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

Bid Publish Date

10-Jul-2026, 5:32 pm

Bid End Date

20-Jul-2026, 6:00 pm

Progress

Issue10-Jul-2026, 5:32 pm
AwardPending
Explore all 6 tabs to view complete tender details

Quantity

21

Bid Type

Single Packet Bid

Key Highlights

  • IS 550 compliant safes with ISI Mark certification required
  • V3 ISI Marked classification per Table 1 IS 550
  • Anchor provisions and lock-key quantity per Table 2
  • Quantity variation rights up to 25% during contract
  • Delivery period linked to last date of original order with extension rules
  • Branch-wise order splitting among L1/L2/L3/L4 vendors upon price match

Categories 1

Tender Overview

The State Bank of India (SBI) invites bids for ISI Marked safes conforming to IS 550 (V3) with IS 550 classifications. The procurement focuses on safes with defined internal volume, number of doors, and anchoring provisions. Bidders should prepare for a 25% quantity variation at contract order and during the currency period, with delivery timelines tied to the original delivery order date and potential extensions. The scope emphasizes compliance with IS 550 standard classifications and lock-key provisions, targeting secure storage solutions for SBI branches. This tender emphasizes standardized safety classifications and a framework for scalable order quantities, while ensuring alignment with prescribed anchoring and locking requirements. Unique aspects include the optional quantity expansion clause and the need to align with ISI marking and IS 550 format. Location-specific details are not explicitly provided in the data, but the procurement is positioned within SBI’s security equipment category and follows government procurement practices.

Technical Specifications & Requirements

  • Category: GENERAL REQUIREMENTS; IS 550 classification (Table 1) format: Class / Classification Code
  • Category: GENERAL REQUIREMENTS; Number of doors in safe
  • Category: PHYSICAL REQUIREMENTS; Standard Size of Safe (Gross Internal Volume, L) per IS 550 Table 2
  • Category: PHYSICAL REQUIREMENTS; Gross Internal Volume in L per IS 550 Table 2
  • Category: PHYSICAL REQUIREMENTS; Anchoring arrangement provided
  • Category: LOCKS; Number of lock keys on safe per IS 550 Table 2 (point x(a))
  • Standards: IS 550 (V3) and ISI Marked compliance; anchoring and locking specifications
  • Delivery/Scope: 25% quantity option at bid/contract; delivery period linked to last date of original delivery order; extension rules apply

Terms, Conditions & Eligibility

  • EMD: Not specified in data; bidders should verify applicable security deposit requirements
  • Delivery: Delivery period begins from the last date of the original delivery order; option/extension mechanics defined; minimum extension logic described
  • Quantity Variation: Up to 25% increase/decrease at contract placement and during currency at contracted rates
  • Documentation: SBI-specific tender terms; require branch list and compliance with bid terms, including ISI/IS 550 conformity
  • Brand/OEM/Standards: ISI Marked safes compliant with IS 550 class codes; anchoring and locking as per Table 2
  • Payment Terms: Not detailed in data; bidders should anticipate standard government procurement payment norms and confirm at bid stage
  • Penalty/LD: Not specified; ensure clarity on penalties in final terms prior to bid submission

Key Specifications

  • IS 550 compliance with V3 classification

  • Table 1 Class / Classification Code requirement

  • Table 2 solidifying Gross Internal Volume (L) and number of doors

  • Anchoring arrangement must be provided with each safe

  • Number of lock keys as per Table 2 x(a)

Terms & Conditions

  • Quantity variation up to 25% of bid quantity

  • Delivery period starts from last date of original delivery order

  • IS 550 ISI Marked safes with anchoring and locking specifications

Important Clauses

Payment Terms

Not explicitly stated; bidders should confirm SBI standard payment terms during bid submission

Delivery Schedule

Delivery period from last date of original delivery order; option extension procedures apply with minimum 30 days increments

Penalties/Liquidated Damages

No explicit LD mentioned; verify during bid clarification and contract finalization

Bidder Eligibility

  • Experience in supplying ISI Marked safes or equivalent security equipment

  • Demonstrated capability to meet IS 550 classifications and anchoring/locking requirements

  • Financial robustness to support bid and performance commitments

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

60

Delivery Locations

1

Delivery Cities

Kamareddy

Delivery Pincodes

503111

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Bhattu Maruti Raj503111,1st floor, Opposite Govt. Degree College Ground, beside Indian Oil petrol bunk, OLD NH-7 road, AShok nagar, KamareddyKamareddyTelangana5031112160-

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 4

GeM-Bidding-9590605.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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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) AAA / TRTL – 90 × 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)
PHYSICAL REQUIREMENTS Gross Internal Volume (in L | As per table 2 of IS 550) 336
PHYSICAL REQUIREMENTS Anchoring Arrangement provided No
LOCKS Number of lock keys on safe (as per point x (a) of Table 2) 2

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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 proof (as applicable per SBI terms)

6

Technical bid documents demonstrating ISI Mark/IS 550 compliance

7

OEM authorization or manufacturer credentials for safes

8

Any ISI/BIS/ISO certifications relevant to safes

Frequently Asked Questions

How to bid for SBI safes ISI marked IS 550 procurement in India 2026

Bidders must meet eligibility criteria in the terms, provide GST, PAN, experience certificates, financials, and OEM authorizations. Ensure ISI Mark and IS 550 compliance, provide anchoring and locking details, and submit EMD as applicable. Delivery schedule aligns with the last order date, with potential 25% quantity variation.

What documents are required for SBI safes tender submission in India

Submit GST registration, PAN, experience certificates for similar safes supply, financial statements, EMD proof, technical bid demonstrating ISI/IS 550 compliance, OEM authorization, and ISI certification copies. Include anchoring and locking specifications and ensure classification per Table 1 IS 550.

What are the IS 550 requirements for SBI V3 safes procurement

Safes must comply with IS 550 V3 classification, Table 1 for class code, Table 2 for gross internal volume and number of doors, along with anchoring provisions and lock-key quantity. ISI Mark certification must be included with bid, and conformity must be demonstrable in technical bid.

When is delivery expected for SBI safes contract in 2026

Delivery period starts from the last date of the original delivery order. If options are exercised, additional time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days; confirm final dates during bid clarification.

What is the quantity variation allowed in SBI safes tender

The purchaser reserves the right to increase or decrease the quantity up to 25 percent of bid quantity at contract placement and during the currency of the contract, at the contracted rates; delivery extension rules apply accordingly.

What standards and certifications must be demonstrated for SBI safes

Bidders must demonstrate ISI Mark compliance and IS 550 standard adherence, including classification, internal volume, and locking specifications per Table 2, along with anchoring provisions specified in the tender terms.

What are the key technical specifications for SBI safes procurement

Key specs include IS 550 classification table data, gross internal volume per Table 2, number of doors, anchoring arrangement, and lock-key quantities. Provide precise volumes in liters and door counts in the technical bid, with ISI/IS 550 conformity documents.

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