Safes (V3) ISI Marked to IS 550
State Bank Of India (sbi)
JAIPUR, RAJASTHAN
Posted:
8 October 2025
Closed:
17 October 2025
GEM
GEM
State Bank of India Safes (V3) ISI Marked to IS 550 Tender 2025 - SBI Procurement
Progress
Issue29-Oct-2025, 10:43 am
Technical31-10-2025 17:52:08
Financial
AwardCompleted
Quantity
1
Bid Type
Two Packet Bid
Key Highlights
- • Brand/Standard requirement: ISI Marked safes meeting IS 550 (V3) classification
- • Flexibility: quantity variation up to 25% and extended delivery within existing rates
- • Procurement context: State Bank of India safes for financial services equipment
- • Compliance focus: security equipment with IS 550 certification emphasis
- • Delivery policy: option-based delivery timelines linked to original period
- • No explicit BOQ quantities or end-user locations in data provided
Categories
1
Tender Overview
The State Bank of India (SBI) through the Department of Financial Services invites bids for Safes (V3) ISI Marked to IS 550. The notice specifies ISI marking and IS 550 compliance as the fundamental standard for the procurement, highlighting the product category as safes intended for secure financial storage. While exact quantity, value, and delivery timelines are not disclosed, the tender explicitly allows an option for up to 25% variation in ordered quantity and up to 25% extension of contracted quantity at the same rates. This creates a flexible yet defined procurement framework for SBI suppliers.
Technical Specifications & Requirements
- Product category: Safes (V3) ISI Marked to IS 550 (Q2), indicating third-party ISI certification and compliance with the IS 550 standard.
- Standards referenced: ISI Marked status and compliance with IS 550; no additional model-level specifications are provided.
- BOQ: No items listed in theBOQ; no unit quantities available in the current data.
- Tender scope signals a secure storage solution for financial institutions, with emphasis on compliance rather than detailed dimensions in the available excerpt.
- Key qualification implication: bidders must demonstrate capability to supply V3 class safes meeting ISI/IS 550 requirements, even though exact performance metrics are not published.
Terms, Conditions & Eligibility
- Quantity Variation: Purchaser may increase or decrease quantity up to 25% at contract award and during currency of contract at contracted rates.
- Delivery timeline rule: Additional time calculation follows (Increased quantity ÷ Original quantity) × Original delivery period with a minimum of 30 days; extended delivery within the original delivery period allowed.
- EMD, payment terms, warranty, and specific delivery milestones are not disclosed in the provided data; bidders must rely on standard government bid terms and SBI practices.
- Bidders must comply with option clause and provide commitments for flexible order quantities and corresponding delivery performance.
Key Specifications
-
Product category: Safes (V3) ISI Marked to IS 550
-
Standards: ISI Marked, IS 550 compliance
-
Quantity: Not disclosed in data; bidders should plan for large volumes as per SBI procurement norms
-
Quality: Emphasis on standard compliance rather than detailed dimensional data in the excerpt
-
OEM/Brand: Not specified; bidders may need OEM authorization if applicable
Terms & Conditions
-
Key Term 1: Quantity variation up to 25% at contract placement and during currency
-
Key Term 2: Delivery period extensions follow a defined formula with a 30-day minimum
-
Key Term 3: Compliance with ISI Mark and IS 550 is mandatory
Important Clauses
Payment Terms
No explicit payment terms stated; bidders should anticipate standard SBI/ Govt terms per RFQ
Delivery Schedule
Delivery extension rules tied to additional quantity; minimum 30 days; extensions may occur within original period
Penalties/Liquidated Damages
No LD details provided; bidders should reference general GOV terms for non-performance penalties
Bidder Eligibility
-
Experience in supplying ISI-marked security safes or similar banking equipment
-
Demonstrable financial stability with adequate turnover
-
Compliance with IS 550 and related safety standards
Documents 3
GeM-Bidding-8523248.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Past Similar Tenders
(Historical Results)
5 found
Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Udaipur Rajasthan 2026
Punjab National Bank (pnb)
UDAIPUR, RAJASTHAN
Posted:
31 January 2026
Closed:
17 February 2026
GEM
Safes (V3) ISI Marked to IS 550
Punjab National Bank
INDORE, MADHYA PRADESH
Posted:
19 December 2025
Closed:
22 December 2025
GEM
Punjab National Bank Safes ISI Marked to IS 550 Tender 2025 in Punjab - V3 Security Safe Procurement
Punjab National Bank
HISAR, HARYANA
Posted:
26 December 2025
Closed:
5 January 2026
GEM
State Bank of India Safes V3 ISI Marked to IS 550 Tender 2025 Bihar
State Bank Of India (sbi)
SARAN, BIHAR
Posted:
26 December 2025
Closed:
5 January 2026
GEM
Tender Results
Loading results...
Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Experience certificates demonstrating prior supply of ISI-marked safes or similar security equipment
4
Financial statements showing annual turnover
5
EMD/Security deposit submission proof (amounting to not specified in data; bidders should prepare per tender norms)
6
Technical bid documents demonstrating ISIMark compliance and IS 550 conformity
7
OEM authorizations if bidding on behalf of manufacturers
8
Any ISO/quality certificates or BIS certifications relevant to safes
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | GREAT VALUE TRADEMART PRIVATE LIMITED Under PMA | Make : GODREJ SECURITY SOLUTIONS Model : GODREJ 61-DEFENDER PRIME SAFE CLASS AAA | 31-10-2025 17:52:08 | Qualified |
| 2 | NEEL KIRAN SALES Under PMA | Make : GUNNEBO Model : Optimus BIS-AAA 345 2KL+BACS 16D | 01-11-2025 11:25:07 | Qualified |
| 3 | STEADFAST INFRA SOLUTIONS PRIVATE LIMITED Under PMA | Make : Guardwel Model : Guardwel AAA /TRTL – 90x6 Safe - 1340 | 01-11-2025 11:03:26 | Qualified |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | GREAT VALUE TRADEMART PRIVATE LIMITED(MII) Under PMA | ₹14,13,900 | Item Categories : Safes (V3) ISI Marked to IS 550 |
| L2 | NEEL KIRAN SALES (MII) Under PMA | ₹14,15,300 | Item Categories : Safes (V3) ISI Marked to IS 550 |
| L3 | STEADFAST INFRA SOLUTIONS PRIVATE LIMITED (MII) Under PMA | ₹14,16,500 | Item Categories : Safes (V3) ISI Marked to IS 550 |
Frequently Asked Questions
Key insights about RAJASTHAN tender market
How to bid on SBI safes tender in India 2025 with ISI marking
Bidders must demonstrate ISI Mark and IS 550 compliance, supply capabilities for V3 safes, and submit documents such as GST, PAN, experience certificates, and financial statements. Ensure OEM authorizations if bidding for manufacturers and prepare EMD as per SBI terms to participate.
What documents are required for SBI safes procurement 2025
Required documents include GST certificate, PAN card, experience certificates, financial statements, EMD submission proof, OEM authorizations if applicable, and technical compliance certificates showing ISI/IS 550 conformity for safes.
What are ISI Marked safes IS 550 requirements for SBI bid
Bidders must supply safes that are ISI Marked and conform to IS 550 standards for banking security. Provide evidence of certification, model conformity, and manufacturing traceability in the bid package to meet SBI procurement expectations.
When is the delivery period for SBI safes tender in 2025
The tender allows an option clause for delivery quantity up to 25% with extended delivery time based on the formula. The minimum period is 30 days for any extension, with original delivery periods controlling the extended timeline.
What is the EMD requirement for SBI safes procurement
The exact EMD amount is not disclosed in the data; bidders should refer to the tender notice and prepare the EMD in the standard SBI government format, typically a fixed amount or % of estimated value as per bid norms.
How to verify ISI 550 compliance for safes in SBI tender
Verify ISI Marked status and ensure safes meet IS 550 criteria. Obtain certification documents from the manufacturer or authorized agency, include test reports and certification numbers, and attach them to the technical bid to prove compliance.
What is the procurement scope for SBI Department of Financial Services
The scope centers on Safes (V3) ISI Marked to IS 550 for SBI deployments under the Department of Financial Services, with quantity flexibility up to 25% and necessary certification and delivery compliance as part of the bid package.
Which brands or OEMs are preferred for SBI safes supply 2025
The tender data does not specify preferred brands; bidders should rely on ISI 550 compliance and ISI Marked safes specifications, with OEM authorization where applicable and certification documentation to support brand claims.
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Documents 3
GeM-Bidding-8523248.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS