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

Bid Publish Date

10-Jun-2026, 1:03 pm

Bid End Date

15-Jun-2026, 5:00 pm

Progress

Issue10-Jun-2026, 1:03 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Categories 1

Tender Overview

State Bank of India invites bids for Safes (V3) ISI Marked to IS 550 standard, targeting secure storage solutions across India. The procurement focuses on ISI Marked safes complying with IS 550 and identifies the scope as safes supply contract under SBI’s Department of Financial Services. While the tender does not disclose an estimated value or quantities, the inclusion of an option clause up to 25% quantity variation signals flexible demand and bulk ordering potential. Unique differentiator lies in the ISI/V3 specification alignment and the possibility of staged deliveries aligned with extended timelines. This tender emphasizes compliance with official safety standards and vendor capability to scale up to fluctuating orders within contract rates.

Technical Specifications & Requirements

  • Product category: Safes (V3) ISI Marked to IS 550.
  • Standards: ISI Marked, IS 550 compliant for safe storage security.
  • Delivery terms: Option to increase/decrease quantity by up to 25% of bid quantity at contract, with staged delivery based on the last delivery order date; extended time computed as (additional quantity / original quantity) × original delivery period, minimum 30 days; may extend to original delivery period during option.
  • BOQ & specs data: No BOQ items listed; no explicit quantity or value provided; emphasis on standard conformity and scalable procurement.

Terms, Conditions & Eligibility

  • EMD: Not specified in data; bidders should verify tender terms for deposit requirements.
  • Delivery: Delivery period tied to last date of original order; extended duration rules apply per option clause with minimum 30 days.
  • Price/contract: Contracted rates apply for increased quantities; no fixed quantity guarantee beyond 25% variation.
  • Documents: Standard GST, PAN, experience/capability proofs, and technical compliance certificates typically required; OEM authorizations may be necessary for ISI/IS 550 compliance.

Key Specifications

  • Product/service names: ISI Marked Safes, V3 grade

  • Standards: IS 550 compliance, ISI mark

  • Quantities/values: 25% quantity variation allowed; no fixed bid quantity disclosed

  • Certifications: ISI, IS 550; OEM authorization possibly required

  • Delivery: extended timelines based on option clause; minimum 30 days

Terms & Conditions

  • 25% quantity variation allowed at contract and during currency

  • Delivery period calculated with minimum 30 days extension

  • Must meet ISI Marked and IS 550 standards for safes

Important Clauses

Payment Terms

Not specified in data; bidders should confirm terms in the official bid document

Delivery Schedule

Delivery timeline follows last date of original delivery order; extended time calculation applies with 30-day minimum

Penalties/Liquidated Damages

Not detailed in provided data; potential LDs may be specified in full tender terms

Bidder Eligibility

  • Proven experience in supplying ISI marked safes or equivalent security equipment

  • Demonstrated capability to meet IS 550 standard requirements

  • Eligible to participate in government procurement contracts in India

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 DEPARTMENTSTATE BANK OF INDIA
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Documents 3

GeM-Bidding-9448061.pdf

Main Document

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar safes procurement

4

Financial statements or turnover evidence

5

EMD/Security deposit documentation (as applicable in terms)

6

Technical bid documents demonstrating ISI 550 compliance

7

OEM authorization/authorized dealer certificates (if applicable)

Frequently Asked Questions

Key insights about RAJASTHAN tender market

How to bid for safes ISI Marked to IS 550 SBI tender in India

To bid, ensure ISI Marked safes meet IS 550, obtain OEM authorizations if required, submit GST and PAN, provide experience with security equipment, and attach technical compliance certificates. The tender may allow up to 25% quantity variation at contract, with delivery timelines based on last order date.

What documents are required for SBI safes procurement in India

Required documents typically include GST certificate, PAN card, financial statements, experience certificates for similar safes projects, EMD documents, and technical compliance certificates proving ISI/IS 550 standards. OEM authorization may strengthen bid validity for ISI marked products.

What standards must safes meet for SBI ISI tender in India

Bidders must provide safes that are ISI Marked and IS 550 compliant for V3 category. Provide ISI certificate, IS 550 test reports, and OEM approvals. Ensure product meets security performance criteria and warranty terms outlined in bid terms.

When is the delivery timeline for SBI safes procurement 2026

Delivery timing follows the last date of the original delivery order, with option-driven extension computed as (additional quantity / original quantity) × original period, minimum 30 days. Extended delivery may occur within contract limits at the bidder’s risk.

What is the EMD requirement for SBI safes tender 2026

EMD details are not provided in the data; bidders should check the full bid document. Prepare to submit an EMD as per tender terms, commonly a fixed amount or percentage of estimated value, payable via online payment or bank demand draft as specified.

What is the scope of quantity variation in SBI safes tender

The purchaser reserves the right to alter quantity up to 25% of bid quantity at contract initiation and during currency. This requires bid preparation with scalable production capacity and clear pricing for increased quantities within contracted rates.

What certifications are required for SBI safes suppliers

Suppliers must demonstrate ISI Marked status with IS 550 compliance for V3 safes, include ISI certificate and test reports, and provide OEM authorizations if required by the tender. Compliance documents should be attached to the technical bid.

How to verify eligibility for SBI procurement of safes in 2026

Verify eligibility by confirming ISI Mark, IS 550 compliance, demonstrated supply experience in security equipment, financial stability documents, GST/PAN validity, and OEM authorizations. Ensure capability to meet potential 25% quantity variation and delivery terms.

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