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Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Sambalpur Odisha 2026

Bid Publish Date

30-May-2026, 8:40 pm

Bid End Date

15-Jun-2026, 9:00 pm

Value

₹29,00,000

Progress

Issue30-May-2026, 8:40 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

3

Bid Type

Two Packet Bid

Categories 1

Tender Overview

Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in SAMBALPUR, ODISHA. Estimated value is ₹2,900,000. Category targets ISI 550-compliant safes (Q2) with ISI certification and V3 marking. Tender lacks BOQ items and start/end dates are not disclosed. Two notable bidders’ considerations are the IS 550 classification format, and the physical spec metrics (gross internal volume and door/lock details). A key differentiator is the option clause enabling quantity variation up to ±25% with corresponding delivery adjustments. This procurement emphasizes standardization and security equipment vetted under IS 550 guidelines, suitable for bank-grade safes. Prospective bidders should prepare solutions aligned with ISI Marked safes and related quality controls, ensuring compatibility with the bank’s security requirements while accommodating possible scale changes.

Technical Specifications & Requirements

  • Category: GENERAL REQUIREMENTS – IS 550 Table 1 classification (Class/Code)
  • Category: GENERAL REQUIREMENTS – Number of doors in safe
  • Category: PHYSICAL REQUIREMENTS – Gross Internal Volume (L) per IS 550 Table 2
  • Category: PHYSICAL REQUIREMENTS – Gross Internal Volume (L) per IS 550 Table 2
  • Category: LOCKS – Number of lock keys on safe per IS 550 Table 2 (x(a))
  • Standards: IS 550; ISI Marked certification; compliance with security equipment norms
  • Security context: Bank-grade safes, ISI/AAA/TRTL implications may apply to brand or OEM references

Terms, Conditions & Eligibility

  • Quantity flexibility: Purchaser may increase/decrease quantity by up to 25% of bid quantity; similar extension may apply during contract currency
  • Delivery timing: Delivery period adjusted from last original delivery order date; extended time formula provided, minimum 30 days if initial period allows
  • Documentation/ATC: Bidder must comply with ATC terms provided by buyer; ATC document uploaded
  • EMD: Not specified in available data; bidders should verify exact amount and payment method in tender attachments
  • Delivery terms and penalties: Not explicitly detailed beyond option clause; bidders should confirm penalty/LD terms if any
  • Warranty/AMC: Not specified in data; verify during bid submission with bank requirements

Key Specifications

  • IS 550 classified safes with V3 ISI marking

  • Gross Internal Volume specified in liters per Table 2

  • Number of doors as per Table 1 classification

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

  • Total estimated value ₹2,900,000

  • Location: Sambalpur, Odisha

Terms & Conditions

  • 25% quantity variation allowed at bid/contract stages

  • Delivery period adjustments based on original/extended period

  • IS 550 standard compliance and ISI marking mandatory

Important Clauses

Payment Terms

Details not provided in data; verify in ATC/terms document with bank

Delivery Schedule

Delivery period linked to order date; additional time formula specified with 30-day minimum

Penalties/Liquidated Damages

Not explicitly stated; confirm LD terms during bid submission

Bidder Eligibility

  • Proven experience supplying ISI-marked safes to banks or financial institutions

  • Financial capacity to support ₹2.9 million procurement

  • Compliance with IS 550 standard and ISI certification

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)

Authority Records

MINISTRY OF FINANCE
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Documents 5

GeM-Bidding-9400276.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

Buyer uploaded ATC document

ATC

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) AA / TRTL – 60 × 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
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 prior bank-grade safe supplies

4

Audited financial statements for the last 2-3 years

5

EMD/Security deposit documentation (as applicable in ATC)

6

Technical bid documents demonstrating IS 550 compliance

7

OEM authorization/brand authorization (if required)

8

ISI/AAA/TRTL certification or equivalent proof of standards

9

Delivery/completion schedule and installation plan (if required)

Frequently Asked Questions

Key insights about ODISHA tender market

How to bid for ISI marked safes tender in Sambalpur Odisha 2026

Bidders must submit GST, PAN, and experience certificates, plus ISI/IS 550 compliance proofs. Ensure OEM authorization if required, and provide technical bid detailing gross internal volume, number of doors, and lock keys per IS 550 Table 2. Include delivery plan and EMD documentation as applicable.

What documents are required for safes tender in Sambalpur Odisha

Required documents include GST registration, PAN card, 2-3 years of financial statements, experience certificates for bank-grade safes, ISI/AAA/TRTL certifications, OEM authorization, and technical bid demonstrating IS 550 classification and internal volume specifications. Also provide delivery schedule and any EMD proofs per ATC.

What are the ISI Marked safes specifications in this bid

Specifications reference IS 550 with V3 marking, including classification per Table 1, gross internal volume per Table 2, number of doors, and lock keys as per Table 2. Safes must be ISI-marked and conform to IS 550 standard for banking-grade security equipment.

When is the delivery period for the safes procurement in Odisha

Delivery terms link to the last date of the original delivery order; any extension follows the formula (Increased quantity / Original quantity) × Original delivery period, with a minimum of 30 days. Confirm exact calendar dates in the purchase order.

What is the EMD requirement for the safes tender in Sambalpur

EMD details are not specified in the published data and should be confirmed in the ATC or tender attachment. Prepare to provide EMD as per bank terms, typically via demand draft or online payment, aligned to the specified amount in the final tender document.

What are the key eligibility criteria for bank-grade safes supply

Eligibility includes prior experience supplying ISI-marked safes to banks, demonstrated IS 550 compliance, valid GST/PAN, and financial capability to support a ₹2.9 million procurement. OEM or brand authorization may be required for official product reference.

How to ensure IS 550 compliant safes meet bank standards

Submit technical bid with IS 550 Table 1 classification, Table 2 volume and door/key specifics, and ISI certification proof. Include installation/maintenance capability and warranty expectations if specified. Align with security performance requirements used by Punjab National Bank.

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