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State Bank Of India Safes ISI Marked to IS 550 V3 Tender 2025 SBI procurement

Bid Publish Date

29-Oct-2025, 10:54 am

Bid End Date

01-Nov-2025, 1:00 pm

Location

BANSWARA , RAJASTHAN

Progress

Issue29-Oct-2025, 10:54 am
Technical11-Jan-2025, 11:45 am
Financial
AwardCompleted
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Quantity

1

Bid Type

Two Packet Bid

Categories 1

SAFES

Tender Overview

The State Bank Of India (SBI) invites bids for safes conforming to ISI Marked IS 550 (V3) specification. The procurement scope emphasizes ISI certification and IS 550 compliance for security safes, with a flexible quantity option allowing up to 25% increase during contract. The contract duration includes delivery terms aligned to extended periods, with a delivery timeline adjusted from the last delivery order date. The opportunity targets suppliers capable of meeting statutory standards and providing reliable procurement support for SBI’s financial services operations. The tender highlights the need for a robust supplier base to handle bulk security equipment while adhering to ISI and V3 requirements, ensuring consistent performance across SBI branches. The unique clause enables quantity adjustments and extended delivery windows, impacting preparation of bids with scalable capacity planning and risk controls.

Technical Specifications & Requirements

  • Product category: Safes (V3) ISI Marked to IS 550 (Q2)
  • Standards: IS 550 compliance, ISI marking
  • Quality & certification: ISI certification required; V3 rated safes
  • Quantity flexibility: Option clause allows up to 25% increase/decrease from bid quantity, with proportional delivery time adjustments
  • Delivery terms: Delivery period may extend from the last delivery order date; extended time follows the formula requested in the option clause
  • Tender scope indicators: No BOQ items listed; emphasis on meeting ISI/IS 550 criteria and SBI procurement expectations

Terms, Conditions & Eligibility

  • EMD details: Not specified in the data; bidders should anticipate standard EMD requirements per SBI procurement practice
  • Delivery timeline: Delivery period adjustments possible under option clause; minimum time extension rules apply
  • Payment terms: Not explicitly provided; prepare for SBI-standard payment terms for safes supply
  • Documents required: GST registration, PAN, experience certificates, financial statements, OEM authorizations, EMD submission, technical compliance documents
  • Qualification criteria: Capability to supply ISI Marked safes, ISO/IS 550 compliant; proven experience in security equipment procurement; compliance with T&Cs including quantity variation
  • Penalties/penalty regime: Not specified; bidders should assume standard performance-based penalties and LD provisions aligned with SBI norms

Key Specifications

  • Product: Safes (V3) ISI Marked to IS 550

  • Certification: ISI mark, IS 550 standard compliance

  • Quality rating: V3 security class

  • Quantity flexibility: up to 25% variation in bid quantity

  • Delivery: extended timelines allowed per option clause

  • BOQ: No items listed; procurement based on ISI/IS 550 criteria

Terms & Conditions

  • Option Clause allows ±25% quantity variation during contract

  • Delivery period recalculated if extended under option clause

  • IS 550 compliant safes with ISI marking required

Important Clauses

Payment Terms

Not explicitly stated; bidders should align with SBI standard payment terms for supply contracts and ensure compliance with invoicing applicable to delivered quantities.

Delivery Schedule

Delivery period starts from the last date of the original delivery order; extended delivery time determined by (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.

Penalties/Liquidated Damages

Not specified in available data; bidders should assume standard SBI LD provisions for late delivery and non-conforming goods per procurement norms.

