Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender 2026 India

Tender Overview

Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 compliant with IS 550 standards. Tender scope uses Table 1 classifications, requests details on the number of doors, and gross internal volume (L) per Table 2. Location unspecified; procurement aligns with PNB’s security equipment category for safe storage solutions. The bid emphasizes ISI marking, IS 550 conformance, and bidder capability to meet required service and turnover criteria. A key differentiator is the combination of ISI/AAA/TRTL compliant safety equipment with a requirement for OEM turnover capabilities and local service presence. Uniquely, the option clause allows quantity variation up to ±25% and extended delivery windows.

Technical Specifications & Requirements

• Category: GENERAL REQUIREMENTS — Safe classification per Table 1 IS 550 (Class/Classification Code)
• Category: GENERAL REQUIREMENTS — Number of Doors in Safe
• Category: PHYSICAL REQUIREMENTS — Gross Internal Volume (L) per Table 2 IS 550
• Category: PHYSICAL REQUIREMENTS — Standard Size of Safe (Gross Internal Volume in L)
• Category: LOCKS — Number of lock keys per IS 550 Table 2, part (a)
• Standards/Certifications: ISI Marked safes, IS 550 compliance, (potential) OEM authorisation and AAA/TRTL certification
• Delivery/Installation: Delivery timelines governed by option clause; may extend with minimum 30 days if quantity increases; delivery start from last date of original DO
• Financials: Turnover criteria for bidders and OEM; evidence via audited balance sheets or CA certificates; three-year average turnover required
• Service: Functional service centers in consignee state for carry-in warranty; geographic coverage implied by consignee locations

Terms, Conditions & Eligibility

• EMD: Not stated in data; verify on bid portal
• Turnover (Bidder): Minimum average annual turnover over last three years; documentation required (audited balance sheets or CA certificate)
• Turnover (OEM): OEM of offered product must meet turnover criteria; for bunch bids, primary product OEM with highest bid value must meet this
• Service & Support: Functional service centre in the state of each consignee location for carry-in warranty
• GST: Upload scanned GST invoice and GST portal payment confirmation during GeM invoice generation
• Option Clause: Quantity may vary up to ±25% during contract and extended delivery period with formula-based extension
• Delivery: Delivery period starts from last date of original delivery order; minimum 30 days extension for increased quantities
• Documentation: Submission of GST, PAN, turnover certificates, experience certificates, OEM authorizations, and technical compliance documents