Punjab and Sind Bank Safes (V3) ISI Marked to IS 550 Tender Kamrup Assam 2026

Tender Overview

Punjab and Sind Bank invites bids for Safes (V3) ISI Marked to IS 550 with approval and support requirements for delivery in Kamrup, Assam (781001). Key scope elements include safes classified per IS 550 Table 1, with specified number of doors and gross internal volume per Table 2. Although BOQ items are not listed, bidders must align with IS 550 classifications and provide exact internal capacities and door configurations. The procurement emphasizes compliance, post-sale service, and OEM participation, with an emphasis on domestic service capability and after-sales support in the bidder’s geography. The tender’s distinguishing factors are ISI marking to IS 550, and the need for a credible turnover profile and OEM/authorized seller presence in India. Unique terms include a flexible quantity clause (up to ±25%), and delivery timing linked to original/extended orders. This creates a distinct opportunity for suppliers with established ISI-compliant safes and robust service networks.

Technical Specifications & Requirements

• Standards: IS 550 (Table 1 classification, Table 2 gross internal volume)
• Product Type: Safes (V3) ISI Marked to IS 550
• Inputs: Number of doors per safe; Gross Internal Volume (L) per Table 2
• Classification: Table 1 IS 550 safety/classification codes
• Quality & Compliance: ISI marking required; OEM/Authorized Seller with Indian office for after-sales
• Delivery & Installation: Delivery timelines tied to original/extended orders; service centers in recipient-state
• Eligibility Context: OEM turnover criteria and bidder turnover criteria apply; required annual turnover figures per tender document

Terms, Conditions & Eligibility

• Quantity clause: Purchaser may increase/decrease quantity up to ±25%; extended delivery period based on a calculated formula, minimum 30 days
• Turnover: Minimum average annual turnover over last 3 years to be demonstrated via audited balances or CA certificate; applies to both bidder and OEM
• OEM requirements: OEM turnover criteria apply if bunch bids; imported products require a registered Indian office for service
• Service network: Functional service centre in the state of each consignee location; OEM/Bidder must provide service and support
• Documentation: Submission of financials and turnover evidence, ISI/OEM certifications, and service capability proofs as part of bid