Bidder Eligibility

  • Experience in supplying ISI marked safes and security equipment

  • Demonstrated capability to meet IS 550 compliant specifications

  • Financial stability to support bulk procurement and delivery

Documents 3

GeM-Bidding-8523340.pdf

Main Document

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Past Similar Tenders (Historical Results)

5 found

Safes (V3) ISI Marked to IS 550

State Bank Of India (sbi)

JAIPUR, RAJASTHAN

Posted: 8 October 2025
Closed: 17 October 2025
GEM

Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Udaipur Rajasthan 2026

Punjab National Bank (pnb)

UDAIPUR, RAJASTHAN

Posted: 31 January 2026
Closed: 17 February 2026
GEM

Safes (V3) ISI Marked to IS 550

Punjab National Bank

INDORE, MADHYA PRADESH

Posted: 19 December 2025
Closed: 22 December 2025
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Punjab National Bank Safes ISI Marked to IS 550 Tender 2025 in Punjab - V3 Security Safe Procurement

Punjab National Bank

HISAR, HARYANA

Posted: 26 December 2025
Closed: 5 January 2026
GEM

State Bank of India Safes V3 ISI Marked to IS 550 Tender 2025 Bihar

State Bank Of India (sbi)

SARAN, BIHAR

Posted: 26 December 2025
Closed: 5 January 2026
GEM

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar safes supply

4

Financial statements (last 2-3 years)

5

EMD submission proof (as applicable)

6

Technical bid documents demonstrating ISI/IS 550 compliance

7

OEM authorization / dealership certificate (if applicable)

Technical Results

S.No Seller Item Date Status
1ANJANI AGENCIES   Under PMAMake : GUNNEBO Model : Optimus BIS-AAA 345 2KL+BACS 16D01-11-2025 11:45:19Qualified
2GREAT VALUE TRADEMART PRIVATE LIMITED   Under PMAMake : GODREJ SECURITY SOLUTIONS Model : GODREJ 61-DEFENDER PRIME SAFE CLASS AAA31-10-2025 17:46:48Qualified
3STEADFAST INFRA SOLUTIONS PRIVATE LIMITED   Under PMAMake : Guardwel Model : Guardwel AAA /TRTL – 90x6 Safe - 134001-11-2025 10:59:18Qualified

Financial Results

Rank Seller Price Item
L1STEADFAST INFRA SOLUTIONS PRIVATE LIMITED(MII)   Under PMA₹14,16,500Item Categories : Safes (V3) ISI Marked to IS 550
L2GREAT VALUE TRADEMART PRIVATE LIMITED (MII)   Under PMA₹14,18,900Item Categories : Safes (V3) ISI Marked to IS 550
L3ANJANI AGENCIES (MII)   Under PMA₹14,20,000Item Categories : Safes (V3) ISI Marked to IS 550

Frequently Asked Questions

Key insights about RAJASTHAN tender market

How to bid for SBI safes ISI 550 tender 2025?

Bidders must submit GST, PAN, experience certificates, financial statements, and EMD as applicable, along with technical documents proving ISI Mark and IS 550 compliance. Ensure OEM authorization if not directly manufacturing. Prepare a bid that meets the 25% variation clause and align with delivery extensions.

What documents are required for SBI safes procurement in 2025?

Required documents include GST certificate, PAN, 2-3 years of financial statements, experience certificates for similar work, EMD proof, OEM authorization, and technical bid demonstrating ISI/IS 550 compliance for V3 safes.

What standards are mandatory for SBI ISI safes bid?

Bidders must supply ISI marked safes certified to IS 550 with V3 security rating. The product must carry ISI certification and conform to IS 550 specifications to qualify for SBI procurement.

What is the quantity variation clause for SBI safes tender?

The purchaser reserves the right to increase or decrease bid quantity up to 25% of bid quantity at contract placement and during the currency, with proportional delivery time adjustments as specified.

When is delivery expected under SBI option clause for safes?

Delivery periods commence from the last date of the original delivery order; if extended, the additional time is calculated by the formula (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.

What is required for warranty or support in SBI safes procurement?

Warranty or AMC terms are not detailed in the data; bidders should align with SBI standard post-delivery support and warranty practices for security equipment, and confirm with the procurement team during bid submission.

What is the eligibility criteria for supplying ISI safes to SBI?

Eligibility requires proven experience in supplying ISI-marked safes, IS 550 compliance, and the ability to provide OEM authorizations, along with the financial capacity to handle bulk orders under SBI procurement norms.

What are the key penalties for late delivery in SBI safes contract?

Penalties/LD terms are not specified in the provided data. Bidders should assume standard LD for delay as per SBI procurement policy and seek explicit clarification during bid submission.