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State Bank of India Safes (V3) ISI Marked to IS 550 Tender 2026 Karnataka

Bid Publish Date

06-Jun-2026, 6:24 pm

Bid End Date

25-Jun-2026, 3:00 pm

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Progress

Issue06-Jun-2026, 6:24 pm
Corrigendum17-Jun-2026
AwardPending
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Quantity

30

Bid Type

Two Packet Bid

Categories 1

Tender Overview

The State Bank of India (SBI) seeks procurement of ISI Marked safes (V3) compliant with IS 550 standards, categorized under General and Physical requirements. The tender emphasizes safes with defined classification codes and a precise gross internal volume per Table 2 of IS 550, alongside the required number of doors. Bidders should note the option clause allowing up to 25% quantity variation at contract award and during currency, with delivery timelines tied to the final delivery order. The scope centers on supported secure storage solutions for SBI branches in Karnataka, requiring geographically proximate service centers and prior supply experience within the state. A key differentiator is adherence to IS 550 classification, ISI certification, and state-level service capability. Unique terms include a 25% Quantity Variation and extended delivery time calculations, ensuring schedule resilience.

Technical Specifications & Requirements

  • Standard: IS 550, with Class/Classification Code per Table 1
  • Category: General requirements including safe classification and number of doors
  • Physical Requirements: Gross Internal Volume per Table 2 of IS 550
  • Compliance: ISI Mark and IS 550 compliance required for all safes
  • Delivery & Installation: Delivery terms aligned with final order; option clause may extend delivery by up to proportional time
  • Brand/OEM: No explicit brand restriction beyond ISI/IS 550 conformance; authorized service centers within Karnataka
  • Experience: Minimum 3 years of supplying safes and after-sales service within Karnataka
  • Documentary: Undertaking of non-blacklisting; GST and PAN documentation expected in bid

Terms, Conditions & Eligibility

  • EMD: Not explicitly stated in data; bidders should prepare as per SBI terms
  • Delivery: Base delivery period tied to last date of original delivery order; extended time formula applies
  • Payment: Terms not specified; expect SBI standard payment terms on contract
  • Experience: Minimum 3 years’ regional experience in safe supply and service in Karnataka
  • Compliance: Undertake certificate of not being blacklisted; ISI marking and IS 550 conformance required
  • Option Clause: Quantity can vary ±25%; extended delivery time proportionally calculated with minimum 30 days
  • Documentation: GST, PAN, experience certificates, financials, OEM authorizations

Key Specifications

  • Product/service: ISI Marked safes (V3) adherent to IS 550

  • Category: General requirements including safe classification and number of doors

  • Physical: Gross Internal Volume as defined in Table 2 IS 550

  • Standards: IS 550, ISI marking, Class/Classification Code per Table 1

  • Delivery: Option clause permits ±25% quantity change; delivery time based on extended period formula

  • Experience: 3 years minimum supply/service in Karnataka; authorized service centers in-state

Terms & Conditions

  • EMD as per SBI terms and non-blacklisting declaration

  • Delivery period aligned to final delivery order with option-based extensions

  • 25% quantity variation allowed during contract and currency of contract

Important Clauses

Payment Terms

SBIs standard payment terms to be applied; exact percentages not specified in data

Delivery Schedule

Delivery period starts after last date of original delivery order; extended time to be computed as (increased quantity/original quantity) × original delivery period, minimum 30 days

Penalties/Liquidated Damages

Not explicitly detailed in the provided data; SBI terms may apply LD for late delivery or non-compliance

Bidder Eligibility

  • Minimum 3 years of experience in supplying safes and after-sales service in Karnataka

  • Authorized service center established within Karnataka

  • Not blacklisted by any Government department or PSU

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 FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 4

GeM-Bidding-9432807.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

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)

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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates for safe supply/service in Karnataka (minimum 3 years)

4

Financial statements or turnover proof

5

EMD document (as per SBI terms)

6

Technical bid documents demonstrating ISI Mark and IS 550 compliance

7

OEM authorization or authorized service center proof within Karnataka

8

Declaration of non-blacklisting in Govt./PSU

Corrigendum Updates

1 Update
#1

Update

17-Jun-2026

Extended Deadline

25-Jun-2026, 3:00 pm

Opening Date

25-Jun-2026, 3:30 pm

Frequently Asked Questions

How to bid for SBI safes ISI IS 550 tender in Karnataka 2026?

Bidders must submit GST, PAN, experience certificates showing at least 3 years in Karnataka, financial statements, EMD documents, and OEM authorizations. Ensure ISI Mark and IS 550 compliance for safes, with authorized service centers in Karnataka. Adhere to the option clause for quantity variation up to 25% and delivery terms from the final order date.

What documents are required for SBI safes procurement in Karnataka 2026?

Required documents include GST certificate, PAN card, 3+ years of Karnataka safe supply experience, financial statements, EMD submission, ISI/IS 550 compliance certificates, OEM authorization, and an undertaking of not being blacklisted by Govt./PSU agencies.

What standards must safes meet for SBI Karnataka tender 2026?

Safes must be ISI Marked and IS 550 compliant, with classification per Table 1 and gross internal volume per Table 2 of IS 550. The product should fall under V3 security category, with the required number of doors as specified.

When is delivery expected for SBI Karnataka safes tender 2026?

Delivery starts after the final delivery order date. If quantity changes occur, extended time is calculated by (increased quantity ÷ original quantity) × original delivery period, with a minimum extension of 30 days.

What is the EMD requirement for SBI safes Karnataka bid 2026?

EMD details are not numerically specified in the data provided; bidders should consult the tender terms for exact amount or percentage and acceptable payment method (DD/online). Ensure GST/PAN and related compliance with the bid.

What are the eligibility criteria for Karnataka safe suppliers 2026?

Eligible bidders must demonstrate at least 3 years of Karnataka-based safe supply and service experience, possess authorized service centers within Karnataka, and provide non-blacklisting undertakings along with ISI/IS 550 compliant products.

What are the payment terms for SBI safes procurement?

Exact payment terms are not detailed in the provided data; bidders should expect SBI standard terms. Ensure your bid includes clear payment milestones, delivery verification, and post-installation acceptance aligned with contract requirements.

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