Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender 2025
Bid Publish Date
17-Nov-2025, 12:15 pm
Bid End Date
01-Dec-2025, 4:00 pm
EMD
₹1,00,000
Value
₹50,00,000
Location
Progress
Quantity
4
Bid Type
Two Packet Bid
Key Highlights
- • Brand/ OEM requirements: Installation by OEM or OEM-certified resource, or OEM-authorised reseller
- • Technical standards: ISI Marked, IS 550 compliant safes required
- • Quantity flexibility: 25% order quantity increase/decrease during contract
- • Delivery timeline: Extension rules based on original delivery period with minimum 30 days
- • Eligibility: 3 years govt/PSU supply experience; annual turnover criteria for bidder and OEM
- • Warranty/after-sales: Not specified in data; ensure clarification in bid
- • Penalties: Not detailed; adhere to option clause and delivery obligations
- • Documentation: Strong emphasis on contracts of prior supply and financials
- • OEM turnover: Separate turnover criteria for OEM may apply
Categories
1
Tender Overview
Punjab National Bank seeks Safes (V3) ISI Marked to IS 550 for procurement under a government financial services mandate. Estimated value: ₹5,000,000 with an EMD of ₹100,000. Location not specified; project involves centralized supply to PNB/DFS channel with a primary requirement for OEM-backed delivery and installation. The contract allows a 25% quantity fluctuation during the initial order and again within the contract period, at contracted rates. The delivery clock starts from the last date of the original delivery order, with minimum extension rules clearly defined. Unique clause ensures extension time scales with quantity and original delivery period, preserving minimum 30 days.
- Emphasis on OEM installation, commissioning, testing and training by OEM-certified resources or OEM-authorised resellers.
- Eligibility hinges on demonstrated experience supplying similar Category Products to central/state govt bodies for at least 3 years and meeting minimum average turnover as per the bid document. OEM turnover criteria are also specified.
- The scope targets government procurement for safes meeting ISI Marked, IS 550 compliance and relevant security standards, with supplier capability to demonstrate prior contracts.
Technical Specifications & Requirements
- Product name/category: Safes (V3) ISI Marked to IS 550. No detailed technical specs published in the BoQ.
- Estimated value: ₹5,000,000; EMD: ₹100,000.
- Standards/compliance: ISI Marked, IS 550 compliance required.
- Delivery & installation: Installation by OEM or OEM-certified resource; deployment timing per option clause; delivery period adjustments based on quantity fluctuation.
- Experience/Turnover: Minimum 3 years govt/PSU supply experience; separate OEM turnover requirements.
- Contract flexibility: 25% quantity variation allowed during order and currency; minimum 30 days extension rule when applicable.
Terms, Conditions & Eligibility
- EMD: ₹100,000; payment/escrow terms as per tender; eligibility requires tracking performance on prior govt contracts.
- Experience: Bidder or OEM must have supplied similar safes to Central/State Govt or PSU for 3 years prior to bid opening; contract copies to be submitted.
- Turnover: Minimum average annual turnover over the last 3 years; audited balance sheets or CA certificate to be uploaded.
- OEM turnover: OEM’s three-year average turnover meeting bid document criteria; relevant financial documentation required.
- Delivery terms: Delivery schedule anchored to last date of original delivery order; option-driven extensions governed by formula and minimum 30 days.
- Training & support: Installation/commissioning/Testing/Training to be performed by OEM/OEM-certified personnel.
