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Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Visakhapatnam Andhra Pradesh 2025

Bid Publish Date

27-Nov-2025, 8:03 pm

Bid End Date

04-Dec-2025, 8:00 pm

EMD

₹80,000

Value

₹40,00,000

Progress

Issue27-Nov-2025, 8:03 pm
Technical12-Apr-2025, 3:36 pm
AwardPending
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Quantity

5

Bid Type

Two Packet Bid

Categories 1

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

Key Specifications

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

  • Quantities/values: Estimated value ₹4,000,000; EMD ₹80,000

  • Standards: IS 550 compliant; ISI Marked

  • Installation/commissioning: OEM or OEM-certified resource required

  • Experience: 3 years in govt/PSU supply of similar safes; prior contracts to be attached

Terms & Conditions

  • EMD amount and submission method as per tender terms

  • 3 years govt/PSU supply experience with contract copies

  • OEM authorization or OEM-certified installation requirement

Important Clauses

Payment Terms

GST treatment on quoted rates; reimbursement per actuals or applicable rates (whichever lower), within quoted GST percentage

Delivery Schedule

Quantity may vary up to 25% at order placement and during contract; delivery period linked to last date of original delivery order with extension formula

Penalties/Liquidated Damages

Not explicitly stated in provided data; ensure compliance with delivery timelines and performance as per Govt terms

Bidder Eligibility

  • 3 years govt/PSU supply experience for similar safes

  • Audited turnover statements for last 3 financial years

  • OEM authorization or OEM-certified installation capability

  • Authorized dealer/partner with OEM authorization form submission

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 DEPARTMENTPUNJAB NATIONAL BANK

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Documents 4

GeM-Bidding-8645598.pdf

Main Document

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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)

8

Additional Doc 2 (Requested in ATC)

9

Additional Doc 3 (Requested in ATC)

10

Additional Doc 4 (Requested in ATC)

11

Compliance of BoQ specification and supporting document *In case any bidder is seeking exemption from Experience / Turnover Criteria

12

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

Technical Results

S.No Seller Item Date Status
1
ANANTHA ENTERPRISES   Under PMA
Make : GODREJ SECURITY SOLUTIONS Model : GODREJ 61-DEFENDER PRIME SAFE CLASS A04-12-2025 15:36:12
2
CRM ENTERPRISES PRIVATE LIMITED   Under PMA
Make : GUNNEBO Model : Optimus BIS-A 345 2KL+BACS 16C04-12-2025 18:17:44
3
METHODEX SYSTEMS PRIVATE LIMITED   Under PMA
Make : METHODEX Model : METHODEX SAFE 61 A CLASS WITH BIO-BIS04-12-2025 15:50:01
4
MIRARBINDO ENGINEERING PRIVATE LIMITED   Under PMA
Make : BMS Model : BMS SAFE 1340 A CLASS04-12-2025 17:18:40
5
SAFEAGE SECURITY PRODUCTS PRIVATE LIMITED   Under PMA
Make : Safeage Model : Durasafe Class A 1340 WITH BIOMETRIC LOCK04-12-2025 16:18:18
6
VIKSAR INNOVATIONS PRIVATE LIMITED   Under PMA
Make : Guardwel Model : Guardwel Safe A/TRTL 30x6 - 134004-12-2025 15:08:16

Frequently Asked Questions

Key insights about ANDHRA PRADESH tender market

How to bid for ISI Marked safes tender in Visakhapatnam 2025?

Bidders must submit EMD ₹80,000, GST details, and OEM authorization with full contact data. Provide 3 years govt/PSU supply experience, audited turnover documentation, and prior contracts for similar safes. Ensure IS 550 compliance and ISI Mark certification with installation by OEM-certified personnel; delivery timelines follow the option clause.

What documents are required for Punjab National Bank safes bid 2025 Visakhapatnam?

Required documents include GST registration, PAN, audited financial statements or CA certificate showing 3-year turnover, experience contracts proving govt/PSU supply, OEM authorization or authorized distributor letter, installation/commissioning capability proof, and ISI/IS 550 compliance certificates for safes.

What are the technical specifications for ISI safes in this tender?

Safes must be ISI Marked and IS 550 compliant with V3 category. While detailed specs are not provided, bidders must demonstrate ISI certification, V3 rating, and adherence to IS 550 standards, with installation supported by OEM-certified personnel.

When is the delivery deadline and how is extension handled for quantity changes?

Delivery timing follows the last date of the original delivery order; option clause allows up to 25% quantity increase/decrease at contracted rates. Extended delivery time calculation is (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.

What are the EMD and turnover requirements for bidders in this procurement?

EMD is ₹80,000. Turnover must meet the minimum average annual turnover specified in the bid document for the last 3 financial years, supported by audited statements or CA certificate; foreign entities must also provide appropriate turnover evidence.

How does OEM authorization affect eligibility for this safes tender in Andhra Pradesh?

Bidders must submit Manufacturer Authorization with OEM details (name, address, email, phone). Installation and commissioning must be performed by OEM-certified resources or OEM-authorized resellers, ensuring compliance with ISI/IS 550 standards.

What standards and certifications are mandatory for this safes procurement?

Mandatory ISI Mark and IS 550 compliance for safes; installation by OEM-certified personnel; provide OEM authorization and relevant govt/PSU supply certificates to demonstrate capability and compliance with security equipment standards.

What is the scope of the 25% option clause in this tender?

The purchaser may increase or decrease order quantity up to 25% at contracted rates. If exercised during extended delivery, time is recalculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days.