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State Bank of India Safes Tender ISI Marked to IS 550 V3 2026

Bid Publish Date

17-Jun-2026, 2:57 pm

Bid End Date

20-Jun-2026, 3:00 pm

Progress

Issue17-Jun-2026, 2:57 pm
AwardPending
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Quantity

42

Bid Type

Two Packet Bid

Tender Overview

The State Bank of India (SBI) invites bids for ISI Marked safes categorized under V3 ISI to IS 550 standards, targeting secure storage solutions for banking operations. The procurement emphasizes ISI certification, IS 550 classifications, safe door count, and gross internal volume specifications. With a possible quantity adjustment of up to 25% during or after contract award, vendors should prepare for scalable delivery. The tender focuses on standardized security equipment for SBI’s financial services operations, highlighting compliance with IS 550 and ISI marks as differentiators. This opportunity requires rigorous adherence to safety, classification, and dimension criteria.

Technical Specifications & Requirements

  • Category: GENERAL REQUIREMENTS – IS 550 classification format (Class / Classification Code) per Table 1.
  • Category: GENERAL REQUIREMENTS – Number of Doors in Safe.
  • Category: PHYSICAL REQUIREMENTS – Standard Size of Safe (Gross Internal Volume in L) per Table 2 of IS 550.
  • Standards: ISI Marked and IS 550 compliant.
  • Product Scope: Safes intended for SBI secure storage, with ISI certification and V3 classification.
  • Delivery/Dimensions: Exact door configuration and internal volume to be provided; classification governs size and capacity.
  • Documentation: Evidence of ISI certification and IS 550 compliance required; no BOQ items available.

Terms, Conditions & Eligibility

  • Quantity Flexibility: 25% up or down at contract placement and during currency at contracted rates.
  • Delivery Timeline: Delivery period linked to original date of delivery order; extended timelines if option clause exercised, with minimum 30 days.
  • Compliance: Bidders must adhere to option clause and provide delivery as per revised orders; all safes to be ISI marked and IS 550 compliant.
  • Bid Documentation: Submission must include ISI/IS 550 certification evidence; no BOQ items to reference; ATC may apply.

Key Specifications

    • Product category: ISI Marked safes compliant with IS 550 (V3) categorization
    • Classification: Safe classified per Table 1 IS 550 (Class / Classification Code)
    • Doors: Number of doors as specified in tender (no fixed count provided in BOQ)
    • Internal volume: Gross Internal Volume (L) per Table 2 IS 550
    • Certification: ISI Mark and IS 550 compliance required
    • Dimensions/Performance: Delivery of exact measurements and performance metrics upon bid submission
    • Documentation: Certification proofs to be included with bid

Terms & Conditions

  • EMD not disclosed in data; submit as per tender terms if required

  • Quantity may vary up to 25% during/after contract at contracted rates

  • Delivery period starts from last date of original delivery order; extended by option clause

Important Clauses

Payment Terms

No explicit payment terms provided; bidders should anticipate standard government banking procurement terms.

Delivery Schedule

Delivery commencement from the last date of original delivery order; additional time proportionate to extra quantity with minimum 30 days.

Penalties/Liquidated Damages

No LD details provided; standard contract provisions may apply for delays.

Bidder Eligibility

  • Experience in supplying ISI marked safes or security equipment

  • Demonstrated capability to meet IS 550 standard classifications

  • Financial capacity to undertake procurement with potential 25% quantity variation

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

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 5

GeM-Bidding-9481386.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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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) AAA / TRTL – 90 × 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)

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN)

3

Experience certificates for similar security equipment projects

4

Financial statements (latest year)

5

EMD/Security deposit documentation (as applicable)

6

Technical compliance certificates (IS 550, ISI marks)

7

OEM authorization or manufacturer’s certificate (if bidding as dealer)

Frequently Asked Questions

Key insights about TAMIL NADU tender market

How to bid for SBI ISI marked safes tender in India 2026

Bidders must submit GST, PAN, and financials along with ISI certification proving IS 550 compliance. Provide OEM authorization if bidding as dealer, and attach ISI/IS 550 certificates for each safe model. Expect possible 25% quantity variation; prepare scalable delivery plans and confirm dimensions per Table 2 IS 550.

What documents are required for safes procurement in SBI tender 2026

Required documents include GST certificate, PAN, experience certificates for similar projects, latest financial statements, EMD documentation if applicable, and technical compliance certificates showing ISI marking and IS 550 conformity, plus OEM authorization statements where applicable.

What are IS 550 standards and ISI marks required for safes

Tenders demand safes that are ISI marked and IS 550 compliant, with classification per Table 1 and gross internal volume per Table 2. Suppliers must provide ISI certificates and document safes’ class codes and door configurations to meet SBI’s security criteria.

When is delivery required for SBI safes tender 2026

Delivery terms allow an initial schedule tied to the last date of the original order. If the quantity increases by up to 25%, extended delivery time is calculated as (additional/original) × original period with a minimum of 30 days.

What is the 25% quantity option in SBI tender terms

The purchaser may increase or decrease the bid quantity by up to 25% at contract award and during currency at contracted rates. Delivery timing will adjust proportionally, ensuring minimum 30 days for any extended period.

What standards and certifications must safes meet SBI procurement

Safes must be ISI marked and IS 550 compliant, with classification per Table 1 and internal volume per Table 2. Provide official ISI certificates and product specifications, including door count and dimensional data for SBI review.

What competitive documentation is needed for SBI bank safes

Submit GST, PAN, experience certificates, financial statements, EMD documents if required, and OEM authorizations. Include technical bids demonstrating IS 550 compliance, ISI marks, and product dimensions to satisfy SBI’s technical criteria.

How to verify SBI safes bid eligibility in 2026

Check that your product line includes ISI marked safes with IS 550 classification. Verify OEM authorization, provide ISI/IS 550 documentation, and ensure your organization has financial statements and experience certificates for similar security equipment projects.

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