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State Bank of India Safes (V3) ISI Marked to IS 550 Tender 2025 - SBI Procurement 2025

Bid Publish Date

28-Oct-2025, 5:38 pm

Bid End Date

07-Nov-2025, 6:00 pm

Location

SRINAGAR , JAMMU AND KASHMIR

Progress

Issue28-Oct-2025, 5:38 pm
AwardPending
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Quantity

15

Bid Type

Single Packet Bid

Categories 1

SAFES

Tender Overview

The opportunity is issued by the State Bank Of India (SBI) under the Department Of Financial Services for procurement of Safes (V3) ISI Marked to IS 550. The tender pertains to a safes category with the emphasis on ISI marking and IS 550 compliance. Location and estimated value are not disclosed; EMD details are not provided. A distinctive feature is the buyer’s option to adjust quantities by up to 25% during contract execution, with delivery timelines linked to the original and extended periods. This procurement targets suppliers with ISI/ISI Marked products and the ability to meet SBI’s security equipment standards.

Technical Specifications & Requirements

  • Product/category: Safes (V3) ISI Marked to IS 550
  • Standards: IS 550, ISI Marked requirement
  • Quantity/Value: Not disclosed; no BOQ items listed
  • Delivery/Installation: Delivery window may extend with option clause; additional time calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
  • Brand/OEM: Not specified
  • Quality/Certification: Requires ISI certification and compliance with IS 550
  • Warranty/Support: Not specified
  • Other: Tender includes typical bidder compliance for security equipment procurement by SBI

Terms, Conditions & Eligibility

  • EMD: Not disclosed in available data
  • Delivery terms: Option to increase/decrease quantity by up to 25% at bid/contract placement and during currency at contracted rates
  • Delivery period: Commences from the last date of the original delivery order; extended time follows the option clause with a minimum of 30 days
  • Contract flexibilities: Additional delivery time may be calculated and extended to original delivery period while exercising the option
  • Documentation/Compliance: Bidders must align with standard SBI procurement terms and ISI/IS 550 compliance requirements
  • Eligibility: Focus on suppliers capable of supplying ISI Marked safes meeting IS 550 standard

Key Specifications

  • Product/service names: Safes (V3) ISI Marked to IS 550

  • Quantities: Not disclosed in BOQ; governed by option clause up to 25% increase/decrease

  • Standards/certifications: IS 550; ISI Marked

  • Delivery/installation: Delivery period linked to original order; extended period minimum 30 days

  • Warranty/maintenance: Not specified; assume standard SBI terms

Terms & Conditions

  • Quantity adjustment up to 25% during contract execution with rates fixed

  • Delivery period starts from last date of original delivery order

  • IS 550 compliance and ISI marking are mandatory

Important Clauses

Payment Terms

Not specified in data

Delivery Schedule

Delivery period to commence from the last date of original delivery order; extended delivery time based on (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days

Penalties/Liquidated Damages

Not specified in data

Bidder Eligibility

  • Supplier must provide ISI Marked safes and demonstrate IS 550 compliance

  • Capability to handle SBI procurement processes and delivery terms

  • Financial and technical capacity evidenced by relevant certifications and experience

Documents 4

GeM-Bidding-8521715.pdf

Main Document

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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State Bank of India Safes (V3) ISI Marked to IS 550 Tender Rajsamand Rajasthan 2025

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Posted: 19 December 2025
Closed: 23 December 2025
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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates in security equipment procurement

4

Financial statements (past 3 years)

5

EMD document or equivalent security/bid bond

6

Technical bid declaration confirming ISI/IS 550 compliance

7

OEM authorization (if applicable for safes)

8

Any prior SBI procurement experience documentation

Frequently Asked Questions

Key insights about JAMMU AND KASHMIR tender market

How to bid in SBI safes tender for ISI marked IS 550?

Bidders must submit GST, PAN, experience certificates, financials, EMD, and technical compliance for ISI/IS 550 safes. Ensure OEM authorization if applicable, and provide ISI/IS 550 compliant documentation. The bid should meet the 25% quantity option clause and SBI delivery terms.

What documents are required for SBI safes tender submission?

Required documents include GST certificate, PAN card, past work experience certificates in security equipment, financial statements for the last three years, EMD receipt, technical bid, and OEM authorization. Provide ISI/IS 550 certification proof for safes and SBI compliance declarations.

What standards must safes meet for SBI procurement?

Safes must be ISI Marked and conform to IS 550 standard. Vendors must provide ISI certification documents and demonstrate compliance with IS 550 specification to qualify for the SBI procurement process.

What is the delivery timeline policy for SBI safes tender?

Delivery starts from the last date of the original delivery order. If the quantity increases, extended time is calculated as (increased quantity ÷ original quantity) × original delivery period, with a minimum of 30 days.

How does SBI handle quantity variation in the contract?

SBI reserves the right to increase or decrease the bid quantity up to 25% at contract placement and during the currency at contracted rates, enabling flexible procurement for safeguards and security equipment.

What is the status of EMD for this SBI safes tender?

EMD details are not disclosed in the available data. Bidders should refer to the official tender terms to confirm the exact EMD amount or format (DD/online) and ensure timely submission with bid documents.

Which organization category is procuring the safes in this tender?

The procurement is by the State Bank Of India for the Department Of Financial Services focusing on Safes (V3) ISI Marked to IS 550 compliance for SBI security equipment needs.

What are the key eligibility criteria for SBI ISI safes bid?

Eligibility requires ISI Marked safes with IS 550 compliance, demonstrated experience in supplying security equipment, valid GST and PAN, financial stability, and readiness to meet SBI delivery terms and 25% quantity adjustment clause.