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

Tender Overview

Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in Bhagalpur, Bihar 812001. Scope centers on ISI-marked safes conforming to IS 550 classifications, with specifics on number of doors, gross internal volume, and anchoring provisions. The procurement targets compliance with IS 550 standards and required safe features, including lock key quantity as per Table 2, ensuring security alignment with banking operations. The contract term contemplates quantity flexibility up to 25% and potential extension of delivery timelines per the option clause, with rates fixed for contracted quantities. Distinctive elements include adherence to table-dictated IS 550 classifications and a guaranteed delivery window linked to the original delivery order. This tender emphasizes standard-compliant, bank-grade safes suitable for secure vaulting and ATM backup needs.

• Organization: Punjab National Bank
• Location: Bhagalpur, Bihar
• Product category: Safes (V3), ISI Marked to IS 550
• Key differentiator: IS 550 compliant, V3 category, anchoring arrangement, lock-key requirements
• Unique aspect: Quantity option clause up to 25% with staged delivery considerations

Technical Specifications & Requirements

• Category: General requirements per IS 550 Table 1: Safe classification code and class.
• Number of doors: specified in the tender as per Table 2 (not disclosed in the extract).
• Internal volume: Gross Internal Volume in litres as per IS 550 Table 2 (exact litres not provided).
• Anchoring: anchoring arrangement must be provided with the safes.
• Locks: number of lock keys per Table 2, point x(a).
• Standards: IS 550; ISI Marked; compliance to banking safety norms.
• Quality emphasis: bank-grade construction and secure locking mechanisms.

Terms, Conditions & Eligibility

• Quantity flex: up to +25% at the time of order; same percentage during contract currency.
• Delivery window: calculated from last date of original delivery order; extended time uses formula: (additional quantity/original quantity) × original delivery period, minimum 30 days.
• Price terms: bid submissions must align with contracted rates for any increased quantity.
• Submission disclosures: bidder must comply with ATC terms uploaded by the buyer.
• EMD and payment terms: not detailed in the extract; typical bank tenders require standard EMD and bankable payment terms.
• Other terms: bidders must adhere to the buyer’s generic terms and any specific ATC documents attached.