Progress
Quantity
7
Bid Type
Two Packet Bid
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.
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
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
No explicit payment terms provided; bidder should adhere to standard bank procurement terms and schedule
Delivery period begins from last date of original delivery order; extended time governed by option clause formula
No specific LD figure stated; general procurement penalties may apply for non-compliance
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
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)
Max Delivery Days
25
Delivery Locations
1
Delivery Cities
Bokaro
Delivery Pincodes
827004
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Priya Ranjan Kumar | 827004,PUNJAB NATIONAL BANK, PNB HOUSE CITY CENTRE, SECTOR -4, B S CITY JHARKHAND 827004 | Bokaro | Jharkhand | 827004 | 7 | 25 | - |
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Main Document
GEM_CATEGORY_SPECIFICATION
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
| 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 |
Experience Criteria
Past Performance
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Extended Deadline
21-Jul-2026, 10:00 am
Opening Date
21-Jul-2026, 10:30 am
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | HORIZON Under PMA | Make : GODREJ SECURITY SOLUTIONS Model : GODREJ 61-DEFENDER PRIME SAFE CLASS AA With 16 Dra | 21-07-2026 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 BIS | 21-07-2026 00:00:27 |
| 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 |
Key insights about JHARKHAND tender market
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.
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.
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.
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.
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.
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.
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.
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.
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Main Document
GEM_CATEGORY_SPECIFICATION
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS