Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Cuttack Odisha 2026
Progress
Tender Overview
Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in Cuttack, Odisha. Bid scope covers supply, installation, testing, commissioning, operator training, and necessary statutory clearances. Estimated value is not disclosed; however, an EMD of ₹184,647 applies. The Category specifies ISI marking to IS 550 and compliance with the V3 safe standard. The contract allows up to 25% quantity variation at award and during the currency, with delivery timelines linked to the original order date and extended period calculations. A key differentiator is the option clause for flexible quantity management and the requirement for a fully functional service center in the consignee state if carry-in warranty applies.
Technical Specifications & Requirements
- Product: Safes (V3), ISI Marked to IS 550 (Q2 category)
- Standards: IS 550 compliance; ISI marked safes
- Scope: Supply, Installation, Testing, Commissioning, operator training, and statutory clearances if any
- Warranty/Service: Dedicated service centers in each consignee state; on-site vs carry-in warranty terms; escalation matrix and toll-free service contact required
- Delivery: Option clause allows up to 25% additional quantity; baseline delivery period applies; minimum additional time 30 days
- Documentation: EMD payable via DD to Circle Head, PNB, Cuttack; submission of DD proof and hard copy within 5 days post bid opening
- Certificates: Ensure upload of all certificates as per ATC/Corrigendum; mandatory compliance for bid acceptance
Terms, Conditions & Eligibility
- EMD: ₹184,647; payment via Account Payee DD to CIRCLE HEAD, PUNJAB NATIONAL BANK, CO CUTTACK; scanned DD proof required
- Delivery terms: Delivery period based on original order date; additional time formula follows (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
- Service support: Functional service center in the State of each consignee location; establish within 30 days of award; payment after evidence of center
- Support channels: Dedicated toll-free service number and escalation matrix required
- Documentation: Upload all mandatory certificates and documents; failure leads to rejection
- Placement notes: Option to increase/decrease quantity up to 25% during contract; compliance with ATC and Corrigendum
Key Specifications
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Product category: Safes (V3) ISI Marked to IS 550
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EMD: ₹184,647
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Delivery: 25% quantity variation option; minimum 30 days extra delivery period
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Standards: IS 550 compliance; ISI marking
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Service: Functional Service Centre in each consignee state; 30-day establishment window
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Documentation: DD proof along with bid; hard copy within 5 days of bid opening
Terms & Conditions
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EMD amount and DD payment to PNB Cuttack
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25% quantity variation rights during contract
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30-day service center establishment requirement
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Dedicated toll-free service and escalation matrix
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Delivery schedule tied to original order date with extended-period calculations
Important Clauses
Payment Terms
EMD ₹184,647 via DD; payment post evidence of functional service centre; DD proof uploaded with bid
Delivery Schedule
Delivery period commences from last date of original delivery order; extended period applies per option clause with minimum 30 days
Penalties/Liquidated Damages
Not explicitly stated; penalties likely as per standard PNB terms and ATC; ensure compliance with all delivery timelines
Bidder Eligibility
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Functional service centre requirement in each consignee state or proven capability to establish within 30 days
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IS 550 ISI Marked safes capability with vendor certification
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Financial capability evidenced by audited statements (where applicable) and EMD compliance
Tender Data
Bid Details
Quantity
8
Bid Type
Two Packet Bid
Bid Validity
45 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 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
46
OEM Avg. Turnover
369
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 45 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
25
Delivery Locations
1
Delivery Cities
Cuttack
Delivery Pincodes
754001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Prasant Kumar Senapati | 754001,1st Floor, Konark Centre, Plot No-766, NH-16, Telengapentha, Cuttack- 754001 | Cuttack | Odisha | 754001 | 8 | 25 | - |
Authority Records
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Documents 4
GeM-Bidding-9845406.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
Experience certificates showing related safes supply/installation
Financial statements (audited, if available)
EMD submission proof (DD) payable to Circle Head, PNB, Cuttack
Technical bid documents and compliance certificates
OEM authorizations (if applicable)
Any statutory clearances or ISI/IS 550 conformity certificates
Frequently Asked Questions
Key insights about ODISHA tender market
How to bid for safes ISI marked to IS 550 tender in Cuttack 2026
Bidders must submit GST, PAN, experience certificates, financials, EMD ₹184,647 via DD to Circle Head, PNB, Cuttack, and technical documents showing ISI/IS 550 compliance. Ensure 30-day service center setup if required and provide proof of service capability. Follow ATC terms and upload DD proof with bid.
What documents are required for Punjab National Bank safes bid Odisha
Required documents include GST certificate, PAN card, experience certificates for safes supply/installation, audited financial statements, EMD DD proof, OEM authorizations, technical compliance certificates, and ISI/IS 550 conformity certificates as applicable. Upload with bid submission.
What are the delivery terms for PNB safes procurement 2026
Delivery starts from the last date of the original delivery order. The option clause allows up to 25% quantity variation, with extended delivery time calculated as (increased quantity/original quantity) × original period, minimum 30 days; ensure adherence to extended schedule if exercised.
What standards apply to safes under this PNB tender in Odisha
Safes must be ISI Marked and comply with IS 550; products classified under V3 category. Certifications or conformity certificates proving ISI and IS 550 compliance must be uploaded with the bid.
What is the EMD amount for the PNB safes tender in Cuttack
The EMD is ₹184,647. Payable via Account Payee Demand Draft in favor of CIRCLE HEAD, PUNJAB NATIONAL BANK, CO CUTTACK. A scanned copy must be uploaded with the bid, with the hard copy delivered within 5 days of bid opening.
How to establish service centers for PNB safes procurement 2026
If no existing service center is in place, bidders must establish one within 30 days of award. Payment is released after documentary evidence of a functional service center is submitted to PNB. Tied to carry-in warranty terms if applicable.
What are the key eligibility criteria for PNB safes tender
Eligibility includes proven experience supplying/installation of ISI-marked safes, financial stability evidenced by financial statements, GST registration, and the ability to comply with ATC requirements. Must meet IS 550 standards and provide OEM authorizations if required.
What is the scope of supply for the PNB safes contract in Odisha
Scope includes Supply, Installation, Testing, Commissioning of safes, operator training, and providing any required statutory clearances. The bid must include all cost components in the bid price, with or without on-site warranty depending on terms.