Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Mandi Himachal Pradesh 2026
Bid Publish Date
18-Jul-2026, 6:29 pm
Bid End Date
01-Aug-2026, 7:00 pm
Location
Progress
Quantity
2
Bid Type
Two Packet Bid
Key Highlights
- • IS I Marked safes compliant with IS 550 (V3) for Punjab National Bank in Himachal Pradesh
- • IS 550 classification and Table 2 requirements: gross internal volume and number of doors
- • 25% quantity variation right and corresponding delivery-time recomputation
- • Delivery addresses: Ner Chowk, Mandi and Kullu currency chests in Himachal Pradesh
- • No BOQ items; generic general requirements with ISI certification emphasis
- • Mandatory ISI marking and IS 550 standard adherence for safety equipment
- • Please prepare for delivery and potential installation scope at currency chests
Categories
1
Tender Overview
Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 compliance, targeting two currency chests in Mandi, Himachal Pradesh (PIN 171302) and related Kullu branch locations (PIN 175101/175008). The procurement focuses on IS 550 classified safes with ISI marking and V3 category requirements. While the exact quantity and estimated value are not disclosed, bidders should prepare for potential quantity variations under the option clause. The tender emphasizes standard IS 550 classifications, internal volume parameters, and lock-key configurations. A notable term is the 25% bid quantity adjustment right and corresponding delivery-time recalculation. This opportunity is shaped by government banking sector procurement norms and Narayan-style currency chest deployments.
Technical Specifications & Requirements
- Category: GENERAL REQUIREMENTS — IS 550 classification table (Table 1) for safe class/code
- Category: GENERAL REQUIREMENTS — Number of doors in safe (as per IS 550 specification)
- Category: PHYSICAL REQUIREMENTS — Gross Internal Volume (L) per Table 2 of IS 550
- Category: PHYSICAL REQUIREMENTS — Gross Internal Volume (L) as per IS 550 Table 2
- Category: LOCKS — Number of lock keys on safe (as per Table 2, point x(a))
- Certification/Standard: ISI Marked safes, compliant with IS 550; no explicit supplier brands mandated
- Delivery/Installation: Delivery addresses include PUNJAB NATIONAL BANK, CURRENCY CHEST NER CHOWK, NER CHOWK, TEHSIL BALH, MANDI HIMACHAL PRADESH 175008 and CURRENCY CHEST KULLU SULTANPUR, KULLU, H.P. 175101; installation if covered in scope
Terms, Conditions & Eligibility
- Option Clause: Purchaser may increase/decrease quantity by up to 25% during contract; extended delivery time calculated as (additional quantity ÷ original quantity) × original delivery period, with a minimum of 30 days; may extend to original delivery period
- Delivery/Installation: Actual delivery and installation at the two PNB currency chests specified; delivery schedule tied to original/delivery period calculations
- EMD/Documentation: Specific EMD amount and documents are not disclosed in the provided data; bidders should anticipate standard bank tender submissions
- Compliance: Bidders must comply with PNB’s generic terms and the option clause; ISI marking and IS 550 classification are mandatory
- Locations: MandI and Kullu HP currency chests are the target delivery points; ensure logistics fit to these addresses
Key Specifications
-
IS 550 classification table used to define safe class/code
-
Gross Internal Volume (L) as per Table 2 of IS 550
-
Number of doors in the safe as per IS 550 Table 2
-
Lock key count specification per Table 2 (point x(a))
-
ISI Marked safes with IS 550 compliance; no specific brand requirement
Terms & Conditions
-
Quantity may be increased by up to 25% with adjusted delivery timelines
-
Delivery to two specified currency chests in Mandi and Kullu, HP
-
IS 550 classification and ISI marking are mandatory compliance requirements
Important Clauses
Payment Terms
Not disclosed in data; bidders should anticipate standard bank terms per Bharatiya tender norms
Delivery Schedule
Delivery period recalculated when option clause is exercised; minimum 30 days extension safeguard
Penalties/Liquidated Damages
Not specified in data; bidders should monitor bank standard LD provisions during bid response
Bidder Eligibility
-
Experience in supplying ISI marked safes or similar banking security equipment
-
Demonstrated compliance with IS 550 standard and ISI certification
