Bid Publish Date
10-Sep-2026, 4:42 pm
Bid End Date
17-Sep-2026, 5:00 pm
EMD
₹1,00,000
Location
Progress
Punjab National Bank invites bids for Safes V3 ISI Marked to IS 550 in UJJAIN, MADHYA PRADESH (456001), under a Q2 procurement category. The project specifies a bank-grade safe supply with EMD ₹1,00,000 and a potential quantity adjustment up to 25% as per the option clause. Although the BOQ lists no items, bidders should prepare for ISI-marked safety equipment compliant with IS 550 standards and ensure capability for bank-grade installation and delivery within contractual timelines. The tender emphasizes ATC terms uploaded by the buyer and requires strict adherence to delivery and quantity variation provisions during contract execution.
Product/service: Safes (V3) ISI Marked to IS 550
EMD: ₹100,000
Location: Ujjain, Madhya Pradesh
Standard: ISI Marked, IS 550 compliant
Delivery terms: +25% quantity variation permissible
ATC: Buyer-uploaded terms
EMD amount and submission method
Quantity variation up to 25%
Delivery timelines linked to original order and extended period
Not explicitly stated beyond EMD; bidders must rely on standard bank procurement terms as per ATC
Delivery commences from the last date of the original delivery order; extended time calculation applies with minimum 30 days
Not specified in available data; ATC may define LD/penalties
Experience in supplying/installing ISI-marked safes or similar banking security equipment
Valid GST and PAN; financial statements demonstrating stability
Compliance with IS 550 and ISI certification requirements
Quantity
10
Bid Type
Two Packet Bid
Bid Validity
60 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
3 Days
EMD Required
Yes
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Min. Avg. Annual Turnover
5
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Safes (V3) ISI Marked to IS 550 (Q2)
Advisory Bank
PUNJAB NATIONAL BANK
Max Delivery Days
30
Delivery Locations
1
Delivery Cities
Ujjain
Delivery Pincodes
456001
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Himanshu Meshram | 456001,pnb circle office Ujjain | Ujjain | Madhya Pradesh | 456001 | 10 | 30 | - |
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Main Document
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar safes supply/install
Financial statements (last 3 years) or turnover evidence
EMD submission proof (₹100,000)
Technical bid documents showing ISI/IS 550 compliance
OEM authorizations or dealership certificates (if applicable)
Key insights about MADHYA PRADESH tender market
Bidders must submit GST, PAN, EMD ₹100,000, and technical compliance showing ISI Marked safes to IS 550. Review the ATC document uploaded by the buyer, ensure IS 550 compliance, and prepare installation capability and delivery plan within contemplated timelines.
Required documents include GST certificate, PAN, 3-year financials, experience certificates for similar safes supply, EMD proof of ₹100,000, OEM authorization (if applicable), and technical bid demonstrating ISI/IS 550 compliance and bank-grade installation capability.
No BOQ items published; core requirement is safes that are ISI marked and IS 550 compliant for V3 category. Vendors should provide certification details, model numbers, capacity and installation readiness aligned with bank standards.
The Earnest Money Deposit for this safes tender is ₹100,000. Submit via the prescribed method as per ATC; ensure refund or adjustment per tender terms after bid evaluation as specified by the bank.
Delivery begins after the last date of the original delivery order; extension is allowed via the option clause up to 25% more quantity, with minimum 30 days added if extended delivery occurs.
Bidders must supply ISI-marked safes that are IS 550 compliant for the V3 category. Ensure model numbers, certificates, and audit reports confirm conformance to these standards and bank procurement expectations.
The purchaser may increase or decrease quantity by up to 25% at contract award and during the currency of the contract at contracted rates; delivery time adjusts proportional to the variation with a minimum 30 days extension.
Bidders must view and comply with the Buyer Uploaded ATC document. Prepare bid submissions that align with ATC terms, ISI/IS 550 standards, EMD, and delivery/installation requirements for bank-grade safes.