Key Specifications
-
- Product/service: Safes (V3) ISI Marked compliant with IS 550
-
- Estimated contract value: ₹5,000,000; EMD: ₹100,000
-
- Installation/commissioning: OEM or OEM-certified resource required
-
- Experience: Minimum 3 years govt/PSU supply experience for similar safes
-
- Turnover: Bidder and OEM to meet minimum average turnover as per bid document
Terms & Conditions
-
EMD requirement: ₹100,000; funds to be deposited as per terms
-
Delivery flexibility: 25% quantity variance allowed during/after contract
-
Installation: OEM/OEM-certified personnel must perform installation and testing
Important Clauses
Payment Terms
Payment terms aligned with standard govt procurement; EMD due at bid stage; payments on delivery/acceptance as per contract
Delivery Schedule
Delivery period begins from last date of original delivery order; extended period triggers based on formula (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
Penalties/Liquidated Damages
Penalties/LD terms not explicitly defined; adherence to delivery/installation milestones is essential per option clause
Bidder Eligibility
-
Minimum 3 years of govt/PSU supply experience for similar safes
-
Bidder and OEM must meet the turnover criteria for last 3 financial years
-
Evidence via contracts and audited financial statements or CA certificate
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Safes (V3) ISI Marked to IS 550 (Q2)
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 4
GeM-Bidding-8591717.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates from prior govt/PSU contracts
Audited financial statements for last 3 years or CA certificate turnover
OEM authorisation or resellership documents
Evidence of EMD payment (DD/online transfer receipt)
Technical bid/compliance certificates specifically for ISI Marked to IS 550
Contract copies demonstrating supply of similar safes to government bodies
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | ANANTHA ENTERPRISES Under PMA | Make : GODREJ SECURITY SOLUTIONS Model : GODREJ 61-DEFENDER PRIME SAFE CLASS AA | 01-12-2025 13:35:11 | |
| 2 | CRM ENTERPRISES PRIVATE LIMITED Under PMA | Make : GUNNEBO Model : Optimus BIS-AA 345 2KL 2D 2S | 01-12-2025 15:21:19 | |
| 3 | METHODEX SYSTEMS PRIVATE LIMITED Under PMA | Make : METHODEX Model : METHODEX SAFE 61 AA CLASS WITH BIO-BIS | 01-12-2025 15:51:41 | |
| 4 | VIKSAR INNOVATIONS PRIVATE LIMITED Under PMA | Make : Guardwel Model : Guardwel Safes AA/TRTL 60x6 - 1340 | 01-12-2025 15:31:04 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | CRM ENTERPRISES PRIVATE LIMITED(MII) Under PMA | Item Categories : Safes (V3) ISI Marked to IS 550 | |
| L2 | VIKSAR INNOVATIONS PRIVATE LIMITED (MII) Under PMA | Item Categories : Safes (V3) ISI Marked to IS 550 | |
| L3 | ANANTHA ENTERPRISES (MII) Under PMA | Item Categories : Safes (V3) ISI Marked to IS 550 | |
| L4 | METHODEX SYSTEMS PRIVATE LIMITED (MII) Under PMA | Item Categories : Safes (V3) ISI Marked to IS 550 |
Contract / Result Documents 1
Please sign in or create an account to view contract details and download result documents.
Frequently Asked Questions
Key insights about ANDHRA PRADESH tender market
How to bid for safes ISI Marked IS 550 tender in Punjab?
Bidders must submit EMD of ₹100,000, GST, PAN, 3-year govt contract experience, and turnover evidence. Include OEM authorisation and ISI/IS 550 compliance certificates. Ensure installation by OEM-certified staff and demonstrate prior supply to govt bodies. Provide contract copies and financials; follow option clause delivery rules.
What documents are required for Punjab National Bank safes procurement bid 2025?
Submit GST certificate, PAN, experience contracts with govt bodies, audited financials or CA turnover certificate for 3 years, OEM authorization, EMD payment proof, technical compliance certificates for ISI Marked safes, and prior supply contracts highlighting quantities and values.
What are the delivery extension rules for quantity fluctuations in this tender?
Delivery can extend based on the formula: (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum 30 days. The purchaser may extend up to the original delivery period while exercising the option clause; last date of original delivery order anchors start of extension.
What standards must safes meet for Punjab National Bank procurement?
Safes must be ISI Marked and IS 550 compliant. Ensure compliance certificates and testing results are included in the bid, and provide OEM documentation validating production under these standards.
What is the estimated value and EMD for this safes tender in 2025?
The contract is valued at ₹5,000,000 with an EMD of ₹100,000. Submit EMD via online payment or demand draft as per bid terms; ensure funds are ready before bid submission deadlines.
What years of govt/PSU experience are required for bidders?
Bidders must demonstrate at least 3 years of regular supply of similar safes to Central/State Govt or PSU entities, with contract copies for each year submitted alongside the bid.
Can OEM turnover requirements affect bid evaluation in this procurement?
Yes. The OEM must meet minimum average turnover over the last three years, with audited balance sheets or CA certificates uploaded. If the bidder is a constituent, both bidder and OEM turnover must satisfy the criterion.
What installation responsibilities are specified for this safes procurement?
Installation, commissioning, testing and training, if applicable, must be performed by OEM or OEM-certified personnel or OEM-authorised resellers, ensuring proper handover and service readiness.
Explore More Opportunities
Unlock Tender Documents
Sign up now to access all documents
Documents 4
GeM-Bidding-8591717.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS