GEM

Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Ujjain Madhya Pradesh 2026

Bid Publish Date

04-Jan-2026, 11:07 am

Bid End Date

14-Jan-2026, 12:00 pm

Progress

Issue04-Jan-2026, 11:07 am
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

2

Bid Type

Two Packet Bid

Categories 1

Tender Overview

Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in Ujjain, Madhya Pradesh. The procurement focuses on ISI-marked safes compliant with IS 550 standards, with data points including Table 1 classification, number of doors, and gross internal volume (L) per Table 2. Bidder must align to V3 category and ensure ISI marking. The tender emphasizes standard classification, door configuration, and lock-key considerations, with quantity adjustments permitted by the option clause. The procurement context centers on secure, compliant banking safes for branch or vault deployment in Madhya Pradesh.

Technical Specifications & Requirements

  • Product category: Safes (V3) ISI Marked to IS 550, Class/Classification per Table 1 of IS 550
  • Physical requirements: Gross Internal Volume (L) as per Table 2 of IS 550; standard size defined by IS 550 guidance
  • Doors/Locks: Number of doors in safe; Number of lock keys as per point (x)(a) of Table 2
  • Standards & compliance: ISI Marked safes with IS 550 compliance for Class/Classification and internal configurations; ensure accurate documentation for audit
  • Context: All specifications must be consistent with banking safety needs and ISI certification requirements to withstand regulatory scrutiny and theft prevention beyond standard vault equipment

Terms, Conditions & Eligibility

  • Delivery/quantity option: Purchaser may increase/decrease quantity up to 25% at contract placement and during currency with contracted rates
  • Delivery timeline: Additional delivery time calculation: (Additional quantity / Original quantity) × Original delivery period, minimum 30 days; extended period may stretch per option clause
  • Compliance note: Bidders must adhere to the option clause and timing adjustments as stated in buyer terms
  • Other conditions: Focus on ISI marking, IS 550 conformity, and bank-specific security considerations; ensure readiness for audit and post-installation approvals

Key Specifications

  • Product/service: Safes (V3) ISI Marked to IS 550, Class/Classification per IS 550 Table 1

  • Quantity: Not specified in BOQ; quantity adjustment allowed up to 25%

  • Capacity: Gross Internal Volume in L as per Table 2 of IS 550

  • Locks: Number of lock keys per Table 2 (x)(a) specification

Terms & Conditions

  • EMD amount and exact payment terms to be provided in the final tender documents

  • Delivery period subject to 25% quantity variation with minimum 30 days

  • IS 550 compliant, ISI marked safes; adherence to ISI certification during bid evaluation

Important Clauses

Payment Terms

Details to be provided in buyer documents; ensure ISI-marked safes meet finance department requirements

Delivery Schedule

Delivery period linked to original order date; 25% quantity variation allowed with calculated extension

Penalties/Liquidated Damages

Not specified in available data; ensure readiness for standard bank LD terms in final tender

Bidder Eligibility

  • Experience in supplying ISI marked safes to IS 550 standards

  • Demonstrated capability to meet 25% quantity variation

  • Compliance with document submission requirements (GST, PAN, experience, financials)

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Technical Specifications 1 Item

Item #1 Details

View Catalog
Category Specification Requirement
GENERAL REQUIREMENTS Classification of Safes (as per Table 1 of IS 550 | Format: Class / Classification Code) A / TRTL – 30 × 6
GENERAL REQUIREMENTS Number of Doors in Safe Single Door
PHYSICAL REQUIREMENTS Standard Size of Safe (Gross Internal Volume, in L) (As per Table 2 of IS 550) 1340 (336 L)
PHYSICAL REQUIREMENTS Gross Internal Volume (in L | As per table 2 of IS 550) 336
LOCKS Number of lock keys on safe (as per point x (a) of Table 2) 2

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar safes supply

4

Financial statements (audited if available)

5

EMD/Security deposit documentation (as specified in tender)

6

Technical bid documents demonstrating ISI Mark and IS 550 compliance

7

OEM authorizations or manufacturer attestations (if applicable)

Frequently Asked Questions

Key insights about MADHYA PRADESH tender market

How to bid for safes ISI marked to IS 550 tender in Ujjain?

Bidders must submit GST, PAN, experience certificates, and financial statements; include OEM authorizations if applicable. Ensure ISI marking and IS 550 compliance documentation is attached. Delivery terms and quantity variation up to 25% must be acknowledged, along with any EMD requirements stated in the final terms.

What documents are required for Punjab National Bank safes procurement 2026?

Required documents include GST registration, PAN card, experience certificates for similar safes, audited financial statements, EMD documentation, and technical bid demonstrating ISI and IS 550 compliance. OEM authorizations may be needed if the bidder is not the primary manufacturer.

What are the IS 550 standards for V3 safes in this bid?

The safes must be ISI Marked and conform to IS 550 specifications, including Table 1 for classification and Table 2 for gross internal volume and lock-key configurations. Provide evidence of ISI certification and IS 550 compliance in the technical bid.

When is the delivery window for quantity variation in this tender?

The buyer permits a quantity variation of up to 25% at contract placement and during the currency at contracted rates. Delivery time is calculated with a minimum extension of 30 days when quantities change, per the option clause.

What are the key eligibility criteria for bank safes supply in MP?

Eligibility includes prior experience supplying ISI-marked safes to IS 550, demonstrable financial stability, GST registration, and submission of complete technical and financial bids with OEM authorizations and ISI/IS 550 documentation.

What are the required standards and certifications for this PNB tender?

Bidders must provide ISI Marked safes compliant with IS 550; include IS 550 class/table documentation and relevant OEM certifications. Proof of compliance and audit-ready paperwork are essential for bid evaluation and post-award verification.

What is the bidding location and organization for this tender?

The tender is issued by Punjab National Bank for safes in Ujjain, Madhya Pradesh. Bidders should align with regional security equipment procurement norms and submit mandatory documents to participate in this procurement bid.

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