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Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Hoshiarpur Punjab 2025

Bid Publish Date

31-Dec-2025, 2:56 pm

Bid End Date

14-Jan-2026, 3:00 pm

EMD

₹15,000

Location

HOSHIARPUR , PUNJAB

Progress

Issue31-Dec-2025, 2:56 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • IS 550 compliant safes with ISI marking
  • • Classification per Table 1 IS 550 and Table 2 gross internal volume
  • • 25% quantity variation right exercised by purchaser
  • • OEM must be empaneled with at least 5 PSU banks
  • • Single vendor per OEM constraint
  • • EMD amount of ₹15,000

Categories 1

SAFES

Tender Overview

Punjab National Bank seeks procurement of Safes (V3) ISI Marked to IS 550 for its banking operations at HOSHIARPUR, PUNJAB 144105. The tender specifies classification per Table 1 IS 550, requirement for the number of doors in the safe, and the gross internal volume (L) as per Table 2 IS 550. An EMD of ₹15,000 is applicable. The scope emphasizes ISI certification and IS 550 compliance, with an active procurement context targeting secure banking storage solutions. A notable clause permits quantity variation up to 25%, and delivery timelines hinge on the original delivery order with extended-period adjustments. Unique terms require the OEM to be empaneled with at least 5 PSU banks and allow participation by a single vendor from one OEM.

Technical Specifications & Requirements

  • Product/Category: Safes (V3) ISI Marked to IS 550 (Q2), suitable for banking security.
  • Standards & Certification: IS 550 classification; ISI marking; ensure compliance with IS 550 format and related security criteria.
  • General Requirements: Provide classification (Table 1 IS 550) and specify the number of doors; confirm gross internal volume (L) per Table 2 IS 550.
  • OEM/Vendor Criteria: One vendor per OEM; OEM must be empaneled with at least 5 PSU banks; bidders must align to seller’s mark and supply chain credibility.
  • Delivery/Variation: Option clause permits up to 25% quantity variation; delivery timing starts from the last date of the original delivery order; extended delivery requires at least 30 days minimum.
  • EMD: ₹15,000 to be submitted with bid; payment terms not specified in available data.

Terms, Conditions & Eligibility

  • EMD: ₹15,000; must be submitted with bid.
  • Delivery Window: Delivery period terms tie to original order date; additional time calculations apply with a minimum of 30 days.
  • Quantity Variation: Purchaser may increase/decrease quantity up to 25% during/after contract; rates fixed to contracted terms.
  • OEM Eligibility: Only one OEM per vendor; OEM must be empaneled with at least 5 PSU banks.
  • Documentation: Full compliance with ISI marking, IS 550 classification, and supporting OEM credentials; ensure eligibility criteria are met before bid submission.

Key Specifications

  • Product: Safes (V3) ISI Marked to IS 550

  • Standards: IS 550 (classification & volume), ISI marking

  • Measurements: Gross Internal Volume per Table 2 IS 550

  • Security: Number of doors as per IS 550 specification

  • OEM: Single vendor per OEM; OEM empaneled with >= 5 PSU banks

Terms & Conditions

  • EMD ₹15,000 required with bid submission

  • Quantity variation up to 25% at contract placement and during currency

  • Delivery period linked to last original delivery order date with minimum 30 days

  • OEM eligibility requires empanelment with at least 5 PSU banks

  • Only one vendor per OEM; ensure ISI IS 550 compliance and certification

Important Clauses

Payment Terms

No explicit payment terms provided; bid should confirm payment upon delivery per bank policy after submission of required documents.

Delivery Schedule

Delivery starts from the last date of original delivery order; if option exercised, extended time uses formula (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.

Penalties/Liquidated Damages

Not specified in available data; bidders should verify LD terms during bid submission and contract finalization.

Bidder Eligibility

  • Must be eligible OEM with empanelment from at least 5 PSU banks

  • Only a single vendor per OEM allowed

  • Must provide ISI marking and IS 550 standard compliance certificates

Past Similar Tenders (Historical Results)

5 found

Safes (V3) ISI Marked to IS 550

State Bank Of India (sbi)

THRISSUR, KERALA

Posted: 25 September 2025
Closed: 6 October 2025
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Safes (V3) ISI Marked to IS 550

State Bank Of India (sbi)

THRISSUR, KERALA

Posted: 6 October 2025
Closed: 16 October 2025
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Safes (V3) ISI Marked to IS 550

State Bank Of India (sbi)

BHILWARA, RAJASTHAN

Posted: 6 October 2025
Closed: 13 October 2025
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Safes (V3) ISI Marked to IS 550

State Bank Of India (sbi)

JODHPUR, RAJASTHAN

Posted: 6 October 2025
Closed: 10 October 2025
GEM

Safes (V3) ISI Marked to IS 550

State Bank Of India (sbi)

THRISSUR, KERALA

Posted: 25 September 2025
Closed: 6 October 2025
GEM

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)

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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates in supplying safes or banking security equipment

4

Financial statements for last 2-3 years

5

EMD submission proof (₹15,000)

6

Technical bid documentation asserting IS 550 compliance and ISI marking

7

OEM authorization / empanelment with PSU banks

8

Product specifications confirming Table 1 IS 550 classification and Table 2 volume

Frequently Asked Questions

Key insights about PUNJAB tender market

How to bid for ISI marked safes tender in Hoshiarpur Punjab 2025?

Bidders must meet OEM eligibility (empaneled with ≥5 PSU banks) and provide ISI/I S550 compliant safes with IS 550 classification. Submit EMD ₹15,000, GST, PAN, and experience certificates. Ensure one OEM per bidder and meet 25% quantity variation terms.

What documents are required for Punjab National Bank safes tender in 2025?

Submit GST certificate, PAN card, last 3 years financial statements, OEM authorization confirming ISI/IS 550 compliance, experience certificates for similar safes supply, EMD proof of ₹15,000, technical bid detailing Table 1/2 IS 550 classifications, and PSU bank empanelment proof.

What are the technical specifications for IS 550 safes in this bid?

Safes must be ISI marked and IS 550 compliant; provide classification per Table 1, number of doors per safe, and gross internal volume per Table 2. Ensure V3 category is met with corresponding security features and rating.

When is the delivery window for the safes procurement in Hoshiarpur?

Delivery period begins from the last date of the original delivery order; if quantity is increased, extended time equals (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.

What is the EMD amount for the Punjab National Bank safes tender 2025?

The EMD amount is ₹15,000 to be paid at bid submission; ensure payment is documented with submission receipts and bank details as per tender terms.

What is required for OEM eligibility in this safes tender?

OEM must be empaneled with at least 5 PSU banks; only one vendor per OEM is allowed; submit OEM empanelment proof and confirm ISI/IS 550 compliance in the technical bid.