Progress
State Bank Of India invites bids for an A CLASS FBR CASH SAFE in Munger, Bihar. The tender references a cash safe procurement with no stated BOQ items. The contract includes a flexible quantity option allowing up to 25% increase over the bid quantity and a similar extension during the currency of the contract. No explicit estimated value or start/end dates are published. The unique clause enables procurement flexibility for SBI’s cash management needs. This opportunity targets suppliers with capability to supply bank-grade safes and readiness to accommodate option-driven expansions.
Product/service: A CLASS FBR CASH SAFE
Quantity/scale: Not specified (no BOQ items)
Estimated value: Not disclosed
Delivery: Not specified; option clause governs quantity/delivery timing
Quality/standards: Not specified; no ISI/ISO references provided
Key Term 1: Quantity may be increased up to 25% at contracted rates
Key Term 2: Delivery period adjustments calculated by (additional/original quantity) × original delivery period with a 30-day minimum
Key Term 3: SBI reserves right to extend delivery during contract currency
Not specified in the tender data; bidders should expect SBI standard bank payment terms per contract
Delivery period to commence from last date of original delivery order; extended period applies if option exercised, with minimum 30 days
Not specified in the tender data; bidders should confirm LD terms in final contract
Experience in supplying bank-grade safes or similar security equipment
GST registration and PAN compliance
Ability to meet SB I procurement terms including option quantity clause
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
7 Days
EMD Required
No
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
Min. Avg. Annual Turnover
35
OEM Avg. Turnover
3
Past Performance
50 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
A CLASS FBR CASH SAFE
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)
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Munger
Delivery Pincodes
811214
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Ajoy Kumar Singh | 811214,SBI, RBO, OPP SAFIABAD POLICE STATION, SAFIABAD, DIST. MUNGER | Munger | Bihar | 811214 | 1 | 15 | - |
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Discover companies most likely to bid on this tender
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar security equipment supply
Financial statements (last 2-3 years)
EMD submission proof/document
Technical bid document outlining compliance for A CLASS FBR CASH SAFE
OEM authorization letter (if bidding on behalf of OEM)
Any bank-specific compliance certificates
Key insights about BIHAR tender market
Bidders should prepare GST registration, PAN, experience certificates, financial statements, and EMD proof to participate. Ensure submission of technical bid outlining compliance for A CLASS FBR CASH SAFE, and obtain OEM authorization if bidding on behalf of an OEM. Delivery terms follow the 25% quantity option clause.
The purchaser reserves the right to increase or decrease the quantity by up to 25% of the bid quantity at contract placement and during contract currency at contracted rates. Ensure your bid accounts for this via a flexible quantity plan and delivery timeline.
Submit GST certificate, PAN, experience certificates for similar cash safe supply, financial statements, EMD proof, and a Technical bid. If bidding on behalf of an OEM, include OEM authorization. All documents must align with State Bank of India procurement norms.
No explicit standards are listed in the tender data. Bidders should reference SBI bank-grade security equipment norms and provide documentation showing compliance with bank security equipment expectations, plus any internal SBI quality guidelines during submission.
Delivery period terms hinge on the last date of the original delivery order, with potential extension if the quantity increases. The minimum extended delivery period is 30 days. Exact dates will be in the final contract and order amendments.
Eligibility includes demonstrated experience in supplying security safes or similar equipment, valid GST registration and PAN, financial stability evidence, and readiness to meet the 25% quantity option and delivery terms. OEM authorizations may strengthen eligibility.
Required docs include GST registration, PAN, experience certificates for bank-grade safes, financial statements, EMD proof, technical bid demonstrating compliance with A CLASS FBR CASH SAFE, and OEM authorization if applicable. Ensure all documents are current and verifiable.
Payment terms are not explicitly stated in the tender data; bidders should expect SBI-standard bank payment terms in the final contract, including milestone-based or delivery-based payments, with clear EMD and performance-related conditions.