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Punjab National Bank Safes ISI Marked to IS 550 (V3) Tender Rajkot Gujarat 360001 2026

Bid Publish Date

17-Feb-2026, 6:45 pm

Bid End Date

28-Feb-2026, 4:00 pm

EMD

₹1,46,750

Latest Corrigendum Available

Progress

Issue17-Feb-2026, 6:45 pm
Corrigendum24-Feb-2026
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

5

Bid Type

Two Packet Bid

Key Highlights

  • OEM average annual turnover requirement: ₹200 crore
  • IS ISI marking with IS 550 (V3) classification for safes
  • Anchoring arrangement inclusion in delivery scope
  • Specific EMD amount: ₹146,750
  • Banking sector procurement in Rajkot, Gujarat
  • Table 1 and Table 2 IS 550 references for classification and volume
  • Lock-key quantity as per Table 2 of IS 550
  • No BOQ items; emphasis on conformance and installation readiness

Categories 1

Tender Overview

Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 for procurement in Rajkot, Gujarat (360001). The scope centers on IS 550-compliant safes with V3 classification, including required physical dimensions, door configurations, anchoring provisions, and lock-key quantities. The project bears an EMD of ₹146,750 and mandates sourcing from manufacturers meeting an average annual turnover of ₹200 crore. The bid emphasizes IS 550 conformance, ISI marking, and fulfillment of security equipment standards suitable for banking operations. The absence of BOQ items suggests a standards-based selection with rigid compliance.

Technical Specifications & Requirements

  • Standards/Classification: IS 550 classifcation per Table 1; V3 ISI Marked safes
  • Physicals: Gross Internal Volume as per Table 2 of IS 550; Number of Doors as per IS 550 Table 2; Anchoring Arrangement provided on install
  • Locks: Number of lock keys per Table 2 specification; compliance with IS 550 security requirements
  • Category/Scope: General and physical requirements for banking safes; ISI/BIS conformity preferred; local installation in Rajkot facility
  • Brand/OEM/Quality: OEMs must demonstrate capability for banking-grade safes with ISI certification; ensure compatibility with V3 rating
  • Delivery/Installation: Noted installation readiness in Rajkot; anchoring and secure mounting must be included
  • Documentation/Testing: Evidence of IS 550 compliance and ISI marking; warranty expectations to be aligned with banking standards

Terms, Conditions & Eligibility

  • EMD: ₹146,750 as security deposit
  • Experience/Turnover: OEMs must have average annual turnover of ₹200 crore or more
  • Delivery/Install: Compliance with installation in Rajkot location; anchoring arrangement included
  • Payment Terms: To be clarified in tender; ensure alignment with banking procurement norms
  • Documents: GST, PAN, company registration, ISO/ISI certifications, past project certificates, EMD documentation, OEM authorization
  • Warranty/Penalties: Warranty terms to accompany safe delivery; penalties for non-compliance to IS 550 standards
  • Other: No BOQ items; adherence to ISI/IS 550 conformance is mandatory

Key Specifications

  • Safes must be ISI marked and IS 550 compliant

  • Gross Internal Volume as per Table 2 of IS 550

  • Number of doors as per Table 1/2 of IS 550

  • Anchoring arrangement provided with the unit

  • Lock/key quantity per Table 2 of IS 550

  • V3 security class with ISI status

  • OEMs must demonstrate ₹200 crore+ annual turnover

Terms & Conditions

  • EMD ₹146,750 must be submitted with bid

  • OEMs must have ₹200 crore+ average annual turnover

  • Delivery/install in Rajkot, Gujarat must include anchoring

  • IS 550 and ISI marking mandatory; IS 550 Class as per Table 1

  • No BOQ items; conform to standard specifications only

Important Clauses

Payment Terms

Payment terms to be defined in the bidding document; ensure alignment with RBI banking procurement norms and supplier invoicing after installation

Delivery Schedule

Delivery and installation must be completed within the timeframe specified in the tender, including anchoring and post-installation checks in Rajkot

Penalties/Liquidated Damages

LD norms to be defined; non-conformance to IS 550 standards or late delivery may attract penalties as per buyer terms

Bidder Eligibility

  • Average annual turnover ≥ ₹200 crore (OEM)

  • IS 550 compliant safes with ISI marking

  • Experience proof for similar banking-safe supply projects

  • Authorized OEM/support capabilities for installation and warranty

Documents 4

GeM-Bidding-9001911.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Closed: 23 December 2025
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Technical Specifications 1 Item

Item #1 Details

View Catalog
Category Specification Requirement
GENERAL REQUIREMENTS Classification of Safes (as per Table 1 of IS 550 | Format: Class / Classification Code) AA / TRTL – 60 × 6
GENERAL REQUIREMENTS Number of Doors in Safe Single Door
PHYSICAL REQUIREMENTS Standard Size of Safe (Gross Internal Volume, in L) (As per Table 2 of IS 550) 1340 (336 L)
PHYSICAL REQUIREMENTS Gross Internal Volume (in L | As per table 2 of IS 550) 336
PHYSICAL REQUIREMENTS Anchoring Arrangement provided No
LOCKS Number of lock keys on safe (as per point x (a) of Table 2) 2

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

OEM authorization letter (if applicable)

4

Experience certificates from similar safes supply projects

5

Financial statements / turnover evidence

6

EMD submission receipt or bank guarantee

7

Technical compliance certificates (IS 550 / ISI marks)

8

Product datasheets and installation manuals

Corrigendum Updates

1 Update
#1

Update

24-Feb-2026

Extended Deadline

28-Feb-2026, 4:00 pm

Opening Date

28-Feb-2026, 4:30 pm

Frequently Asked Questions

Key insights about GUJARAT tender market

How to bid for safes tender in Rajkot Gujarat 2026?

Bidders must meet eligibility: OEM turnover ≥ ₹200 crore, IS 550 compliant safes with ISI marking, provide EMD ₹146750, and submit GST, PAN, OEM authorization, experience certificates, financials, and technical compliance. Delivery, anchoring, and lock specifications must align with Table 2 IS 550 requirements.

What documents are required for PNB safes procurement in Rajkot?

Submit GST certificate, PAN, company registration, OEM authorization, experience certificates for banks, financial statements, EMD document, ISI/IS 550 compliance certificates, product datasheets and installation manuals as part of the technical bid.

What standards and certifications are mandatory for safes in this tender?

Mandatory IS 550 classification, ISI marking, and IS 550 Table 2 compliance for gross internal volume, door count, anchoring, and lock-key configuration; OEM must demonstrate ISI certification and security performance suitable for banking use.

When is the EMD required for the safes tender in Gujarat 2026?

EMD must be submitted with the bid as ₹146,750; can be in the form of a demand draft or online payment as per buyer stipulations, ensuring validity through bid submission deadlines.

What are the delivery expectations for Rajkot safes installation?

Delivery includes installation in Rajkot with anchoring arrangements; safes must be installed per IS 550 guidelines and tested for proper locking and anchoring prior to acceptance by Punjab National Bank.

What is the average turnover requirement for OEMs in this tender?

OEMs must demonstrate an average annual turnover of at least ₹200 crore; provided turnover evidence should be included in financial statements and audited reports with the bid.

What is the scope of packaging and warranty for ISI safes tender?

Warranty expectations accompany the safes; ensure packaging protects contents during transit; post-installation warranty terms and service levels should be defined in the bid document and aligned with banking standards.

What is the procurement location and classification for the safes?

Procurement location is Rajkot, Gujarat; safes must be ISI marked and IS 550 compliant, classified under V3 with appropriate door counts, volumes, and anchoring as per Table 1 and Table 2.