Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Karnal Haryana 2026
Progress
Quantity
22
Bid Type
Two Packet Bid
Categories
1
Tender Overview
Punjab National Bank in Karnal, Haryana seeks ISI Marked Safes (V3) to IS 550 with procurement terms for a competitive bidding process in 2026. The tender specifies a 25% quantity flex due to option clause and partial extension of delivery timelines, starting from the last date of the original delivery order. Although no BOQ items or explicit quantity are listed, the scope centers on secure safes compliant with IS 550 standards for banking operations. The opportunity centers on standard bank-grade security equipment, framed by the right to adjust orders and extend delivery within contractually defined ratios. This tender requires bidders to align with retail-scale procurement and compliance expectations typical for PSU banking equipment vendors.
Technical Specifications & Requirements
- Product category: Safes (V3) ISI Marked to IS 550 (Q2 category) for banking use
- Standards: ISI Marked with IS 550 compliance; vendor must demonstrate ISI/ISI Marking conformity
- Location: procurement for Karnal, Haryana; installation and delivery to banking site
- Quantity/Value: Not disclosed in BOQ; contract may allow up to 25% quantity variation during and after order placement
- Delivery terms: Delivery schedule adjustable within option clause; extended time proportional to quantity change, minimum 30 days; language indicates supplier must honor extended delivery periods when options are exercised
- ATC/Terms: Buyer Added ATC indicates adherence to the explicit option clause and delivery mechanics; suppliers should anticipate contract volatility and prepare flexible production capacity
- Experience/Capability: Not specified; bidders should infer banking-grade security equipment experience and ISI/IS 550 certification requirements
Terms, Conditions & Eligibility
- EMD/Security: Not specified in data; bidders should be prepared to submit standard EMD as per tender norms
- Delivery: Delivery timeline governed by option clause; initial and extended delivery periods to be computed as per (increased quantity ÷ original quantity) × original delivery period with a minimum of 30 days
- Quantity flexibility: Up to 25% increase/decrease in bid quantity at contract placement and during currency
- Compliances: Must comply with ISI Marking requirements and IS 550 standard
- Data/Documentation: No BOQ details; bidders must rely on standard banking-supply documentation and OEM authorizations
- Payment Terms and Penalties: Not specified in data; bidders should anticipate standard bank procurement terms and potential LDs per ATC
Key Specifications
-
Product/service names: Safes (V3) ISI Marked, IS 550 compliant for banking sector
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Quantities/voltages/volumes: Not disclosed; contract allows up to 25% quantity variation
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EMD/Estimated value: Not specified; bidder to prepare as per standard bank procurement
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Experience: Banking sector safes deployment experience implied; ISI/IS 550 certification required
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Quality/Compliance: ISI Marked; IS 550 standard compliance; vendor must provide certification
Terms & Conditions
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Option Clause allows ±25% quantity change at contract placement
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Delivery periods extend proportionally with quantity changes, min 30 days
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IS 550 compliant, ISI Marked safes required for Karnal procurement
Important Clauses
Payment Terms
Not specified; bidders should expect standard bank procurement payment terms and confirm in bid response
Delivery Schedule
Delivery must align with option clause; extended duration calculation: (increased quantity ÷ original quantity) × original delivery period with minimum 30 days
Penalties/Liquidated Damages
Not specified; bidders should verify LDs under ATC and contract provisions
Bidder Eligibility
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Experience in supplying ISI Marked safes with IS 550 compliance
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Financial stability evidenced by last 3 years financial statements
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Authorized OEM authorization for safes or manufacturer-provided credentials
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)
Advisory Bank
PUNJAB NATIONAL BANK
ePBG Percentage
3%
ePBG Duration (Months)
9
Payment Timelines
Payments shall be made to the Seller within 30 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
Karnal
Delivery Pincodes
132001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Atul Kaushik | 132001,PNB Circle Office Karnal, Bays 21-22, Sector 12 Karnal | Karnal | Haryana | 132001 | 22 | 15 | - |
Authority Records
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Documents 4
GeM-Bidding-9686911.pdf
Main Document
Other Documents
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Other Documents
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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/IS 550 projects
Financial statements orTurnover proof for last 3 years
EMD documentation as per tender norms (amount and mode to be confirmed)
Technical bid submission with ISI/IS 550 compliance certificates
OEM authorization or manufacturer’s authorization for safes
Product data sheets confirming ISI Mark, V3 specification, and delivery capabilities
Frequently Asked Questions
Key insights about HARYANA tender market
How to bid on the safes ISI Marked tender in Karnal Haryana 2026?
Bidders should prepare ISI Marked V3 safes with IS 550 compliance, confirm OEM authorization, compile GST/PAN, experience certificates, and financial documents. The ATC allows quantity variation up to 25%, so include scalable production and delivery plans. Ensure ISI/IS 550 conformity evidence is included in technical bids.
What documents are required for Punjab National Bank safes procurement bid?
Required submissions include GST certificate, PAN, banking equipment experience certificates, last 3 years financial statements, EMD documentation, technical bid with ISI/IS 550 compliance, OEM authorization, and product datasheets confirming V3 ISI Mark and delivery capabilities.
What standards must safes meet for this tender in Karnal?
Bidders must supply ISI Marked safes with IS 550 compliance. Provide proof of ISI registration, ISI Mark certificate, and data sheets mapping to IS 550 specifications. Ensure banking-grade security features align with V3 category requirements.
What is the delivery schedule and option clause for quantity changes?
Delivery is governed by the option clause allowing ±25% quantity change. The extended delivery time is calculated as (increased quantity ÷ original quantity) × original delivery period, with a minimum of 30 days. Additional time may be requested within contractual limits.
What are the eligibility criteria for safes procurement in Haryana?
Eligibility includes prior experience supplying ISI Marked safes, financial stability with audited statements, GST/PAN compliance, OEM authorization, and ability to meet IS 550 safety and security standards. Applicants should demonstrate capability for scalable production to accommodate quantity variations.
When is the bid submission deadline for the Karnal safes tender?
The specific submission deadline is not provided in the data. Bidders should monitor the tender portal for notices and ensure readiness with ISI/IS 550 compliant safes, OEM authorizations, and all required documents to meet last-minute updates.
How to verify IS 550 compliance for safes in this procurement?
Verify IS 550 compliance by confirming a current ISI Mark certificate, product data sheets showing performance metrics, and vendor declarations mapping features to IS 550 requirements. Cross-check with the OEM and supplier’s conformity documentation before bid submission.
What is the role of OEM authorization in the bidding process?
OEM authorization certifies that the bidder is empowered to supply the specified safes. Include the authorization letter, model numbers, and ISI/IS 550 mapping. This proof strengthens technical bids and helps satisfy eligibility criteria for banking-sector procurement.
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Documents 4
GeM-Bidding-9686911.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS