Bid Publish Date
11-Sep-2026, 10:25 pm
Bid End Date
21-Sep-2026, 9:00 pm
EMD
₹96,72,000
Value
₹19,34,40,000
Location
Progress
State Bank of India seeks procurement of Safes (V3) ISI Marked to IS 550 in the East Godavari district, Andhra Pradesh. The estimated contract value is ₹193,44,00,000 with an EMD of ₹9,67,20,000. The order may cover multiple safes, with an option clause allowing quantity variation up to 25% of bid quantity at contract placement and during the currency of the contract. Delivery timelines hinge on the original order date, with minimum 30 days additional time for extended quantities. The procurement emphasizes ISI marking and IS 550 compliance to SBI security standards. This tender is structured to accommodate fluctuating demand while maintaining fixed contracted rates.
Product: Safes (V3) ISI Marked to IS 550
Estimated value: ₹193,440,000; EMD: ₹9,672,000
Delivery: As per original delivery order; option for 25% quantity variation
Standards: IS 550; ISI marking requirements
Warranty/Support: Refer to ATC; SBI terms apply
EMD amount and submission per tender terms
25% quantity variation rights during contract
delivery period tied to original order with extension rules
ATC to specify payment terms; take note of EMD requirement and delivery-linked payments
Delivery begins from the last date of the original delivery order; extended period uses the formula with minimum 30 days
LD terms to be defined in ATC; ensure compliance with delivery timelines and performance requirements
Experience in supplying ISI Marked safes or equivalent security equipment
Demonstrated turnover to support ₹193.44 million contract value
GST registration and PAN, with financial solvency documentation
Quantity
160
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
Yes
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
No
Bid Splitting Applied
Yes
Min. Avg. Annual Turnover
335
OEM Avg. Turnover
335
Past Performance
70 %
Experience Required
3 Year (s)
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)
Advisory Bank
State Bank of India
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)
Max Delivery Days
60
Delivery Locations
1
Delivery Cities
East Godavari
Delivery Pincodes
533103
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Srivadan Akkajoshyula | 533103,AO RAJAMAHENDRAVARAM, SBI SQURE, KAMBALA CHERUVU, RAJAMAHENDRAVARAM,E.G.Dist , A.P. 533103 | East Godavari | Andhra Pradesh | 533103 | 160 | 60 | - |
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Discover companies most likely to bid on this tender
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar safes supply
Financial statements (audited)
Bid security / EMD receipt for ₹9,672,000
Technical bid documents demonstrating ISI IS 550 compliance
OEM authorization letters (if bidding as authorized distributor)
Any SBI-specified conformity certificates per ATC
Bidders must meet eligibility criteria, submit GST, PAN, EMD ₹9,672,000, and financials, and demonstrate ISI IS 550 compliance for V3 safes. Include OEM authorizations if applicable and comply with ATC delivery terms and 25% quantity variation rights.
Submit GST certificate, PAN, audited financial statements, experience certificates for similar safes, EMD receipt of ₹9,672,000, OEM authorizations, and technical compliance certificates evidencing ISI marking and IS 550 conformity per ATC.
Safes must be ISI marked with IS 550 compliance; include ISI certificate and standard numbers in technical bid. Ensure conformity to SBI ATC terms and OEM certifications where required and document testing reports.
Delivery period starts after the last date of the original delivery order; extended delivery time is calculated as (additional quantity ÷ original quantity) × original delivery period, minimum 30 days, per option clause in ATC.
The EMD amount is ₹9,672,000. Bid security must be submitted as per SBI ATC, with eligible bidders providing payment through the specified method and within the bid submission window.
The purchaser reserves the right to increase/decrease quantity up to 25% of bid quantity at contract placement and during the currency of contract, with rates fixed per the contract terms.