Punjab National Bank ISI Marked Safes Tender IS 550 (Q2) Rewari Haryana 2026
Progress
Key Highlights
- • IS 550 (Q2) compliant safes under PSU procurement
- • EMD amount clearly specified: ₹180,000
- • Quantity flexibility up to 25% during and after contract
- • Delivery extensions governed by formula with minimum 30 days
- • ATC document uploaded; bidders must review specifics
- • No BOQ items published; procurement scope appears framework-based
- • Location: Rewari, Haryana; organization: Punjab National Bank
Tender Overview
Punjab National Bank (Banking Sector) seeks suppliers for ISI Marked safes to IS 550 (Q2) at Rewari, Haryana 122100. The tender involves safes meeting ISI and IS 550 standards, with an EMD of ₹180,000. The contract contemplates flexible quantity up to 25% additional quantity during contract execution, at contracted rates. The delivery schedule links to the original delivery period, with potential extensions calculated by a defined formula. No BOQ items are published, indicating a procurement intent rather than a fixed schedule. This tender emphasizes compliance with security equipment standards and a robust delivery framework under bank procurement norms.
- Organization: Punjab National Bank
- Location: Rewari, Haryana
- Product: ISI Marked safes to IS 550 (Q2)
- EMD: ₹180,000
- Quantity flexibility: up to 25% more during contract
- Delivery: linked to original delivery period with extension formula
- Special condition: Right to alter quantity; ATC uploaded for bidder reference
Technical Specifications & Requirements
- Product category: Safes (V3) ISI Marked to IS 550 (Q2)
- Standards referenced: IS 550; ISI certification implied; no detailed item specs provided in the BOQ
- Purchase context: No BOQ items listed, suggesting a framework for secure storage equipment procurement by Punjab National Bank
- Experience/format: Bidders should be prepared to meet bank procurement norms and ISI/quality expectations; ATC terms exist but not fully disclosed here
- Delivery implications: Delivery period governed by original order date, with option to extend per formula; ensure alignment with bank delivery workflows
- EMD clarity: ₹180,000 as security deposit to participate; prepare eligible payment submission
Terms, Conditions & Eligibility
- Quantity/option clause: Purchaser may increase/decrease quantity up to 25% at contract award and during currency; additional time computed as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
- Delivery time: Commences from last date of original delivery order; extension time rules apply
- Compliance: Bidders must adhere to option clause and delivery extension mechanics
- Documentation: Ensure readiness to submit required EMD and bank procurement documents per ATC
Key Specifications
-
Product/service: ISI Marked safes (V3) to IS 550 (Q2)
-
Estimated value: Not specified; EMD clearly stated as ₹180,000
-
Delivery: Based on original delivery order date with option-driven extensions
-
Standards: IS 550; ISI marking implied; no explicit dimensional specs in data
-
Brand/OEM requirements: Not specified; ISI/ISI mark emphasized
-
Quality/testing: ISI/IS 550 compliance implied, ATC rights reserved
Terms & Conditions
-
EMD of ₹180,000 required for bid participation
-
Quantity may vary up to 25% during contract execution
-
Delivery extensions governed by calculated formula with 30-day minimum
Important Clauses
Payment Terms
Not disclosed in provided data; typical bank procurements require secure payment terms per ATC
Delivery Schedule
Delivery period starts from last date of original delivery order; extensions possible per option clause formula
Penalties/Liquidated Damages
Not specified in provided data; ATC may include LD for delays per standard bank procurement
Bidder Eligibility
-
Eligible bidders with ISI/IS 550 experience or compliance capability
-
GST registered suppliers with financial viability
-
OEM authorization for safes (if applicable) and ability to meet delivery timelines
Tender Data
Bid Details
Quantity
6
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
Yes
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
Requirements
Min. Avg. Annual Turnover
40
OEM Avg. Turnover
350
Past Performance
80 %
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)
Advisory Bank
PUNJAB NATIONAL BANK
ePBG Percentage
3%
ePBG Duration (Months)
12
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
Rewari
Delivery Pincodes
123401
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Ajay Pareek | 123401,REWARI KANNODE GATE, REWARI, HR | Rewari | Haryana | 123401 | 6 | 15 | - |
Authority Records
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Documents 4
GeM-Bidding-9991983.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
1
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar safety equipment supply
Financial statements or turnover proof
EMD submission document (₹180,000)
Technical bid/compliance documents
OEM authorizations or distributorship certificates (if applicable)
ISI/IS 550 compliance certificates (if available)
Frequently Asked Questions
Key insights about HARYANA tender market
How to bid for ISI marked safes tender in Rewari Haryana 2026
Bidders must submit EMD of ₹180,000, GST and PAN documentation, experience certificates for safes supply, financial statements, and OEM authorizations if required. Ensure ISI/IS 550 compliance evidence and ATC compliance. Review delivery extensions formula and 25% quantity variation rights before submission.
What documents are required for Punjab National Bank safes procurement
Submit GST certificate, PAN, experience certificates for similar safes, financial statements showing viability, EMD submission document, technical compliance, and OEM authorization if applicable. Include ISI/IS 550 certification or evidence of compliance, and ATC-related documents if referenced.
What are the delivery terms for the PNB safes tender in 2026
Delivery starts from the last date of the original delivery order; option clause allows up to 25% quantity change with contract extension calculated as (Increased/Original) × Original period, minimum 30 days. Ensure alignment with bank delivery workflow and schedule.
How is the EMD amount utilized in Punjab National Bank safes bid
The EMD of ₹180,000 acts as security against bid performance. It is typically refundable post-award or after finalization, contingent on submission of required bid documents and compliance with ATC terms; failure to meet conditions may forfeit EMD per tender rules.
What standards and certifications are required for ISI safes bid in Haryana
Bidders should demonstrate ISI marking and IS 550 compliance; if not explicit, provide OEM authorization and proof of adherence to security equipment standards. ATC documents may specify additional testing or certification requirements before award.
What is the scope of quantity variation in this tender
The purchaser may increase or decrease quantity by up to 25% at contract placement and during currency at contracted rates. The extended delivery time uses the formula with a minimum 30 days, ensuring supply chain resilience.