Bank Of Baroda Safes (V3) ISI Marked to IS 550 Tender 2026 India – IS 550 Classifications, V3, Bank Procurement

Tender Overview

Bank Of Baroda invites bids for Safes (V3) ISI Marked to IS 550 as part of its security equipment procurement program in India. The category emphasizes Table 1 IS 550 classifications and Number of Doors in Safe as a core criterion, alongside the Gross Internal Volume per Table 2 IS 550. The tender references an ISI-certified, IS 550-compliant product set and requires bidders to align with the IS 550 framework for safe classification and physical dimensions. With zero BOQ items currently listed, the opportunity centers on compliance, quality assurance, and delivery readiness for safes meeting V3 ISI Marked standards. A flexible quantity clause under the option provision indicates potential quantity variations of up to 25% during contract execution. This contract focuses on standard safes for banking sector use, underscoring strict adherence to safety and regulatory specifications.

Technical Specifications & Requirements

• Category: GENERAL REQUIREMENTS; Classification per IS 550 Table 1 (Class/Classification Code) for safes
• Category: GENERAL REQUIREMENTS; Number of Doors in Safe
• Category: PHYSICAL REQUIREMENTS; Standard Size of Safe (Gross Internal Volume in Liters) per IS 550 Table 2
• Product Standard: ISI Marked safes, IS 550 compliant
• Quality & Certification: ISI/ISI Mark certification required; safes must meet the specified class and door configuration
• Delivery & Scope: Procurement scope aligned to bank’s dimension and security standards; no BOQ items listed presently
• Option Clause: Delivery quantity may vary up to 25% during contract at contracted rates; extended delivery period applies with calculated time formula

Terms, Conditions & Eligibility

• EMD/Security: Not explicitly stated in data; bidders must confirm as per bank policy
• Delivery Timeline: Delivery period to commence from the last date of original delivery order; extension rules apply under option clause
• Payment Terms: Not specified; bidders should anticipate standard banking procurement terms and clarify within bid
• Documentation: Standard organization documents likely required (GST, PAN, and ISI/certifications); OEM authorization may be required
• Eligibility: Demonstrated capability to supply ISI-marked safes conforming to IS 550 with ISI certification; track record in security equipment for banking sector is favorable
• Penalties/Warranty: Not detailed; bidders should verify warranty and LD terms during bid submission
• Contract Flexibility: Right to modify quantity by up to 25% during contract and extend delivery as per option clause