Bid Publish Date
19-Oct-2026, 3:38 pm
Bid End Date
03-Nov-2026, 3:00 pm
Value
₹5,00,000
Location
Progress
Bank Of Baroda invites bids for Safes (V3) ISI Marked to IS 550 in AMRAVATI, MAHARASHTRA. Estimated value: ₹5,00,000. No BOQ items listed. Category emphasizes ISI Marked safes complying with IS 550 and V3 rating for security equipment. The contract includes an option clause allowing up to 25% quantity variation during order and currency, at contracted rates, with delivery timelines calculated from the last delivery date. This procurement targets secure storage solutions for bank operations, with emphasis on compliance and scalable demand.
Product/service: Safes (V3) ISI Marked to IS 550
Estimated value: ₹5,00,000
Standards: ISI Marked, IS 550 compliant
Delivery: 25% quantity variation option with minimum 30 days extension
Location: Amravati, Maharashtra
Documentation: standard tender submission and compliance
Option clause allows ±25% quantity change at contracted rates
Delivery timelines derived from last date of original order
EMD and exact submission documents not specified in data
Not specified in data; standard Bank of Baroda practice may apply
Delivery period begins after original delivery order; option extension formula applies with minimum 30 days
Not specified in data; typical banking procurement penalties may apply
Experience in supplying ISI-marked security safes or equivalent
Financial stability demonstrated by recent statements
Compliance with IS 550 and ISI standards (if specified by issuer)
Quantity
2
Bid Type
Single Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
EMD Required
No
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Arbitration Clause
No
Mediation Clause
No
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 10 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)
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Amravati
Delivery Pincodes
444603
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Krishna Prasad K P | 444603,Bank of Baroda, Regional Office, Plot no.1243, Opp. PDMC, Morshi Road, Radha Nagar, Amravati, MH- 444603 | Amravati | Maharashtra | 444603 | 2 | 15 | - |
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Main Document
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Discover companies most likely to bid on this tender
GST registration certificate
Permanent Account Number (PAN)
Experience certificates for similar safes supply
Financial statements or balance sheet
EMD deposit documentation (if applicable per terms)
Technical bid documents and compliance statements
OEM authorizations or authorized dealer certificates (if required by Bank of Baroda)
Key insights about MAHARASHTRA tender market
Bidders should prepare GST registration, PAN, experience certificates for similar safes supply, financial statements, and EMD documents if applicable. Ensure compliance with IS 550, ISI marks, and the bank's option clause allowing up to 25% quantity variation. Verify delivery schedule reliability and submit OEM authorizations if required.
Submit GST certificate, PAN, company profile, experience certificates for prior safes supply, financial statements, EMD receipts, technical compliance notes, and OEM authorization if needed. Include a clearance letter for ISI Marked to IS 550 compliance and proof of manufacturing capability for V3 safes.
Tenders require ISI Marked safes compliant with IS 550, category V3. Bidders must demonstrate ISI certification, adherence to IS 550 standard specifications, and provide evidence of secure construction, test reports, and warranty terms relevant to security safes.
Delivery starts from the last date of the original delivery order. If the buyer exercises the 25% option clause, delivery time extends per the formula: (Increase/Original) × Original delivery period, with a minimum extension of 30 days.
EMD details are not explicitly stated in the data. Bidders should confirm with the procuring entity and prepare the security deposit as per Bank of Baroda standard tender practices, ensuring readiness to furnish DD or online payment documentation if mandated.
Confirm ISI Mark compliance certificate and IS 550 alignment. Request product test reports or BIS/ISI certificates, verify enclosure fire resistance claims, and ensure the V3 rating meets security and resistance criteria specified by the BIS/ISI standards for bank safes.
The policy allows up to a 25% quantity variation at contracted rates during order placement and currency fluctuations. Ensure clear price quotes for base quantity and the extended quantity, with delivery timelines adjusted accordingly under the option clause.
The procuring organization is Bank Of Baroda under the Department of Financial Services, located in Amravati, Maharashtra (postal code 444601). Suppliers should align with local regulatory requirements and Bank of Baroda procurement practices for security equipment.