Bank Of Baroda Safes (V3) ISI Marked to IS 550 Tender 2026 - Bank Procurement of Security Equipment

Tender Overview

Bank Of Baroda invites bids for Safes (V3) ISI Marked to IS 550 compliance under the Bank/Financial Services sector. The procurement focuses on standard safes meeting IS 550 classifications with details on the number of doors and gross internal volume, as per IS 550 Table requirements. The tender mentions an option clause allowing up to 25% quantity variation during contract execution, with delivery periods tied to the last delivery order date and extended timelines calculated on a proportional basis. The project scope emphasizes ISI certification and IS 550 compliance for secure storage solutions in a banking environment. The opportunity targets suppliers with proven manufacturing capability for bank-grade safes and the ability to adhere to strict quality standards.

Technical Specifications & Requirements

• Product category: Safes (V3), ISI Marked, IS 550 compliant
• Classification: per Table 1 of IS 550 (Class / Classification Code)
• Physical: Number of Doors as specified in tender; Gross Internal Volume (L) per Table 2 of IS 550
• Standards: IS 550 standard for safe classification and sizing; ISI Marked certification
• Quality/Certifications: ISI registration, IS 550 conformity, bank-grade security features
• Delivery/Scope: Supports bulk bank procurement with potential quantity adjustment; delivery period aligned to original order plus extension rules
• Terms impact: 25% quantity variation option; extended delivery calculations with minimum 30 days
• Location: Tender envisions banking security equipment deployment in India, with standard procurement protocols

Terms, Conditions & Eligibility

• EMD and payment terms are defined in buyer terms; bidders must plan for typical bank EMD submission
• Eligibility emphasizes conformity to ISI marking and IS 550 classification, with capability to meet bank security standards
• Delivery reliability and ability to scale quantities within the 25% variation window are essential
• Compliance with procurement terms including extended delivery timelines and order renewal clauses is required
• Documentation to prove certification, manufacturing capability, and quality management may be requested
• Warranty, penalties, or AMC terms are to be observed per standard bank tender practices