State Bank of India Safes (V3) ISI Marked to IS 550 Tender Banswara Rajasthan 2026

Tender Overview

The State Bank of India (Department of Financial Services) based in Banswara, Rajasthan invites bids for ISI Marked safes categorized as V3 to IS 550. The procurement scope specifies a safes solution with ISI certification, located in Banswara, Rajasthan 327001, for a government banking security requirement. The contract includes a buyer option to adjust quantity by up to 25% during order placement and during currency, with delivery timelines tied to the last delivery date and extended periods calculated per the option clause. The unique clause enables flexible quantities at contracted rates, ensuring continuity of secure storage for SBI branches across the region. Bidders should prepare to meet IS 550 compliance and ISI marking requirements, with emphasis on secure construction and tamper-resistant design.

Technical Specifications & Requirements

• Product category: ISI marked safes (V3) aligned to IS 550 standard
• Certification: ISI marking and IS 550 compliance
• Delivery flexibility: Additional quantity up to 25% of contracted quantity; timing formula: (additional quantity ÷ original quantity) × original delivery period, minimum 30 days; extension possible up to original delivery period
• Location: Banswara, Rajasthan 327001; procurement supports SBI banking security needs in the region
• BOQ: No listed items; indicates a framework for safes rather than fixed quantities
• EMD/Value: Not disclosed in the data; bidders should anticipate standard EMD processes for SBI tenders

Terms, Conditions & Eligibility

• Option Clause: Quantity can be revised by up to 25% at contract award and during currency
• Delivery Period: Calculated extension mechanism based on original delivery period; minimum 30 days for added quantity
• Compliance: Bidders must honour extended delivery timelines and the contracted rates during option exercise
• Documentation: Submit standard bidder documents and ISI/IS 550 conformity proofs; ensure GST/PAN as required for SBI tenders
• Payment: Not specified; bidders should anticipate SBI procurement payment norms typical for non-IS commodity tenders
• Warranty: Not specified; assume standard warranty terms per SBI security equipment procurement