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Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Bokaro Jharkhand 2026

Bid Publish Date

03-Jul-2026, 10:37 pm

Bid End Date

21-Jul-2026, 10:00 am

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Progress

Issue03-Jul-2026, 10:37 pm
Technical21-07-2026 06:45:22
Financial
AwardCompleted
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Quantity

7

Bid Type

Two Packet Bid

Categories 1

Tender Overview

Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in Bokaro, Jharkhand. The procurement focuses on ISI-certified safes meeting IS 550 classification, with defined gross internal volume, door configuration, anchoring provisions, and lock-key specifications. The contract contemplates quantity-flexibility with a 25% option to increase or decrease orders, and a variable delivery timeline aligned to the last delivery order date. This tender emphasizes compliance with the IS 550 standard, security hardware integrity, and installation readiness to support bank safe operations.

  • Organization: Punjab National Bank
  • Location: Bokaro, Jharkhand (825102)
  • Product category: Safes (V3) ISI Marked to IS 550
  • Estimated value / EMD: Not disclosed
  • Key differentiator: ISI Marked to IS 550 with anchoring and lock-key requirements; quantity option up to 25%

Technical Specifications & Requirements

  • Category: GENERAL REQUIREMENTS; IS 550 Class/Classification Code per Table 1
  • Category: GENERAL REQUIREMENTS; Number of Doors in Safe
  • Category: PHYSICAL REQUIREMENTS; Gross Internal Volume (L) per Table 2 IS 550
  • Category: PHYSICAL REQUIREMENTS; Anchoring Arrangement provided
  • Category: LOCKS; Number of lock keys as per Table 2, row x(a)
  • Standards: IS 550; ISI Marked; Security hardware compliance
  • Delivery expectations: Delivery timeline tied to original delivery order; option period uses proportional extension calculation
  • Bid terms: 25% quantity variation permitted; rates fixed for contracted quantity

Terms, Conditions & Eligibility

  • EMD: Amount not disclosed; bidders must comply with standard EMD submission per bank tender rules
  • Delivery: Delivery period tied to last date of original order; extension rules apply under option clause
  • Documents: GST, PAN, Experience certificates, Financials, Technical compliance, OEM authorizations
  • Warranty / Penalties: Penalties or LD not explicitly stated; standard compliance expected
  • Eligibility: ISI Marked to IS 550 safes; anchoring and lock-key specifications met; vendor capability to supply guaranteed installation

Key Specifications

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

  • Quantities/volumes: Not disclosed; quantity variation up to 25% allowed

  • EMD / estimated value: EMD not disclosed; estimated value not provided

  • Experience: Not specified in data; must meet IS 550/Safe category requirements

  • Quality/compliance: ISI Marked, IS 550 compliant; anchoring provisions; lock-key specifications

Terms & Conditions

  • Option clause allows ±25% quantity variation at placement and during currency

  • Delivery period linked to last original delivery order date with pro-rata extension

  • IS 550 standard and ISI marking mandatory; anchoring and lock-key details required

Important Clauses

Payment Terms

No explicit payment terms provided; bidder should adhere to standard bank procurement terms and schedule

Delivery Schedule

Delivery period begins from last date of original delivery order; extended time governed by option clause formula

Penalties/Liquidated Damages

No specific LD figure stated; general procurement penalties may apply for non-compliance

Bidder Eligibility

  • IS 550 compliant safes with ISI marking

  • Evidence of anchoring capability and lock-key compliance

  • Ability to supply with up to 25% quantity variation and adhere to delivery terms

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

25

Delivery Locations

1

Delivery Cities

Bokaro

Delivery Pincodes

827004

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Priya Ranjan Kumar827004,PUNJAB NATIONAL BANK, PNB HOUSE CITY CENTRE, SECTOR -4, B S CITY JHARKHAND 827004BokaroJharkhand827004725-

