State Bank Of India Safes (V3) ISI Marked to IS 550 Tender Rajasthan Sik ar 2026
Progress
Tender Overview
State Bank Of India invites bids for Safes (V3) ISI Marked to IS 550 in Sikar, Rajasthan (331024). Scope includes procurement of ISI marked safes conforming to IS 550, under a bid with potential quantity adjustments up to 25% during contract execution. The tender emphasizes delivery schedules linked to the original order and extended periods, with timing adjustments calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days. This opportunity requires bidders to align with the ISI certification pathway, and the purchase is positioned within the Department Of Financial Services framework. Key differentiator lies in ISI Marked safety equipment with IS 550 compliance, and a flexible option clause that can impact final order quantities and delivery. Unique aspects include lack of BOQ items and unspecified start/end dates, while the procurement designation highlights a security equipment category for financial institutions.
Technical Specifications & Requirements
- Organization: State Bank Of India
- Location: Sikar, Rajasthan (331024)
- Product category: Safes (V3) ISI Marked to IS 550
- Certification: ISI Marked; compliance with IS 550 standard
- Delivery & quantity: option to increase/decrease quantity up to 25%; delivery period as per original/delivered orders with minimum 30 days extra if extended
- BOQ: No items listed; tender appears to be a framework for secure storage solutions
- EMD/Financials: Not disclosed in data; bidders should prepare standard bid security and financials per SBI terms
- Standards: V3 grade safes; general compliance to security equipment standards as per State Bank of India requirements
Terms, Conditions & Eligibility
- EMD: Not specified in data; bidders should verify SBI terms and submit bid security as applicable
- Delivery: Delivery period linked to last date of original delivery order; extended period formula applies with minimum 30 days
- Quantity Flexibility: Up to 25% quantity variation during contract
- Documents Required: GST certificate, PAN card, experience certificates, financial statements, EMD documentation, technical bid, OEM authorizations
- Warranty/Support: Not explicitly stated; bidders should confirm warranty terms during bid submission
- Compliance: Bidders must comply with option clause and ISI/IS 550 standards for safes
- LOI/PO Terms: To be issued at contract award with standard SBI procurement terms
Key Specifications
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- Product/service: Safes (V3) ISI Marked to IS 550
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- Capacity/size: not specified in data (seek ISI V3 safe specs during bid)
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- Certification: ISI Marked; IS 550 compliant
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- Brand/OEM: not specified; include OEM authorization if required
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- Testing/Quality: ISI/IS 550 compliance verification
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- Warranty/AMC: not specified; confirm during bid
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- Delivery: standard SBI delivery framework with 30-day minimum extension guidance
Terms & Conditions
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Option clause allows +/-25% quantity during contract with calculated extension
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Delivery period extends from original delivery date with a 30-day minimum for extensions
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IS 550 compliant safes must be ISI marked and SBI-procured security equipment
Important Clauses
Payment Terms
Not specified in data; bidders should seek SBI standard payment terms and confirm through bid documents
Delivery Schedule
Delivery begins from last date of original delivery order; extended delivery period calculated as (Increased quantity ÷ Original quantity) × Original delivery period with minimum 30 days
Penalties/Liquidated Damages
Not specified in data; verify in bidder terms and SBI procurement guidelines
Bidder Eligibility
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Proven experience in supplying ISI Marked safes or security storage solutions
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Valid GST registration and PAN
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Financial stability with clear statements for the last 2-3 years
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Authorized OEM/Manufacturer authorization for safes meeting IS 550
Tender Data
Bid Details
Quantity
1
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
No
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
3
OEM Avg. Turnover
3
Past Performance
10 %
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)
Payment Timelines
Payments shall be made to the Seller within 45 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
Sikar
Delivery Pincodes
332001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Mukesh Bajiya | 332001,SBI, Regional Buisness Office-5, Dhodh Panchayat Samiti Parisar, Sanwali Road, Sikar. | Sikar | Rajasthan | 332001 | 1 | 15 | - |
Authority Records
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Documents 3
GeM-Bidding-10006956.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar safes/ISI marked procurements
Financial statements (last 2-3 years)
EMD/Security deposit documentation (as per SBI terms)
Technical bid documents demonstrating ISI Marked to IS 550 compliance
OEM authorization/authorizations from the safe manufacturer
Any certification proofs (ISI certification body, IS 550 compliance documents)
Frequently Asked Questions
Key insights about RAJASTHAN tender market
How to bid for SBI safes ISI marked tender in Sik ar Rajasthan 2026
Bidders must submit GST, PAN, experience certificates, financial statements, EMD documents, technical compliance proofs for ISI Marked safes, and OEM authorizations. Ensure IS 550 conformity and ISI certification. Prepare a technical bid showing manufacturer capabilities and delivery capability; follow SBI terms and confirm option clause applicability.
What documents are required for safes ISI bid in Rajasthan
Required documents include GST certificate, PAN card, last 2-3 years financial statements, experience certificates for similar safes, EMD documentation, technical bid with ISI and IS 550 compliance proofs, and OEM authorization. Ensure all documents are valid and up-to-date at submission.
What are the ISI 550 standards for safes in SBI tender
Tender requires safes that are ISI Marked and IS 550 compliant. Vendors must provide ISI certificate details and test reports validating conformity to IS 550, ensuring safety performance, resistance ratings, and material specifications meet regulatory criteria for bank-grade storage.
When is the delivery period for SBI safes procurement in Rajasthan
Delivery is tied to the last date of the original delivery order; if the option clause is exercised, the extended period uses (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days.
What is the EMD amount for the SBI safes tender in Sik ar
EMD amount details are not disclosed in the data; bidders should refer to SBI procurement guidelines and submit the required bid security as per the official tender documents and GFR standards.
How to verify OEM authorization for SBI safe procurement in Rajasthan
Obtain formal OEM authorization letters from the safe manufacturer, ensuring the authorization covers ISI Marked safes and IS 550 compliance. Include these documents in the technical bid and reference model numbers and warranty terms.
What are the payment terms for SBI safes supply contract
Payment terms are not specified in data; bidders should confirm SBI standard terms, typically including milestone-based payments aligned with delivery milestones and acceptance, with clear warranty and support arrangements.