite Municipal Garden, Margao, Goa 403601; delivery period linked to purchase order terms.
  • Documentation: GST invoice requirements uploaded on GeM with GST portal payment confirmation.

Terms, Conditions & Eligibility

  • Delivery terms: Onsite delivery and commissioning at SBI Margao branch; option to adjust quantity up to ±25% with proportional delivery schedule.
  • Payment/EMD: EMD amount not specified; invoice submission must include GST portal payment confirmation.
  • Ownership/Scope: Price includes supply, installation, testing, and commissioning of safes.
  • Address: State Bank of India Margao Branch, Goa 403601.
  • Compliance: Bidders must adhere to the specified delivery, GST invoicing, and installation obligations; no tender ID or dates disclosed.

Key Specifications

    • Product: ISI Marked safes (V3) compliant with IS 550
    • Category: General requirements with Table 1 classification (Class/Code)
    • Physical: Gross Internal Volume (L) as per Table 2 of IS 550
    • Physical: Number of Doors per Table 2 of IS 550
    • Physical: Anchoring arrangement provided
    • Locks: Number of lock keys per Table 2 of IS 550

Terms & Conditions

  • Quantity variation up to 25% with delivery impact

  • Onsite delivery and commissioning at SBI Margao Branch, Goa

  • GST invoice and GST payment confirmation required for invoicing

Important Clauses

Payment Terms

GST-compliant invoicing required; GeM portal submission must include GST invoice and GST payment confirmation

Delivery Schedule

Delivery and commissioning at SBI Margao Branch; option to adjust quantity up to 25% during contract; delivery period linked to original order terms

Penalties/Liquidated Damages

Not explicitly specified in available data; ensure adherence to delivery and commissioning timelines to avoid penalties

Bidder Eligibility

  • Experience in supply, installation, testing, and commissioning of safes

  • Demonstrated capability to deliver ISI Marked safes compliant with IS 550

  • GST registration and financial stability documentation

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)

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 4

GeM-Bidding-9433312.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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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) 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) 850 - S (129 L)
PHYSICAL REQUIREMENTS Gross Internal Volume (in L | As per table 2 of IS 550) 129
PHYSICAL REQUIREMENTS Anchoring Arrangement provided 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

Permanent Account Number (PAN) card

3

Experience certificates showing prior safes supply/installation

4

Financial statements or bank statements demonstrating capacity

5

EMD submission document (if required by terms)

6

Technical bid documents confirming IS 550 compliance

7

OEM authorizations or certificates if applicable

8

GST portal GST payment confirmation screenshot

Corrigendum Updates

1 Update
#1

Update

16-Jun-2026

Extended Deadline

19-Jun-2026, 9:00 pm

Opening Date

19-Jun-2026, 9:30 pm

Frequently Asked Questions

Key insights about GOA tender market

How to bid for SBI safes ISI marked procurement in North Goa 2026?

Bidders must submit GST registration, PAN, experience certificates, financial statements, and OEM authorizations. Ensure IS 550 compliance with ISI marking, and provide installation capability. The bid includes supply, installation, testing, and commissioning; confirm delivery address SBI Margao Branch, Goa 403601, with GST invoice on GeM.

What documents are required for SBI safes tender in Goa 2026?

Required documents include GST certificate, PAN card, experience certificates for safe installation, financial statements, EMD (if applicable), technical compliance certificates confirming IS 550 and ISI marking, and OEM authorization if you are a reseller. Upload GST invoice copy on GeM with payment confirmation.

What standards must safes meet for SBI procurement in Goa?

Safes must be ISI marked and IS 550 compliant, with Table 1 classification (Class/Code) and Table 2 details for gross internal volume, doors, anchoring, and lock-key configuration. Ensure ISI certification body details are included in your technical bid.

What is the delivery location for SBI Margao safes procurement?

Delivery and commissioning are at State Bank of India Margao Branch, Opposite Municipal Garden, Margao, Goa 403601. The supplier must install, test, and commission on-site per contract terms and ensure GST-compliant invoicing via GeM.

How does quantity variation affect delivery for SBI safes tender?

The purchaser reserves a ±25% quantity variation, with corresponding adjustment to delivery timelines. The increased time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days, and may extend within contracted rates.

What are the payment terms for SBI safes procurement in Goa 2026?

Payment terms require GST-compliant invoicing; GeM submission must include GST payment confirmation. Specific advance or milestone payments are not disclosed; ensure timely delivery and commissioning to avoid payment delays.

What are the anchoring and lock requirements for the SBI safes?

Anchoring arrangements must be provided as per IS 550 Table 2, along with the required number of lock keys per that table. Include detailed anchoring hardware specs and key-count in your technical bid, with ISI marking to validate compliance.

What is the scope of supply for SBI margao safes tender 2026?

Scope includes supply, installation, testing, and commissioning of safes. The price must cover all costs, including on-site work at Margao branch. Ensure documentation confirms GeM GST compliance and on-site acceptance testing criteria.

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