Punjab National Bank Safes V3 ISI Marked to IS 550 Tender Odisha 2025

Tender Overview

Punjab National Bank invites bidders for procurement of Safes (V3) ISI Marked to IS 550 (Q2) in BALESWAR, ODISHA - 756001. The tender pertains to security equipment category and focuses on ISI certification and IS 550 compliance. BOQ items are not listed, and the estimated value and EMD are not disclosed, indicating a potential framework or future award. Unique aspects include a standardized quality requirement (ISI Marked), and a two-tier quantity adjustment clause under the option provision that allows up to 25% variation at contract placement or during currency, with delivery time recalculation based on original vs extended quantities. This procurement is positioned as a targeted risk-managed security equipment buy for a public financial institution, with emphasis on conformity to Indian standards and regulatory compliance. The absence of BOQ detail suggests bidders should prepare broad-scale, compliant quotations aligned to IS 550 and V3 safes standards.

Technical Specifications & Requirements

• Organization: Punjab National Bank
• Location: BALESWAR, ODISHA 756001
• Product Category/Standard: Safes (V3) ISI Marked to IS 550 (Q2)
• Certification: ISI Marked safes, IS 550 compliant
• No explicit BOQ items or quantities available
• Key expectations include standard compliance, quality assurance, and supply readiness for a banking sector client
• Delivery and warranty terms are not specified in the available data, implying bidders should plan for standard banking-grade safes with ISI certification and IS 550 alignment

Terms, Conditions & Eligibility

• Option Clause: Purchaser may increase/decrease quantity up to 25% of bid quantity at contract placement; similar extension during currency at contracted rates
• Delivery period and additional time calculation: based on (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
• Compliance: Bidders must adhere to option-based delivery extensions and ensure timely fulfillment under revised quantities
• Other terms: No explicit EMD, payment, or warranty details documented in the provided data; bidders should verify standard PNB procurement terms during bid submission