Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Baleswar Odisha 2026
Progress
Key Highlights
- • Brand/marking requirements: ISI Marked safes, IS 550 compliance
- • Technical standards: IS 550 (Table 1 Classification; Table 2 Volume), Class A designation
- • Delivery flexibility: 25% quantity variation during bid/contract period
- • EMD amount: ₹160,000; estimated contract value ₹8,000,000
- • Multisite deployment: Odisha branch locations including Barapada, Huguli, Joda, Nilgiri, Jhumpara, Chandua, Jaraka
- • Warranty/AMC details: not specified in provided data
Tender Overview
Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in Baleswar, Odisha (756001). Estimated value is ₹8,000,000 with an EMD of ₹160,000. Scope covers general requirements for safe classification per IS 550 and physical specs including safe door count and gross internal volume. The procurement targets multiple branch locations in Odisha, with unit class specified as Class A safes (per ATC entries). The bid allows quantity variation up to 25% at contract award and during currency, with delivery timing calculated if extended. Key differentiators include ISI marking, adherence to IS 550, and multi-location deployment.
Technical Specifications & Requirements
- Standards: IS 550 (Table 1 classification and Table 2 gross internal volume), ISI Marked safes.
- Product classification: Safes categorized by Table 1 (Classification Code) and Class A designation in the ATC list.
- Physical attributes: Number of Doors in safe; Gross Internal Volume as per Table 2 of IS 550.
- Delivery scope: Multiple locations across Odisha with generic delivery terms; option clause permits up to 25% quantity variation at contract.
- Financials: Estimated value ₹8,000,000; EMD ₹160,000.
- ATC examples: Gold Safe and various branches listed with ₹10,00,000.00 estimated price per location; Class A.
- Documentation implications: ISI marking and IS 550 compliance required.
Terms, Conditions & Eligibility
- EMD: ₹160,000 (tender security).
- Quantity variation: Purchaser may increase/decrease up to 25% of bid/contract quantity.
- Delivery timeline: Commences from the last date of original delivery order; extended period uses a calculated formula with minimum 30 days.
- Classification: Compliance with IS 550 and ISI marking; Class A safes for eligible locations.
- ATC commitments: Delivery at listed branch sites; ATC terms are binding on bidders.
Key Specifications
-
IS 550 compliance with Table 1 classification and Table 2 gross internal volume
-
IS I Marked safes (ISI certification) with Class A designation
-
Number of Doors per safe to be specified per item; standard safe configurations
-
Gross Internal Volume: as per IS 550 Table 2; exact litres required per location
-
Delivery at multiple Odisha locations listed in ATC; consistency with Gold Safe/Class A specs
Terms & Conditions
-
EMD ₹160,000; ISI Marked safes to IS 550 Class A
-
Quantity variation allowed up to 25% during award and currency
-
Delivery period starts from last original delivery order; minimum extension 30 days
Important Clauses
Payment Terms
Not specified in data; bidders should expect standard govt terms and contract payment on delivery/invoicing per PNB procurement policy
Delivery Schedule
Delivery period calculated from last date of original delivery order; extended time proportionate to quantity variation, minimum 30 days
Penalties/Liquidated Damages
Not specified in data; bidders should anticipate standard LD as per Punjab National Bank terms
Bidder Eligibility
-
Experience in supplying ISI marked safes or security equipment
-
Demonstrated turnover aligned with project scale (min ₹8,000,000 estimated contract)
-
Compliance with IS 550 and ISI certification requirements
Tender Data
Bid Details
Quantity
8
Bid Type
Two Packet Bid
Bid Validity
90 (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
40
OEM Avg. Turnover
300
Past Performance
10 %
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
15
Delivery Locations
1
Delivery Cities
Baleshwar
Delivery Pincodes
756001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| ANURAG GHOSH | 756001,PNB Circle office, C/C PNB Branch Office , Iti Chhak, Nayabazar, Balasore-756001 | Baleshwar | Odisha | 756001 | 8 | 15 | - |
Authority Records
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Documents 5
GeM-Bidding-10081679.pdf
Main Document
CATALOG-Specification-1
CATALOG Specification
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 for similar safes supply
Financial statements (audited or own turnover proof)
EMD instrument (DD/online payment receipt) for ₹160,000
Technical bid documents confirming ISI Mark and IS 550 compliance
OEM authorizations or manufacturer certifications (if applicable)
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) | A / TRTL – 30 × 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) |
Frequently Asked Questions
Key insights about ODISHA tender market
How to bid for safes tender in Baleswar Odisha 2026?
Bidders must submit GST, PAN, experience certificates, financials, and EMD ₹160,000. Ensure ISI marking and IS 550 compliance, provide Class A specification, and confirm gross internal volume per Table 2. Delivery to multiple Odisha locations is expected; include ATC details and unit prices.
What documents are required for Punjab National Bank safes procurement 2026?
Required documents include GST certificate, PAN, experience certificates for similar supplies, audited financials, EMD instrument for ₹160,000, technical bid with ISI/IS 550 compliance, and OEM authorizations if applicable. Prepare per TAR terms and ownership proofs.
What are the technical specifications for IS 550 safes in this tender?
Technical specs demand IS 550 classification (Table 1) and gross internal volume (Table 2), ISI marking, and Class A designation. Number of doors and exact litre capacity per safe must be specified, aligned to IS 550 format for bank-grade security.
When is the quantity variation allowed in this PNB safes tender?
The Purchaser reserves the right to increase or decrease quantity up to 25% of bid quantity at award and during currency, with delivery time adjusted proportionally based on the original delivery period.
What is the estimated contract value and EMD for this safes tender?
Estimated contract value is ₹8,000,000 with an EMD of ₹160,000. Ensure payment of EMD through appropriate instrument and provide security as per bank procurement guidelines.
Which locations are specified for delivery of safes in Odisha?
ATC entries list multiple branches in Odisha (e.g., Huguli, Barapada, Badbil, Chandua, Jajpur/Jarka, Jhumpara, Nilgiri, Joda). Bidders must prepare branch-wise delivery plans and pricing according to Class A safes.
What standards must safes comply with for SBI procurement style
Safes must be ISI Marked and IS 550 compliant, with Class A designation as per local ATC. Ensure both marking and standard references are clearly stated in technical bid and OEM documentation.
How should delivery terms be structured for the Odisha safes tender?
Delivery terms hinge on the last original delivery order date; extensions depend on the 25% quantity variation rule. Minimum extension time is 30 days, and bidders should align mobilization and site readiness with bank facilities across Odisha.