Union Bank of India safes tender Shimoga Karnataka ISI Marked IS 550 2026
Bid Publish Date
12-Oct-2026, 6:12 pm
Bid End Date
27-Oct-2026, 6:00 pm
EMD
₹50,000
Location
Progress
Tender Overview
The opportunity concerns the Union Bank of India safes procurement in Shimoga, Karnataka (PIN 577115), under the Safes (V3) ISI Marked to IS 550 category. Bid comprises 2 cash safes and 2 gold safes with a stated EMD of ₹50,000. The scope includes supply, installation, testing and commissioning at multiple Union Bank branches listed in the ATC. A key differentiator is the option to increase quantities by up to 25% at contracted rates and the requirement for the gold safes to feature at least 16 lockable drawers.
- Variant: cash and gold safes alignment with ISI Marking and IS 550
- Delivery/installation at Union Bank branches in Sringeri, Araga, Adgalale Sulali, Sagar Bhimaneri
- ATC-compliant terms, GST handling per actuals with ceiling as per quoted rates
- Tender emphasizes proof of past experience via multiple document types
Technical Specifications & Requirements
- Product category: Safes (V3); ISI Marked to IS 550 (Q2)
- Safes: 2 cash safes + 2 gold safes; gold safes must have at least 16 lockable drawers
- Standards: ISI certification, compliance to IS 550; GST as per actuals with a cap at quoted rate
- Installation scope: Supply, Installation, Testing and Commissioning at specified branch locations
- EMD: ₹50,000; delivery terms include option to extend quantity by up to 25% at same rates
- Addressed delivery/installation: multiple Union Bank branches in Shimoga district
- Past experience evidence: contract copies, invoices, or client execution certificates acceptable
- ATC terms govern delivery period calculations and extension methodology
Terms, Conditions & Eligibility
- EMD: ₹50,000; to be paid per vendor terms; GST payable by bidder with reimbursement as per actuals
- Delivery window: defined in ATC with last-date delivery reference; option clause may alter delivery timeline
- Payment terms: GST handling per actuals; no responsibility on bank for GST calculation beyond stated policy
- Documentation: submission of certificates/documents as per ATC and corrigendum; missing certificates may lead to rejection
- Experience: proof via contract copies, invoices, execution certificates or equivalent documents
- Warranty/penalties: not explicitly stated; ATC governs any performance-based consequences or LDs
Key Specifications
-
Product: Safes (V3), ISI Marked to IS 550
-
Quantities: 2 cash safes and 2 gold safes
-
Gold safe feature: minimum 16 lockable drawers
-
Standards: ISI certification, IS 550 compliant
-
Scope: Supply, Installation, Testing and Commissioning
-
EMD: ₹50,000
-
Delivery: to Union Bank branches in Shimoga district; option up to 25% quantity
Terms & Conditions
-
Option to increase/decrease quantity by up to 25% at contracted rates
-
Delivery/commercial terms hinge on ATC; GST reimbursed at actuals or as per applicable rate
-
CI documents for past experience; installation and commissioning included
Important Clauses
Payment Terms
GST handling to be borne by bidder with reimbursement as per actuals; payment terms align with ATC
Delivery Schedule
Delivery period calculated from last date of original delivery order; option clause may extend timeline with minimum 30 days
Penalties/Liquidated Damages
LDs, if any, to be defined in ATC; performance constraints tied to ISI/IS 550 compliance and timely installation
Bidder Eligibility
-
Eligibility to supply ISI Marked safes conforming to IS 550 (V3) in India
-
Experience proof via contract copies, invoices, or client execution certificates
-
GST registration and PAN valid; financial statements and prior project references available
Tender Data
Bid Details
Quantity
4
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
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
No
Requirements
OEM Avg. Turnover
15
Past Performance
60 %
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
State Bank of India
ePBG Percentage
5%
ePBG Duration (Months)
18
Payment Timelines
Payments shall be made to the Seller within 15 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
Shivamogga
Delivery Pincodes
577204
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Maddan Lal | 577204,GOPALA MAIN ROAD GOPALA, 2ND FLOOR ASHOK ARCADE, SHIVAMOGGA | Shivamogga | Karnataka | 577204 | 4 | 15 | - |
Authority Records
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Documents 4
GeM-Bidding-10023601.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
Past experience certificates (contracts, invoices, client execution certificates)
Financial statements (audited if available)
EMD submission proof (₹50,000)
Technical bid documents confirming ISI Marked safes and IS 550 compliance
OEM authorizations (if applicable)
Any certificates requested in ATC and Corrigendum
Frequently Asked Questions
Key insights about KARNATAKA tender market
How to bid for safes ISI IS 550 tender in Shimoga?
Bidders must submit GST, PAN, EMD ₹50,000, past experience proofs (contracts, invoices, client certs), and OEM authorizations as required in the ATC. Ensure ISI Marked safes compliant with IS 550; include installation, testing and commissioning costs in the bid.
What documents are required for Union Bank safes procurement in Shimoga?
Submit GST certificate, PAN, experience certificates, financial statements, EMD payment proof, technical bid, OEM authorization if applicable, and ISI/IS 550 compliance documents. ATC may require additional certificates; ensure all are uploaded to avoid rejection.
What are the key specifications for gold safes with drawers in this tender?
Gold safes must include at least 16 lockable drawers; ISI Marked and IS 550 compliant; delivery and installation included. The scope covers supply, installation, testing and commissioning at multiple branches across Shimoga, with 2 gold safes specified.
What is the EMD amount and its payment terms for this tender in Shimoga?
EMD is ₹50,000; payment terms follow ATC guidelines. GST treatment is the bidder’s responsibility with reimbursement as per actuals or quoted rate, capped per applicable rules. Ensure EMD submission with bid as per tender terms.
When is the delivery deadline and what about quantity variations?
Delivery period is anchored to the last date of the original delivery order; quantity may vary by up to 25% during contract at the same contracted rates. If extended, the additional time calculation follows the ATC formula with a minimum 30 days.
Which standards and certifications are required for safes procurement in Karnataka?
Bidders must supply ISI Marked safes with IS 550 compliance. Documentation includes ISI certification and relevant compliance proofs. The ATC clarifies certificate uploads; failure to provide may lead to rejection of the bid.
What is included in the scope of supply for this Union Bank tender?
Scope includes Supply, Installation, Testing and Commissioning of 4 safes (2 cash, 2 gold) at specified Union Bank branches in Shimoga; delivery addresses include Sringeri, Araga, Adgalale Sulali, and Sagar Bhimaneri. All costs must be in the bid price.
What past experience proofs are acceptable for this safes tender?
Acceptable proofs include contract copies with invoices and bidder self-certification, execution certificates from clients, or third-party inspection notes indicating similar security equipment deployments. These documents demonstrate capability to deliver ISI marked safes per IS 550.