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

Bid Publish Date

20-Dec-2025, 3:56 pm

Bid End Date

30-Dec-2025, 4:00 pm

Location

BALESWAR , ODISHA

Progress

Issue20-Dec-2025, 3:56 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

4

Bid Type

Two Packet Bid

Key Highlights

  • • Brand/OEM requirements: ISI Marked safes conforming to IS 550 (V3) for banking security.
  • • Technical standards: ISI Marked, IS 550 compliant; V3 categorization mentioned.
  • • Special clauses: Quantity fluctuation up to 25% with extension mechanics during contract.
  • • Eligibility: Banking sector procurement; ensure banking-grade safety equipment compliance.
  • • Warranty/Support: Not specified in available data; verify during bid process.
  • • Penalties/Performance bonds: Not disclosed in current data; confirm in terms.
  • • Delivery: Extended delivery calculations based on original vs extended quantities; minimum 30 days.
  • • Install/Delivery location: BALESWAR, Odisha (756001) for Punjab National Bank.

Categories 1

SAFES

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

Key Specifications

    • Product category: Safes (V3) suitable for banking use
    • Standards: ISI Marked; IS 550 compliant
    • Location: BALESWAR, ODISHA 756001
    • Certification: ISI mark verification and IS 550 conformity
    • BOQ availability: Not provided in tender data

Terms & Conditions

  • Option clause allows ±25% quantity adjustment at contract and during currency

  • Delivery period recalculation follows (Increased quantity ÷ Original quantity) × Original delivery period, min 30 days

  • IS/ISI certification and IS 550 compliance are required for all safe products

Important Clauses

Payment Terms

Not specified in current data; verify in official bid documents from Punjab National Bank.

Delivery Schedule

Delivery period begins after the original delivery order; extended period follows option clause with minimum 30 days.

Penalties/Liquidated Damages

Not disclosed in provided information; must be confirmed in tender terms.

Bidder Eligibility

  • Experience in supplying ISI marked banking safes or equivalent

  • Demonstrated IS 550 compliance for security equipment

  • Financial stability evidenced by recent financial statements

Documents 3

GeM-Bidding-8743840.pdf

Main Document

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Closed: 10 December 2025
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State Bank of India Safes V3 ISI Marked to IS 550 Tender Rajsamand Rajasthan 2025

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Posted: 22 December 2025
Closed: 25 December 2025
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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates for similar safes supply

4

Financial statements demonstrating financial stability

5

EMD/Security deposit documents (if applicable per bank terms)

6

Technical bid documents demonstrating ISI Marked status and IS 550 compliance

7

OEM authorization or dealer certificates (if applicable)

Frequently Asked Questions

Key insights about ODISHA tender market

How to bid for safes tender in Odisha with PNB 2025

Bidders should prepare to meet ISI Marked and IS 550 compliance for Safes (V3), submit GST, PAN, and experience certificates, and provide bank-grade security specifications. Align quotes to potential 25% quantity adjustments, and ensure delivery terms reflect banking sector expectations in Odisha.

What documents are required for PNB safes procurement in Odisha

Required documents include GST registration, PAN card, experience certificates for similar safes supply, financial statements, EMD documentation (if applicable), and OEM authorizations or dealer certificates confirming ISI Marked and IS 550 conformity.

What are the technical specifications for IS 550 compliant safes

Safes must be ISI Marked and IS 550 compliant with banking-grade security. Look for V3 classification, steel thickness specifications, lock type parameters, fire resistance ratings, and certified testing reports from BIS/ISI as part of technical bid documentation.

When is the delivery schedule for PNB safes in Odisha

Delivery timelines are calculated by the option clause: base delivery period with potential increase up to 25% of the original quantity. Added time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days.

What are the EMD and payment terms for this tender

EMD amount is not disclosed in the available data; bidders should confirm exact EMD submission requirements in the official bid documents. Payment terms are also not specified here; typically, bank tenders require milestone-based payments post-delivery and acceptance.

What eligibility criteria are required for PNB Odisha safes

Eligibility includes demonstrated experience in supplying ISI Marked safes, IS 550 compliance, and financial stability evidenced by recent statements. Ensure to provide OEM authorizations and prior banking sector experience to strengthen the bid.

What is the scope of option clause for quantity variation

The purchaser may adjust up to 25% of bid quantity at contract placement and during currency. Delivery time for extensions uses the specified formula, with a minimum extension period of 30 days.