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State Bank of India Safes ISI Marked to IS 550 Tender 2026 India - V3 Safe Procurement Requirements

Bid Publish Date

21-Jan-2026, 9:13 pm

Bid End Date

26-Jan-2026, 9:00 pm

Progress

Issue21-Jan-2026, 9:13 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Single Packet Bid

Key Highlights

  • IS 550 compliance with ISI marking required for safes
  • IS 550 Table 1 classification and Table 2 volume requirements
  • Option clause allowing 25% quantity variation during contract
  • Delivery/installation readiness to SBI branch network (ODELA mentioned)
  • No BOQ items; emphasis on exact IS 550 specs and door counts
  • Possible need for OEM/brand-specific compliance or authorizations
  • Warranty and penalty terms to be clarified in final T&C
  • Bidder to meet branch-wide delivery and installation standards

Tender Overview

State Bank of India invites bids for Safes (V3) ISI Marked to IS 550, targeting classification per IS 550 Table 1, with specified number of doors and gross internal volume (L) as per Table 2. The contract scope centers on supplying safes meeting ISI certification standards for SBI branches, including a potential extension option for up to 25% quantity change at contracted rates. The procurement emphasizes precise compliance with IS 550 classifications and physical dimensions, and the winning bidder may need to deliver to multiple SBI branches, including a specified location for the ODELA branch per BOQ notes. The bidder must align with the buyer’s option clause and delivery cadence, ensuring conformity to the ISI Marked safes specification. This tender requires strict adherence to the specified standard and installation readiness, with emphasis on quality assurance and timely delivery.

Technical Specifications & Requirements

  • Category: GENERAL REQUIREMENTS — Classification of Safes: IS 550 Table 1 format (Class / Classification Code)
  • Category: GENERAL REQUIREMENTS — Number of Doors in Safe (as per IS 550)
  • Category: PHYSICAL REQUIREMENTS — Standard Size of Safe: Gross Internal Volume (L) as per Table 2 of IS 550
  • Standards: ISI Marked to IS 550; compliance with the IS 550 standard for safe construction and classification
  • Delivery & Installation: Delivery terms to SBI branches; installation readiness per IS 550 requirements; potential 25% quantity variation during contract
  • BOQ Context: No BOQ items listed; emphasis on meeting IS 550 specifications and classification details

Terms, Conditions & Eligibility

  • EMD: Not disclosed in data; bidders must verify real-time terms in Buyer Added Terms
  • Delivery Terms: Delivery period linked to original order date; option to extend as per (Increased quantity ÷ Original quantity) × Original delivery period, min 30 days
  • Payment Terms: Not specified in provided data; bidders should await tender release for payment schedule
  • Eligibility & Documentation: Compliance with IS 550 classification; ISI marking; experience in supplying ISI-approved safes preferred
  • Penalties & Warranties: Not specified in data; confirm LD clauses and warranty with final tender documents
  • Special Clauses: Right to increase/decrease quantity by up to 25% during contract; delivery calculations follow the option clause

Key Specifications

  • IS 550 compliant safes with ISI marking

  • Classification per IS 550 Table 1 (Class/Code)

  • Safe dimensions: gross internal volume as per Table 2

  • Number of doors as per IS 550 requirements

  • Delivery to SBI branches with installation readiness

Terms & Conditions

  • RIGHT to adjust quantity up to 25% during/after contract

  • Delivery period aligned to original order date; extended if required

  • IS 550 ISI-marked safes with exact classification and dimensions

Important Clauses

Payment Terms

Payment terms to be finalized in the tender; contingent on delivery milestones and SBI approval

Delivery Schedule

Delivery must commence from the last date of original delivery order; extension rules apply per option clause

Penalties/Liquidated Damages

LDs and penalties to be specified in final contract terms; ensure compliance with delivery timelines

Bidder Eligibility

  • Experience in supplying ISI-marked safes to financial institutions

  • Demonstrated capability to meet IS 550 classification and volume specs

  • Financial stability with verifiable statements and tax compliance

Documents 4

GeM-Bidding-8869141.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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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) AAA / TRTL – 90 × 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)

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar ISI-marked safes supply

4

Financial statements (last 2–3 years) to demonstrate capability

5

EMD/Security deposit documentation as per final terms

6

Technical compliance certificates for IS 550 / ISI marking

7

OEM authorization or authorized dealership letters (if applicable)

Frequently Asked Questions

Key insights about TELANGANA tender market

How to bid for SBI safes tender ISI IS 550 2026?

Bidders should verify IS 550 classification requirements, prepare ISI marking certificates, provide OEM authorizations if required, and submit GST, PAN, experience, and financial documents. Ensure capacity to supply safes with correct door counts and gross internal volume as per Table 2.Delivery to SBI branches must meet installation readiness.

What documents are required for SBI safe procurement bid 2026?

Submit GST certificate, PAN card, 2–3 years of financial statements, experience certificates for ISI-marked safes, EMD documents, technical compliance certificates for IS 550, and OEM authorization if applicable. Ensure all documents align with T&C and ISI marking requirements.

What are the IS 550 standards for SBI safes procurement?

Bidders must supply safes classified per IS 550 Table 1 with the correct class/code and ensure gross internal volume adheres to Table 2. Safes must bear ISI mark and comply with all physical and construction requirements stated in IS 550 for security equipment.

When is the delivery window for SBI safes under this tender?

Delivery terms reference the last date of the original delivery order; if quantity changes, extended time equals (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days, with potential extension up to the original period.

What are the eligibility criteria for supplying SBI safes 2026?

Eligibility includes prior experience in supplying ISI-marked safes, demonstrated financial stability, GST/PAN compliance, and capability to meet IS 550 classification and volume requirements. OEM authorization may be required if specified by SBI terms.

What are the key terms for quantity variation in this SBI tender?

The Purchaser may alter quantity up to 25% at contract placement and during currency at contracted rates. Delivery time adjusts per the option clause, with a minimum extension of 30 days and recalculated duration based on original vs increased quantity.

What standards and certifications must safes meet for SBI 2026 bid?

Safes must be ISI marked and IS 550 compliant, with classification per IS 550 Table 1 and volume per Table 2. Bidders should provide ISI certificates and compliance statements, plus OEM authorization if required by SBI procurement terms.

What installation requirements are specified for SBI safe delivery?

Installations must be ready at SBI branches per IS 550 physical requirements. Bidders should confirm delivery readiness, branch-specific installation constraints, and ensure safes meet exact dimension and door-number specifications before dispatch.

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