State Bank of India Safes V3 ISI Marked to IS 550 Tender Bellary Karnataka 2026
Progress
Key Highlights
- • Brand/OEM requirement: ISI Marked safes to IS 550 (V3) for SBI procurement
- • Technical standards: IS 550 compliance; ISI certification implied
- • Special clause: option to increase/decrease quantity up to 25% during contract
- • Delivery terms: calculated extension period with minimum 30 days
- • Eligibility: ability to supply bank-grade safes; ISI Marked to IS 550
- • Warranty/AMC: not specified; rely on supplier terms
- • Penalties: not described; standard clauses may apply per contract
- • Delivery location: Bellary, Karnataka; bank security equipment scope
- • Payment terms: not disclosed; typical SBI payment terms apply
Tender Overview
State Bank Of India invites bids for Safes (V3) ISI Marked to IS 550 in Bellary, Karnataka. The tender references a quantitative clause allowing up to 25% quantity variation during contract; delivery timing aligns with the last delivery order date, with a scalable extension formula and a minimum 30 days uptick. The scope centers on procurement of ISI Marked safes meeting IS 550 requirements; no BOQ items listed, and estimated value/EMD are not disclosed. The procurement emphasizes compliance with the specified safety standard and supplier readiness to scale delivery within the option period. The organization’s procurement context focuses on secure storage equipment under the Department of Financial Services, with a clear emphasis on standardization and risk management for banking infrastructure.
Technical Specifications & Requirements
- Product category: Safes (V3) ISI Marked to IS 550
- Standard compliance: ISI Marked, IS 550 standard; no other technical metrics provided
- Location: Bellary, Karnataka (583101)
- Quantity/Value: No explicit quantity or estimated value disclosed; BOQ lists 0 items
- Brand/OEM/Certification: Requires ISI certification via ISI mark; scope implies reliance on reputable bank-grade safes
- Delivery/Performance: Option clause permits up to 25% quantity variation; delivery period tied to last original order date; extended time formula requires minimum 30 days
Terms, Conditions & Eligibility
- EMD/Payment: Not specified in the data; no explicit amount provided
- Delivery timelines: Derived from option clause with a calculated extension period; no fixed calendar dates given
- Documents: No explicit submission list; bidders should prepare standard GST/PAN, experience, and financials per typical SBI bid practices
- Penalties: Not specified; contract terms include quantity variation and extension rules
- Warranty/Support: Not specified; standard bank procurement practices imply warranty considerations per supplier terms
- Eligibility: Basic compliance with ISI Marked IS 550 safes and ability to meet 25% quantity variation; no explicit years of experience stated
Key Specifications
-
Product: Safes (V3) ISI Marked to IS 550
-
Standards: IS 550 (ISI Marked)
-
Certification: ISI certification required
-
Location: Bellary, Karnataka 583101
-
Delivery: linked to original delivery order with 25% quantity variation option
Terms & Conditions
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Option Clause: up to 25% quantity variation during contract
-
Delivery Extension: minimum 30 days, formula-based extension
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IS 550 Compliance: ISI Marked safes required
-
Documents: standard GST, PAN, experience, financials, OEM auth
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Commercial terms: EMD not disclosed; payment terms not specified
Important Clauses
Payment Terms
No explicit payment terms provided; bidders should anticipate SBI standard terms and submit compliant invoices per contract
Delivery Schedule
Delivery starts from the last date of original delivery order; extension time calculated as (increased quantity / original quantity) × original delivery period with minimum 30 days
Penalties/Liquidated Damages
Not specified in data; bidders should rely on standard SBI LD provisions in the final contract
Bidder Eligibility
-
Experience in supplying ISI Marked safes to IS 550 standards
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Demonstrated ability to supply bank-grade security equipment
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Financial stability evidenced by audited statements
Tender Data
Bid Details
Quantity
1
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
No
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
4
OEM Avg. Turnover
4
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)
Payment Timelines
Payments shall be made to the Seller within 15 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
Vijaynagar
Delivery Pincodes
583201
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Gobinda Chandra Jena | 583201,STATE BANK OF INDIA REGIONAL BUSINESS OFFICE #97 1ST FLOOR STATION ROAD HOSPET | Vijaynagar | Karnataka | 583201 | 1 | 15 | - |
Authority Records
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Documents 3
GeM-Bidding-9945142.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
1
Required Documents
GST certificate
PAN card
Experience certificates for similar safes supply
Financial statements (audited) for stability
EMD/Security deposit documentation (if applicable by SBI terms)
Technical bid documents demonstrating ISI Marked to IS 550 compliance
OEM authorization or dealership certificate (if applicable)
Frequently Asked Questions
Key insights about KARNATAKA tender market
How to bid for SBI safes tender in Bellary Karnataka 2026?
Bidders should prepare GST, PAN, experience certificates, financial statements, EMD (if required), and ISI IS 550 compliance documentation; ensure ISI mark and V3 classification; submit OEM authorizations if needed, and comply with SBI option clause allowing up to 25% quantity variation.
What documents are required for SBI safes procurement in Karnataka?
Required documents typically include GST certificate, PAN, audited financials, experience certificates for similar bank-grade safes, EMD proof, ISI/IS 550 compliance certificates, and OEM authorization if bidding as a dealer or distributor.
What are the technical standards for SBI safes in this tender?
Safes must be ISI marked and conform to IS 550 standard; vendor must provide ISI certification and demonstrate compliance with V3 safety rating as part of technical bid evaluation.
When is the delivery period for SBI safes tender in Bellary?
Delivery terms depend on the original delivery order; extension is calculated by (increased quantity/original quantity) × original period with a minimum of 30 days.
What is the EMD requirement for SBI Karnataka safes tender?
EMD amount is not disclosed in the available data; bidders should expect SBI’s standard EMD policy and prepare funds accordingly before bid submission.
How will quantity variation affect SBI safes procurement in 2026?
Up to 25% increase or decrease in quantity is allowed during contract execution at contracted rates, with delivery period adjustments per the option clause.
What branding or OEM authorization is needed for SBI safes bid?
If bidding as OEM or dealer, provide OEM authorization or dealership certificates; ensure safes meet ISI Marked to IS 550 and carry required branding.
Which location is the SBI safes tender in 2026 targeted for?
The procurement target is in Bellary, Karnataka (583101), focusing on bank-grade safes meeting ISI Marked IS 550 standards.