-
Financial stability evidenced by statutory financial statements
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 30 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
Mandi
Delivery Pincodes
175001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Abhishek Kumar | 175001,JAIL ROAD MANDI HIMACHAL PRADESH MANDI | Mandi | Himachal Pradesh | 175001 | 2 | 15 | - |
Authority Records
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Documents 4
GeM-Bidding-9628830.pdf
Main Document
CATALOG-Specification-1
CATALOG Specification
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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) | C / TL 30 D × TL 10 × 5 – FR 30 |
| 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) | 470 (46 L) |
| PHYSICAL REQUIREMENTS | Gross Internal Volume (in L | As per table 2 of IS 550) | 46 |
| LOCKS | Number of lock keys on safe (as per point x (a) of Table 2) | 1 |
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Required Documents
GST registration certificate
PAN card
Experience certificates for similar safes supply
Financial statements (annual reports or auditor-certified)
EMD submission document (as applicable under terms)
Technical bid documents confirming ISI marking and IS 550 compliance
OEM authorizations or manufacturer certifications (if applicable)
Frequently Asked Questions
Key insights about HIMACHAL PRADESH tender market
How to bid for ISI marked safes tender in Mandi Himachal Pradesh 2026
Bidders should submit GST, PAN, experience certificates, and financials, plus OEM authorizations and technical compliance documents proving ISI marking and IS 550 conformity. Ensure IS 550 Table 2 volumes and door configurations are detailed. Include open market pricing and delivery plan to Ner Chowk and Kullu currency chests.
What documents are required for safes tender in Himachal Pradesh
Submit GST certificate, PAN, company profile, financial statements, EMD documents, and technical bid demonstrating ISI marking and IS 550 compliance. OEM authorization for security safes may be required. Include installation capability details if scope includes commissioning at Ner Chowk and Kullu currency chests.
What are the technical specifications for IS 550 safes in this bid
Specifications reference IS 550 Table 1 for class/code and Table 2 for gross internal volume and number of doors. Provide precise internal volume in liters, door count, and lock key quantity as per IS 550. Ensure ISI certification and V3 category compliance in the technical datasheet.
When is delivery expected for safes to PNB currency chests
Delivery terms are linked to the original delivery period with potential 25% quantity adjustment. If exercised, compute extended period as (additional quantity / original quantity) × original delivery period, minimum 30 days. Delivery targets Ner Chowk and Kullu currency chests.
What is the EMD amount for this safes procurement
EMD amount is not disclosed in the available tender data. Bidders should monitor the official bid notice and prepare to submit standard EMD as per bank tender norms, typically a fixed amount or percentage of estimated value, along with refundable deposit requirements.
What standards must safes meet for ISI marking and IS 550
Safes must be ISI marked and conform to IS 550 standards, including classification by Table 1, specified gross internal volume per Table 2, and lock/key configurations per IS 550 specifications. Provide ISI certification documentation and manufacturer assurances in the bid.
Where will safes be delivered in Himachal Pradesh
Delivery addresses are two Punjab National Bank currency chests: Ner Chowk, Balh Tehsil, Mandi, HP 175008, and Kullu, Tehsil Kullu, HP 175101. Plan transport and on-site delivery to these two sites, aligning with the option clause timing.
What are the key eligibility criteria for banking safes supply
Eligibility includes prior experience in supplying ISI marked security safes, evidence of IS 550 compliance, valid GST/PAN, financial stability, and capability to deliver to currency chests in Mandi and Kullu HP. OEM authorizations may strengthen bid credibility.
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Documents 4
GeM-Bidding-9628830.pdf
Main Document
CATALOG-Specification-1
CATALOG Specification
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS