Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Darbhanga Bihar 2026
Progress
Key Highlights
- • Isolated reference to ISI Marked safes with IS 550 compliance for banking security
- • 25% quantity variation right during contract and currency, with proportional delivery extension
- • No BOQ items; indicates specification-driven submission within ISI/550 standards
- • ATC document uploaded by buyer; bidder must review for any brand/OEM or testing clauses
- • Location-based tender in Darbhanga, Bihar; procurement category aligns to bank safes
- • IS 550 standard and ISI certification are critical bid differentiators
Tender Overview
Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in Darbhanga, Bihar. The procurement scope references the ISI Marked category with a focus on Q2 grade safes for bank security. The exact estimated value and EMD are not disclosed in the data, but the tender embeds a flexible quantity clause. A key differentiator is the option clause allowing up to 25% quantity variation during contract execution, with adjustments at contracted rates and a minimum delivery extension of 30 days. Bidders must ensure compliance with the option-to-increase clause and delivery timing as described. The award will depend on conformity to IS 550 standards and ISI certification, plus adherence to the bank’s ATC terms.
Technical Specifications & Requirements
- Product category: Safes (V3) ISI Marked to IS 550 (Q2) for banking security
- Standards referenced: ISI Marked, IS 550 compliance; potential requirement for AAA/TRTL or other cited certifications if specified in ATC
- Delivery scope: governed by option clause up to 25% quantity fluctuation; delivery period adjustments with minimum 30 days extension
- Quality/verification: ISI certification and safe performance considerations per bank quality expectations
- BOQ: No numeric items listed; implies supplier-led specification within ISI/IS 550 framework
Terms, Conditions & Eligibility
- EMD: Not specified in data; bidders should anticipate standard bank EMD as per terms
- Delivery: Delivery terms tied to last delivery order date; extended period calculations apply for option quantity
- Price/Payment: Contracted rates apply to increased quantity per option clause; payment terms not detailed in data
- Documentation: At least standard bank bid documents; ATC file referenced but not detailed
- Warranty/LD: Not specified; ATC may define penalties or warranties
- Eligibility: Must meet ISI/IS 550 compliance and security equipment expertise
Key Specifications
-
Product: Safes (V3) ISI Marked to IS 550
-
Standard compliance: IS 550; ISI Marked safety equipment
-
Certification: ISI certification required; possible AAA/TRTL variant references
-
Delivery: quantity may vary up to 25%; minimum extension 30 days
-
Quality: adherence to bank ATC terms and performance of vault safes
Terms & Conditions
-
EMD amount not stated; bidders should prepare standard EMD per bank policy
-
Delivery period linked to last date of original delivery order with option-based extensions
-
20-25% variation window allows contract adjustments at contracted rates
Important Clauses
Payment Terms
Contracted rates apply to increased quantity; exact payment terms not specified in data
Delivery Schedule
Delivery begins from last date of original delivery order; extension rules govern option quantity delivery
Penalties/Liquidated Damages
Not specified in data; ATC may introduce LD or penalties in the final contract
Bidder Eligibility
-
Experience in supplying ISI-marked safes
-
Demonstrated capability to meet IS 550 standards
-
Financial stability and GST compliance
Tender Data
Bid Details
Quantity
5
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
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
27
OEM Avg. Turnover
27
Past Performance
30 %
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
Darbhanga
Delivery Pincodes
846004
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Pramod Kumar Singh | 846004,5 G M Road Darbhanga | Darbhanga | Bihar | 846004 | 5 | 15 | - |
Authority Records
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Documents 4
GeM-Bidding-9859230.pdf
Main Document
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
Permanent Account Number (PAN) card
Experience certificates for prior safes/ISI-marked procurements
Financial statements (last 2-3 years) demonstrating stability
EMD submission as per bank terms (amount not specified in data)
Technical bid detailing ISI/IS 550 compliance and safety features
OEM authorizations or manufacturer-backed certifications
Frequently Asked Questions
Key insights about BIHAR tender market
How to bid for safes ISI marked tender in Darbhanga Bihar 2026
Bidders should submit GST, PAN, and experience certificates for ISI-marked safes. Provide IS 550 compliance proof, ISI certificates, and OEM authorizations if applicable. Include bank-specific ATC documents and demonstrate delivery capability within 30-45 days of order. Ensure 25% quantity variation readiness and contract-rate pricing for adjustments.
What documents are required for PNB safes procurement in Bihar
Required documents include GST certificate, PAN card, 2-3 years of financial statements, experience certificates for safes, ISI/IS 550 compliance evidence, OEM authorization if not manufacturer, and bid submission of technical and commercial proposals per ATC guidelines.
What are the technical specifications for ISI marked safes in this tender
Technical scope centers on Safes (V3) ISI Marked to IS 550 with ISI certification. Expected safety features, vault-grade locking, theft resistance, and compliance testing aligned to IS 550 standards; exact product capacities or dimensions are not enumerated in the data and must be stated in the bid as per ATC.
When is delivery expected for the PNB safes tender in Darbhanga
Delivery terms hinge on the original last delivery order date; if the option clause is exercised during extended periods, delivery time rises proportionally with (increased quantity/original quantity) times original delivery period, minimum 30 days extension.
What are the EMD requirements for PNB safes bid 2026
EMD details are not specified in the data; bidders should anticipate standard EMD submission as per Punjab National Bank policy, typically amount-based or percentage-based on estimated value, via online or demand draft, as per ATC guidance.
How to verify ISI Marked safes compliance for Bihar procurement
Verify ISI Marked status and IS 550 compliance via BIS/ISI certificates provided by the manufacturer. Confirm that the safes meet bank-grade security standards, include proper locking mechanisms, tamper-resistance features, and conformity to ISI certification marks as required in ATC.
What are the payment terms for bank safes supply contracts in Bihar
Specific payment terms are not detailed in the data; expect standard bank terms from ATC: release of payment upon delivery verification, with possible advance or milestone payments as per contract. Details will appear in the final tender financial terms section of ATC.
What is the scope of quantity variation in this tender
The purchaser may increase or decrease quantity up to 25% of the bid quantity at contract placement and during contract currency at contracted rates. Delivery extensions follow the formula and minimum 30-day extension rules, affecting total delivery timelines.