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

Tender Overview

Punjab National Bank in the Banking Sector invites bids for Safes (V3) ISI Marked to IS 550 under the Government procurement framework. The Category requires IS 550-based classifications and physical dimensions, including the number of doors and gross internal volume, aligned with IS 550 Table 1 and Table 2. The procurement focuses on ISI-marked, non-obsolete security safes with long-term OEM support and certified installation. While the BOQ shows no line items, the scope centers on correct classification, door configurations, and volume compliance to IS 550. Bidders should ensure OEM authorization, and installation by OEM-certified personnel, with potential quantity adjustments under the option clause. This tender emphasizes compliance with safety standards, integrity pact, and central/state government experience, signaling a formalized procurement process across the banking sector. Unique aspects include explicit IS 550 classification, volume metrics, and the requirement for OEM/authorized resellers to perform installation and testing. The absence of BOQ items indicates the emphasis on standard-compliant safes rather than bespoke configurations, with emphasis on ongoing supplier credibility and post-sale support.

Technical Specifications & Requirements

• Category: GENERAL REQUIREMENTS; Classification per IS 550 Table 1 (Format: Class / Classification Code)
• Category: GENERAL REQUIREMENTS; Number of Doors in Safe (as per IS 550 specification)
• Category: PHYSICAL REQUIREMENTS; Gross Internal Volume (in L) as per Table 2 of IS 550
• Category: PHYSICAL REQUIREMENTS; Standard Size of Safe (Gross Internal Volume, L) per Table 2
• Standards: IS 550 with Classifications; ISI Marked safes required for procurement
• Installation: By OEM/OEM certified resource or OEM authorized reseller; professional testing and commissioning implied
• Brand/OEM: Manufacturer Authorization required when bidding via distributors
• Integrity: Compliance with Buyer Integrity Pact; procurement philosophy emphasizes non-obsolescence (5-year market life) and non-bankrupt status

Terms, Conditions & Eligibility

• Integrity Pact must be signed and uploaded with bid
• Experience: Bidder or OEM must have supplied similar safes to Central/State Govt or PSU for at least 2 years prior to bid opening; provide contracts as evidence
• Obsolescence: Offered products must have at least 5 years residual market life; not declared end-of-life by OEM
• GST: Bidder to determine GST; reimbursement as per actuals or applicable rates, whichever is lower
• Delivery/Option Clause: Quantity may vary up to ±25%; delivery period adjusted per formula; minimum 30 days adjustment if required
• Installation/ AMC: OEM-certified personnel to perform installation/testing; OEM authorization required for distributors
• Documents: GST, PAN, experience certificates, OEM authorization, financials, and bid-specific compliance documents
• Payment terms: Not specified in data; bid evaluation will consider procurement terms and compliance with standards