State Bank Of India Safes (V3) ISI Marked to IS 550 Tender 2026

Tender Overview

State Bank Of India (SBI), Department Of Financial Services, seeks Safes (V3) ISI Marked to IS 550 compliance for procurement in 2026. Key scope includes safes classified as per IS 550 Table 1, with specifications on the number of doors and gross internal volume (L) as per IS 550 Table 2. The tender emphasizes ISI marking and V3 classification as essential product attributes. The contract accommodates a potential quantity variation up to 25%, with extension mechanics tied to the original delivery period. The BOQ shows no line items, indicating a general requirement for compliant safes rather than a fixed subset. This tender favors suppliers capable of consistent supply under SBI procurement standards and IS 550 compliance.

Technical Specifications & Requirements

• Category: GENERAL and PHYSICAL REQUIREMENTS for safes
• Standards: IS 550 (classification, volume, and door count) and ISI Marked compliance required
• Key specs fromIS 550: Class/Classification Code; number of doors; gross internal volume (L) per Table 2
• Product attributes: V3 ISI Marked safes with specified structural and safety features; exact door counts and volumes to align with IS 550 classifications
• Delivery context: SBI procurement process with potential quantity adjustments; delivery schedule tied to original delivery period and optioned extensions
• Quality/Compliance: emphasis on standard conformance and government procurement norms; no BOQ items indicate universal safe requirements rather than a fixed SKU set
• Eligibility indicators: bidders must demonstrate ISI and IS 550 conformity, and readiness to supply as per SBI terms

Terms, Conditions & Eligibility

• EMD/Deposit: not explicitly stated in the data; bidders should infer SBI practice from standard procurement protocols and confirm with tender terms
• Delivery terms: option clause permits up to 25% quantity variation during contract; delivery period derived from last original order date with formulas for extended time
• Payment terms: unspecified in the data; bidders should await SBI Terms and Conditions and align with typical government tender payment cycles
• Documentation: standard bidder documents (GST, PAN, experience, financials, OEM authorizations) will be required per SBI guidelines; ensure ISI/IS 550 compliance certificates are ready
• BOQ status: No items listed in BOQ; implies generic safe specifications rather than itemized SKUs
• Compliance: bidders must comply with inclusion of option clause and delivery-with-variation provisions; ensure contractual alignment with SBI procurement policies