Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Bangalore Karnataka 2025

Tender Overview

Punjab National Bank (PNB) invites bids for Safes (V3) ISI Marked to IS 550 in Bengaluru, Karnataka 560001. The scope references safes aligned with ISI certification IS 550 and carries a flexible quantity clause allowing a 25% increase/decrease at contract award and during the contract. The package relies on PNB’s internal procurement framework managed by the Department of Financial Services, with delivery terms linked to original delivery periods and potential extension logic. The absence of a BOQ implies a broad security equipment procurement focus, emphasizing compliance with ISI and IS 550 standards and vendor capability to meet bank-grade security specifications.

• Location: BANGALORE, KARNATAKA
• Organization: Punjab National Bank (PNB)
• Product category: Safes (V3) ISI Marked to IS 550
• Quantity/Value: 25% quantity option at contract time; delivery timing tied to original orders
• Key differentiator: ISI Marked safety equipment requirement; IS 550 compliance mandatory
• Unique aspect: Option clause enabling quantity variation up to 25% during contract term

Technical Specifications & Requirements

• Product: Safes (V3), ISI Marked and compliant with IS 550 standards
• Standards: IS 550; ISI certification is implied by ISI Marked designation
• Delivery/Delivery Terms: Delivery period linked to the last date of original delivery order; extended time formula: (Additional quantity ÷ Original quantity) × Original delivery period with a minimum of 30 days; possible extension up to original delivery period
• Order Flexibility: Generic option clause permits up to 25% quantity fluctuation at placement and during currency of contract
• Technical scope detail: No explicit BOQ items or technical specs provided; bidders must demonstrate capability to supply bank-grade safes meeting ISI/IS 550 requirements and security features mandatory for financial institutions
• Vendor capability: Demonstrated manufacturing or OEM authorization for ISI Marked safes; warranty/AMC terms not specified but implied by bank procurement norms
• Geography: Procurement to be delivered to Bangalore, Karnataka

Terms, Conditions & Eligibility

• EMD/Performance: Not explicitly specified in data; bidders should prepare standard EMD as per bank tender norms and ensure compliance with bank payment terms
• Delivery: Delivery schedule governed by original order date with potential extension via option clause; confirm delivery readiness and installation support if required
• Documents: Typical requirements include GST registration, PAN, experience certificates, technical compliance, and OEM authorization; ensure readiness to submit bank-specific documents
• Warranty/Support: Not detailed; bidders should quote standard warranty and after-sales support aligned to bank procurement practices
• Compliance: Must meet ISI Marked status and IS 550 compliance; ensure proper ISI certification provisions and testing certificates are in place
• Other Clauses: Banks reserve right to modify quantities up to 25%; adhere to delivery and quality standards; maintain bid integrity through accurate documentation