Authority Records

MINISTRY OF FINANCEPUNJAB NATIONAL BANK

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Documents 5

GeM-Bidding-9558158.pdf

Main Document

GeM Category Specification

GEM_CATEGORY_SPECIFICATION

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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) AA / TRTL – 60 × 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
LOCKS Number of lock keys on safe (as per point x (a) of Table 2) 2

Required Documents

1

Experience Criteria

2

Past Performance

3

Bidder Turnover

4

Certificate (Requested in ATC)

5

OEM Authorization Certificate

6

OEM Annual Turnover

7

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

8

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

2 Updates
#1

Update

14-Jul-2026
#2

Update

14-Jul-2026

Extended Deadline

21-Jul-2026, 10:00 am

Opening Date

21-Jul-2026, 10:30 am

Technical Results

S.No Seller Item Date Status
1
HORIZON   Under PMA
Make : GODREJ SECURITY SOLUTIONS Model : GODREJ 61-DEFENDER PRIME SAFE CLASS AA With 16 Dra21-07-2026 06:45:22
2
INNOVATIVE WORLD   Under PMA
Make : GUNNEBO Model : Optimus BIS-AA 345 2KL+ BACS 2D 2S Anch.20-07-2026 22:26:58
3
METHODEX SYSTEMS PRIVATE LIMITED   Under PMA
Make : METHODEX Model : METHODEX SAFE 61 AA CLASS BIS21-07-2026 00:00:27

Financial Results

Rank Seller Price Item
L1
HORIZON(MII)   Under PMA
Item Categories : Safes (V3) ISI Marked to IS 550
L2
METHODEX SYSTEMS PRIVATE LIMITED (MII)   Under PMA
Item Categories : Safes (V3) ISI Marked to IS 550
L3
INNOVATIVE WORLD (MII)   Under PMA
Item Categories : Safes (V3) ISI Marked to IS 550

Frequently Asked Questions

Key insights about JHARKHAND tender market

How to bid for safes tender in Bokaro Jharkhand 2026?

To bid, ensure ISI Marked to IS 550 safes, provide GST/PAN, experience certificates, financials, and OEM authorizations. Include anchoring and lock-key details, and be prepared for a 25% quantity variation. Adhere to delivery terms tied to the last delivery order date.

What documents are required for Punjab National Bank safes bid in Jharkhand?

Submit GST certificate, PAN card, experience certificates, financial statements, EMD, technical bid documents, and OEM authorizations. Ensure ISI marking and IS 550 compliance are demonstrated for safe categories and anchoring provisions.

What are the technical specifications for ISI safes under IS 550?

Specifications include classification of safes (Table 1), Number of Doors, Gross Internal Volume (L) per Table 2, required anchoring arrangement, and lock-key counts as per IS 550. Bids must prove ISI certification and anchoring compatibility.

When is delivery expected for the Bokaro safes procurement?

Delivery period starts from the last date of the original delivery order. If the option clause is exercised, the extension is calculated as (additional quantity/original quantity) × original delivery period, with a minimum of 30 days.

What is the EMD amount for the safes tender in Bokaro Jharkhand 2026?

The EMD amount is not disclosed in the tender data. Bidders should monitor the official tender portal for EMD value, payment method, and submission deadlines aligned with Punjab National Bank procurement rules.

Which standards must safes meet for Punjab National Bank procurement?

Bidders must supply ISI marked safes compliant with IS 550. Additional requirements include anchoring provisions and specific lock-key configurations per Table 2. Ensure documentation demonstrates standard compliance and manufacturing capability.

What are the payment terms for Punjab National Bank safes supply?

Payment terms are not explicitly stated. Respondents should anticipate standard banking procurement terms, with verification of delivery milestones and potential milestone-based payments following ISI and IS 550 compliance verification.

How will quantity variation affect delivery for this tender?

Up to 25% variation is allowed. The delivery timeline adjusts proportionally based on the formula linked to the original delivery period, ensuring minimum 30 days extension when applicable.