Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender 2026 - Cuttack Odisha
Progress
Key Highlights
- • Isolated requirement for ISI Marked to IS 550 safes (V3) procurement in Odisha
- • Mandatory Functional Service Centre in State and 30-day setup window post-award
- • EMD of ₹292,640 with DD option and hardcopy submission within 5 days
- • Option clause enabling up to 25% quantity variation during contract execution
- • Clear escalation matrix and dedicated toll-free service line for post-sales support
- • Delivery terms tied to original schedule with calculated extensions and minimum 30 days
- • NoBOQ items listed; scope includes installation, testing, commissioning, and operator training
Tender Overview
The Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in Cuttack, Odisha (752120). The procurement covers the supply, installation, testing, commissioning, operator training, and statutory clearance assistance. The advertised EMD is ₹292,640, with potential quantity flex up to 25% during order execution. The contract includes options to extend delivery as per the option clause, calculated using a defined formula. A functional service center in the state is required, with provision for on-site or carry-in warranty depending on terms. The bidder must meet ATC terms, provide DD-based EMD if applicable, and ensure timely hardcopy submission within five days post bid end date. This tender emphasizes reliable delivery, post-sale support, and clear escalation channels.
Key Specifications
-
Safes (V3) ISI Marked to IS 550
-
Estimated quantity subject to 25% variation
-
Delivery period linked to original delivery order; extended period if option exercised
-
Functional service centre in Bihar/Odisha state with 30-day establishment window
-
Dedicated toll-free service number and escalation matrix required
Terms & Conditions
-
EMD ₹292,640; DD payable to Circle Head PNB, Cuttack; 5-day hardcopy submission
-
25% quantity variation allowed; delivery extensions calculated by formula
-
Must have ISI 550 compliant safes with ISI mark; service center in state
Important Clauses
Payment Terms
EMD of ₹292,640 via DD; payment terms aligned to ATC; documentary evidence required for service setup.
Delivery Schedule
Delivery period from last date of original order; extensions allowed; minimum 30 days for added quantity; time calculated by (increased/original)×original period.
Penalties/Liquidated Damages
Not explicitly stated; penalties would be governed by ATC and contract terms.
Bidder Eligibility
-
Functional Service Centre in the State of the consignee or plan to establish within 30 days of award
-
IS 550 compliant safes with ISI certification or equivalent OEM authorization
-
Evidence of prior experience in supplying and installing ISI-marked safes
Tender Data
Bid Details
Quantity
8
Bid Type
Two Packet Bid
Bid Validity
45 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
Yes
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
73
OEM Avg. Turnover
585
Past Performance
10 %
Experience Required
1 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)
Advisory Bank
PUNJAB NATIONAL BANK
Payment Timelines
Payments shall be made to the Seller within 45 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
25
Delivery Locations
1
Delivery Cities
Cuttack
Delivery Pincodes
754001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Prasant Kumar Senapati | 754001,1st Floor, Konark Centre, Plot No-766, NH-16, Telengapentha, Cuttack- 754001 | Cuttack | Odisha | 754001 | 8 | 25 | - |
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 4
GeM-Bidding-9845564.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
1
🤖 AI-Powered Bidder Prediction
Discover companies most likely to bid on this tender
Required Documents
GST registration certificate
PAN card
Experience certificates for similar safes/IS 550 projects
Financial statements or turnover proof
EMD submission receipt or DD details
Technical bid documents and ISO/ISI certificates if available
OEM authorization letter (if applicable)
Proof of service centre establishment or plan to establish within 30 days
Frequently Asked Questions
Key insights about ODISHA tender market
How to bid for safes ISI Marked to IS 550 tender in Cuttack Odisha 2026?
Bidders must fulfill EMD of ₹292,640 via DD to Circle Head PNB, Cutttack, and upload all certificates. Ensure ISI mark and IS 550 compliance, provide OEM authorization if required, and confirm service centre availability in Odisha with 30-day establishment plan. Include installation, testing, and operator training in the bid.
What documents are required for PNB safes procurement bid in Odisha 2026?
Submit GST registration, PAN card, experience certificates for ISI/IS 550 projects, financial statements, EMD proof, technical bid documents, OEM authorizations, and proof of service centre or establishment plan within 30 days of award.
What is the EMD amount and payment method for this tender?
EMD is ₹292,640. It can be paid via Demand Draft in favor of Circle Head PNB, Cuttack, with scanned DD proof uploaded and hardcopy delivered within 5 days of bid end date.
What delivery and extension terms apply for the PNB safes contract?
Delivery starts from the last date of original delivery order. If options are exercised, extended time is calculated as (increased quantity ÷ original quantity) × original delivery period, with a minimum of 30 days.
Which standards and certifications are mandatory for safes procurement in Odisha?
Required standards include ISI Marked safes compliant with IS 550. OEM authorizations and ISI/ISO certifications should be provided as part of the technical bid submission.
What post-sale service requirements are specified for bidders?
Bidders must have a functional service centre in Odisha or establish one within 30 days, along with a dedicated toll-free service line and an escalation matrix for rapid support.
What scope is included in the bid price for PNB safes purchase?
Bid price must cover supply, installation, testing, commissioning, operator training, and any statutory clearances required; the scope also includes post-installation support subject to contract terms.