Safes (V3) ISI Marked to IS 550
State Bank Of India (sbi)
ADILABAD, TELANGANA
Posted:
1 September 2025
Closed:
11 September 2025
GEM
Tender Overview
Punjab National Bank (PNB), Department of Financial Services, invites bids for Safes (V3) ISI Marked to IS 550 in Visakhapatnam, Andhra Pradesh. Estimated value: ₹4,000,000 with an EMD of ₹80,000. Category targets ISI Marked safes conforming to IS 550 standards; installation and commissioning duties to be handled by OEM or OEM-certified resources. Scope includes potential quantity variation up to 25% during order placement and currency, at contracted rates. This procurement emphasizes compliance with security equipment standards and authorized dealer participation, with a focus on timely delivery and post-installation support. The bid emphasizes supplier capability in government procurement and B2B compliance, with emphasis on ensuring GST alignment and rigorous turnover/experience criteria. Unique points include mandatory OEM authorization and an explicit 3-year govt/PSU supply experience requirement to qualify.
Technical Specifications & Requirements
- Product: Safes (V3), ISI Marked and IS 550 compliant
- Location: Visakhapatnam, Andhra Pradesh 530001
- Estimated value: ₹4,000,000; EMD: ₹80,000
- Quantity variation: up to 25% during contract and extended period, with delivery linked to order dates
- Installation/Training: to be performed by OEM or OEM-certified resources; includes configuration as applicable
- Experience/Turnover: bidder must show 3 years govt/PSU supply experience and provide turnover evidence per bid documents
- Authorisation: OEM authorization or supplier authorization with full details required
- Standards: ISI Marked, IS 550 compliance; GST applicable per quotes
- Delivery: delivery schedule tied to original order plus option period adjustments; minimum delivery time guidance included in option clause
- Documentation: audited turnover or CA certificate to be uploaded; contract copies for prior similar supply to be submitted
Terms, Conditions & Eligibility
- EMD: ₹80,000 (as per tender terms) to be submitted with bid
- Experience: minimum 3 years in supplying same/category products to Central/State Govt or PSUs; must provide contracts supporting yearly quantities
- Turnover: bidder must demonstrate minimum average annual turnover over the last 3 years as specified in bid document, with audited statements or CA certificate
- Installation/Support: OEM or OEM-authorized resources only for installation, commissioning, testing, configuration, training
- Manufacturer Authorization: required when bidding via authorized distributors; full OEM details must be furnished
- GST: eligibility assessment on GST; purchaser reimburses GST per actuals or applicable rate, whichever is lower, within quoted GST percentage
- Delivery Terms: option clause allows quantity increase/decrease up to 25%; delivery time adjustments as defined by the calculation formula; bidder must comply
- Compliance: ensure ISI and IS 550 standards; provide necessary certificates and prior govt/PSU supply evidence; ensure timely delivery and post-supply support
