State Bank of India Safes (V3) ISI Marked to IS 550 – Chittoor, Andhra Pradesh 2026 Tender

Tender Overview

State Bank of India invites bids for Safes (V3) compliant with ISI Marked to IS 550 standard in Chittoor, Andhra Pradesh. The procurement focuses on safe classifications per IS 550, with details on door count, gross internal volume, and lock key requirements. The contract contemplates a controlled quantity with option for up to 25% adjustment. The BOQ shows no listed line items, signaling a standardized safe package rather than multiple SKUs. Key differentiators include strict adherence to IS 550 Classification Code and Table 2 size/volume specifications, ensuring uniform security equipment across SBI branches. This tender emphasizes compliance, delivery readiness, and conformity to government procurement norms for bank-safe installations.

Technical Specifications & Requirements

• Safety classification per IS 550 Table 1 (Class / Classification Code) and match to V3 ISI Marked requirements
• Number of doors: as per IS 550 specification; bidders must indicate exact door count in their technical bid
• Gross Internal Volume: capacity measured in liters, per Table 2 of IS 550; provide internal volume and overall external dimensions for accurate fitment
• Locking system: number of lock keys per safe as described in Table 2 x (a); supplier must specify key count and locking mechanism type
• Compliance: ensure ISI Marked product with IS 550 compliance; provide certification and test reports with bid
• Delivery readiness: supplier to confirm packaging, installation support, and on-site delivery schedule aligned with SBI terms
• Experience: demonstration of ability to supply standardized safes to financial institutions with proper warranty

Terms, Conditions & Eligibility

• EMD and exact amount to be clarified in the bid document; ensure submission with bid response
• Delivery terms: conform to option clause allowing up to 25% quantity variation at contracted rates; delivery period anchored to original order dates with calculated extensions
• Payment terms: reference SBI procurement norms; confirm milestone payments tied to delivery and installation completion
• Documentation: provide GST registration, PAN, experience certificates, and technical compliance documents; OEM authorization if applicable
• Warranty/Service: specify post-installation support and warranty duration per SBI requirements
• Penalty regime: adhere to liquidated damages and performance guarantees as per tender terms