State Bank of India Safes (V3) ISI Marked to IS 550 Bid Siwan Bihar 2026

Tender Overview

State Bank of India (SBI), Department of Financial Services, seeks to procure Safes (V3) ISI Marked to IS 550 for deployment in Siwan, Bihar 841203. Procurement scope references IS 550 classifications, safety features, and physical dimensions; specific volumes and door configurations will follow IS 550 Table 2. Estimated value and EMD are not disclosed in the provided data. The tender emphasizes ISI certification and IS 550 conformity as a differentiator, with a focus on permissible quantity variation up to 25% under the option clause. The buyer reserves rights to adjust quantity during contract performance, ensuring continuity of security equipment supply. Unique element: alignment with BIS/ISI standards for banking-grade safes and the option-based delivery management. This tender targets suppliers with proven capability in ISI-marked bank safes and familiarity with government procurement terms for State Bank of India.

Technical Specifications & Requirements

• Standard: IS 550 (classifications as per IS 550 Table 1)
• Physical: Gross Internal Volume (L) per IS 550 Table 2; overall safe size and internal layout to satisfy banking security needs
• Physical: Number of Doors as per Table 2 requirements; specific configuration to be confirmed during bid
• Locks: Number of lock keys as indicated in IS 550 Table 2; compliance with bank-grade locking mechanisms
• Certifications: ISI Marked safes; compliance with BIS/ISI quality standards; IS 550 conformity essential for bid eligibility
• Delivery: Delivery timelines governed by option clause; quantities may vary up to 25% with contracted rates; delivery period baseline is defined in order
• Delivery Location: SBI banking facilities in Siwan, Bihar; installation readiness a potential requirement
• Tender Context: No BOQ items shown; delivery and installation support may be implied in the final contract terms

Terms, Conditions & Eligibility

• EMD/Deposit: Not disclosed in data; bidders should anticipate standard EMD per SBI tender norms
• Quantity Variability: Up to 25% increase/decrease of bid quantity under option clause
• Delivery Period: Baseline delivery period and extended period calculations per option clause; minimum 30 days rule applies if extended
• Documentation: GST, PAN, experience certificates, financial statements, and OEM authorizations are typically required for SBI procurements
• Standards: IS 550 and ISI Marked certification required; compliance with relevant BIS/ISI guidelines
• Warranty/Support: Not specified here; bidders should verify post-award service terms during tender finalization
• Penalties: Not detailed in data; standard contract LD or penalties may apply per SBI terms