State Bank of India Safes (V3) ISI Marked to IS 550 Tender Ernakulam Kerala 2026
Progress
Tender Overview
The opportunity is issued by State Bank of India for procurement of Safes (V3) ISI Marked to IS 550 in Ernakulam, Kerala. The bid scope targets ISI 550 compliant, V3 category safes suitable for centralized banking security. While the tender lacks a published estimated value or EMD, it emphasizes compliance with BIS/type test and OEM certifications, plus documented turnover and prior govt supply experience. A notable feature is the option clause enabling up to 25% quantity variation at contracted rates, with delivery extension logic tied to original delivery periods and minimum 30 days. The procurement aims to reinforce SBI’s secure storage capabilities within Kerala’s banking network.
Technical Specifications & Requirements
- Product category: Safes (V3) ISI Marked to IS 550 (Q2 category)
- Required certifications: BIS licence, type test certificate, and any other certificates per the Product Specification
- Standards: IS 550 compliance and ISI Mark validation
- Experience: bidder or OEM must have supplied similar safes to Central/State Govt/PSU for at least 3 years before bid opening; provide contracts as evidence
- Financials: bidder must show positive net worth; minimum average turnover over last 3 years (per bid document) with audited statements or CA certificate
- Turnover: OEM turnover criteria to be demonstrated; both bidder and OEM turnover requirements apply
- Delivery terms: delivery schedule aligned with original delivery date; option clause may adjust delivery window with calculated extension formula
- Documentation: upload all required BIS/type test certificates and related compliance documents with bid
- Other: ensure all conditions, certificates, and terms per ATC and bid document are satisfied
Terms, Conditions & Eligibility
- EMD/financials: exact amount not provided; bidders must satisfy general EMD/document submission as per ATC
- Experience criteria: 3 years of regular manufacture and supply to govt/PSU; copies of contracts to be submitted
- Turnover: minimum average annual turnover over last 3 years as specified in bid document; audited balance sheets or CA certificate required
- Net worth: OEMs must show positive net worth in last audited statement
- Certificates: BIS licence, type test certificate, approval certificates and product-specific Certificates required
- Quantity flexibility: purchaser may increase/decrease quantity up to 25%; delivery time adjustments follow specified formula
- Submission: upload all required certificates as per bid document; ensure compliance with ATC and Corrigendum if any
- Warranty/Penalties: not explicitly stated in data; ensure compliance with standard govt procurement penalties if applicable
Key Specifications
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- Product: Safes (V3) ISI Marked to IS 550
-
- Standards: IS 550 compliant; ISI Mark certification
-
- Certifications: BIS licence, type test certificate
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- Experience: 3 years’ govt/PSU supply of similar category products
-
- Financials: positive net worth; minimum average turnover over last 3 years as per bid document
Terms & Conditions
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Key Term 1: Quantity variations allowed up to 25% during contract
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Key Term 2: Prior govt/PSU supply with 3 years experience required
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Key Term 3: Positive net worth and prescribed turnover demonstrated via audited statements
Important Clauses
Payment Terms
Payment terms not explicitly stated; bidders must adhere to bid ATC and standard govt terms
Delivery Schedule
Delivery begins from the last date of original delivery order; extension time calculated via (increased quantity ÷ original quantity) × original delivery period, min 30 days
Penalties/Liquidated Damages
Penalties and LD provisions to be as per bid document and ATC; not detailed in provided data
Bidder Eligibility
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Regularly manufactured and supplied similar safes to govt/PSU for 3 years
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Positive net worth as per last audited financial statement
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BIS licence, ISI/type test certificates, and product-specific certifications uploaded
Tender Data
Bid Details
Quantity
10
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
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
Requirements
Min. Avg. Annual Turnover
40
OEM Avg. Turnover
300
Past Performance
80 %
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)
Payment Timelines
Payments shall be made to the Seller within 10 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
45
Delivery Locations
1
Delivery Cities
Ernakulam
Delivery Pincodes
682031
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Manoj P | 682031,State Bank of India, RBO 2 Ernakulam, 8th Floor, A O Ernakulam, Shanmugham Road, Ernakulam | Ernakulam | Kerala | 682031 | 10 | 45 | - |
Authority Records
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Documents 4
GeM-Bidding-10007452.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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Required Documents
GST registration certificate
PAN card
Audited financial statements or CA certificate showing turnover for last 3 years
Evidence of net worth > 0 (last audited financial statement)
BIS licence and ISI/type test certificates
OEM authorizations (where applicable)
Contracts showing supply of similar safes to govt/PSU for 3 years
Bid document compliance certificates and other certificates prescribed in product specification
Frequently Asked Questions
Key insights about KERALA tender market
How to bid for SBI safes tender in Ernakulam Kerala 2026?
Bidders must meet eligibility, upload GST, PAN, audited turnover, positive net worth, BIS licence, ISI/type test certificates, and OEM authorizations. Ensure 3 years govt/PSU supply experience and provide contracts as proof. Follow ATC guidelines and submit within the bid window.
What documents are required for safes ISI 550 bid in Kerala?
Required documents include GST certificate, PAN, last 3 years audited financials or CA certificate turnover, positive net worth proof, BIS licence, ISI/type test certificates, OEM authorizations, and contracts evidencing govt/PSU supply, plus any product-specific certificates called for in the bid document.
What are the technical specifications for ISI 550 safes in this SBI tender?
Specs mandate ISI Marked safes to IS 550 with BIS/type test certificates; supplier must show 3 years govt/PSU supply experience and positive net worth; no explicit dimension data provided in the summary, but compliance with IS 550 standards is mandatory.
What is the EMD requirement for the SBI safes tender 2026?
EMD details are not provided in the public data; bidders should refer to the ATC and bid document for the exact amount, submission mode (DD/online), and validity period tied to the quotation and delivery schedule.
What are the delivery terms for quantity variation in SBI safes tender?
The purchaser may vary quantity up to 25% of bid quantity at contract time and during currency, with delivery period adjustments calculated by a specified formula ensuring a minimum extension of 30 days when applicable.
What certifications are mandatory for SBI ISI safes procurement in 2026?
Mandatory certifications include BIS licence, ISI/type test certificates, and any other certificates specified in the Product Specification. Upload all required certificates with the bid to avoid rejection.
How to prove government or PSU experience for this safes tender?
Provide copies of contracts showing supply of similar safes to Central/State Govt or PSU entities for each year; if a bunch bid, ensure the primary product holds the requisite 3-year criterion and attach relevant contract documents.
What is the payment term typically for SBI procurement of safes?
Payment terms are detailed in the ATC and bid document; vendors should prepare for standard govt terms (e.g., milestone-based payments) but must verify the exact schedule, including any advance and balance payment conditions, in the final bid.