Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Surat Gujarat 2026
Progress
Tender Overview
Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in Surat, Gujarat (394101), with an estimated value of ₹4,520,000 and an EMD of ₹90,000. The procurement targets ISI-marked safes meeting the IS 550 standard, enabling secure cash management for PNB branches. The scope emphasizes compliant product delivery to a banking operator within the state, with option quantity adjustments up to 25% and extended delivery windows. Key differentiators include mandatory service-center coverage in the consignee state and a defined turnover threshold to qualify bidders.
Technical Specifications & Requirements
- Product category: Safes (V3) ISI Marked to IS 550 (Q2) – no separate BOQ items reported.
- Estimated value: ₹4,520,000; EMD: ₹90,000.
- Delivery/option clause: Purchaser may increase/decrease quantity by up to 25%; delivery period adjusted proportionally with minimum 30 days.
- Service capability: functional Service Centre in-state for carry-in warranty; if not present, required to establish within 30 days of award; payment contingent on evidence of service capability.
- Financials: bidder must provide last three years’ turnover evidence; if established <3 years, use post-incorporation turnover.
- Documentation: DD/online EMD submission; hardcopy to buyer within 5 days of bid end/open date.
- Compliance: missing certificates/documents may lead to rejection; adhere to ATC terms and any corrigenda.
Terms, Conditions & Eligibility
- EMD requirement: ₹90,000; option to pay via Demand Draft payable to “PUNJAB NATIONAL BANK CO SURAT” with scanned DD proof uploaded.
- Turnover criterion: average annual turnover over last three years as per bid document; audited balance sheets or CA certificate for turnover to be uploaded.
- Delivery terms: option clause allows up to 25% quantity variation; delivery start from final delivery order date with extended periods calculated as (additional/original) × original days, min 30 days.
- Service centers: in-state availability mandatory for carry-in warranty; if not present, establish within 30 days of award; payment after evidence.
- Documentation: bidders must upload all certificates/documents sought in the Bid Document/ATC/Corrigendum; non-compliance leads to rejection.
- Submission: hardcopy EMD to reach within 5 days of bid end/open date; contact Lobh Chan for ATC guidance if needed.
Key Specifications
-
Safes (V3) ISI Marked to IS 550 (Q2) – no explicit BOQ items
-
Estimated value: ₹4,520,000; EMD: ₹90,000
-
IS 550 compliance; ISI marking where applicable
-
Minimum service center requirement in state; 30-day post-award establishment window
-
Delivery period adjustments: up to 25% quantity variation with minimum 30 days
-
DD payable in Surat; hardcopy delivery within 5 days of bid end date
Terms & Conditions
-
EMD of ₹90,000; DD payable to PNB Co Surat or equivalent online
-
Service center in-state required; establish within 30 days if absent
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Turnover criterion based on last 3 financial years; CA certificate acceptable
Important Clauses
Payment Terms
EMD paid via DD or online; payment release contingent on service-center proof and documentary evidence
Delivery Schedule
Delivery period adjustable with 25% quantity variation; minimum 30 days extension; starts from last date of original delivery order
Penalties/Liquidated Damages
LD clauses referenced in ATC; exact percentage not disclosed in provided data
Bidder Eligibility
-
Last three years turnover meeting bidder criteria with audited statements or CA certificate
-
Must have or establish in-state service center within 30 days of award
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Comply with ISI marking and IS 550 standard for safes
Tender Data
Bid Details
Quantity
3
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
3 Days
Preference & Exemptions
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
Requirements
Min. Avg. Annual Turnover
22
OEM Avg. Turnover
180
Past Performance
80 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
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)
Advisory Bank
PUNJAB NATIONAL BANK
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Surat
Delivery Pincodes
395010
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Shubhi Raj Singh | 395010,PNB CO SURAT, 4RTH FLOOR, TULSI KRUPA ARCHADE, PARTVAT PATIA, NR AAI MATA CHOWK, SURAT, GUJARAT | Surat | Gujarat | 395010 | 3 | 15 | - |
Authority Records
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Documents 4
GeM-Bidding-9852695.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
1
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Required Documents
GST registration certificate
PAN card
Audited financial statements for last 3 years or CA certificate showing turnover
EMD via Demand Draft or proof of online payment
Technical bid documents and product specifications
OEM authorizations (if applicable)
Service center establishment proof or plan to establish in-state
Experience certificates for similar safes/IS 550 projects
Any certificates required by ATC/Corrigendum
Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid for safes ISI marked tender in Surat Gujarat 2026
Bidders must meet eligibility criteria including last three-year turnover, EMD ₹90,000 via DD or online, GST/PAN submission, and IS 550 compliance. Prepare service-center proof in-state or a plan to establish within 30 days post-award; upload all required documents and Certificates per ATC.
What documents are required for the PNB safes procurement in Surat
Submit GST certificate, PAN card, Audited financial statements or CA certificate for turnover, EMD DD copy, technical bid, OEM authorizations if any, service-center proof/plan, and experience certificates for similar safes projects; ensure adherence to ATC and corrigenda.
What are the delivery terms for quantity variation in this tender
The purchaser may vary quantity by up to 25% at placement; extended delivery time follows (additional/original) × original delivery days with a minimum of 30 days. Delivery begins from the last date of the original delivery order.
What standards and certifications are required for safes in this bid
Bidders must supply ISI marked safes compliant with IS 550; ensure ISI certification and alignment with IS 550 requirements; provide certificates with bid submission and confirm warranty terms via ATC.
What is the EMD amount for the PNB Surat safes tender
EMD is ₹90,000 payable via Demand Draft to PUNJAB NATIONAL BANK CO SURAT or through approved online payment; scanned DD proof must be uploaded and hardcopy delivered within 5 days of bid end/open date.
What is the delivery timeline after bid award for safes in Gujarat
Delivery period follows original contract terms; any extension due to option clause must maintain a minimum 30 days and be calculated proportionally to the quantity variation, starting after the original delivery order date.