GEM

Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Baleswar Odisha 2025

Bid Publish Date

29-Nov-2025, 10:34 am

Bid End Date

09-Dec-2025, 3:00 pm

Location

BALESWAR , ODISHA

Progress

Issue29-Nov-2025, 10:34 am
AwardPending
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Quantity

5

Bid Type

Two Packet Bid

Key Highlights

  • • ISI Marked safes with IS 550 compliance required
  • • Category: Safes (V3) ISI Marked to IS 550 (Q2)
  • • Delivery clause: quantity variation up to 25% during contract
  • • Delivery period computed from last original delivery order date; minimum 30 days added time
  • • Location: Baleswar, Odisha 756001
  • • No BOQ items published; scope subject to option clause and contract amendments
  • • Banking sector procurement under Punjab National Bank
  • • Compliance with Buyer Added Terms and Conditions including option clause

Categories 1

SAFES

Tender Overview

Punjab National Bank seeks supply of Safes (V3) ISI Marked to IS 550 (Q2) for delivery in Baleswar, Odisha 756001. The tender covers procurement of ISI-marked safes; no BOQ quantity is disclosed, and no estimated value is provided. The Terms include a quantity flex clause allowing ± up to 25% variance during contract placement and currency. The delivery period mechanics reference last order date and extended periods, with minimum 30 days for added time. This procurement emphasizes adherence to ISI standards and V3 category compliance under government banking sector supply.

Technical Specifications & Requirements

  • Product category: Safes (V3) ISI Marked to IS 550 (Q2) as the stated category.
  • Location/delivery: Baleswar, Odisha 756001; no explicit delivery schedule published.
  • Standards: ISI Marked; compliance with IS 550 required for all safes.
  • BOQ status: No items listed in the BOQ; scope may be adjusted under option clause.
  • Quantity/Value hints: No explicit quantities or estimated value; option clause allows quantity variation up to 25% during contract and currency.
  • Delivery terms: Delivery period calculated from the last original delivery order date; additional time formula applies with a minimum of 30 days.
  • Procurement context: Buyer requires bidders to comply with the option clause and general bid terms.

Terms & Eligibility

  • EMD/financials: Not specified in the data; bidders must ensure compliance with standard bid terms and the option clause.
  • Delivery: Extended delivery time mechanisms exist; base delivery period derives from the original order date.
  • Contract flexibility: Purchaser may adjust quantity by ±25% and extend delivery at contracted rates during the currency of the contract.
  • Compliance: Bidders must adhere to the Buyer Added Bid Specific Terms and complete bid submission per organization policy.
  • Documentation: Standard tender documentation and GST/PAN requirements are implied by banking sector procurement standards.
  • Standards: ISI Marked, IS 550 compliance essential; no additional warranties or penalties specified in available data.

Key Specifications

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

  • Quantity/Scope: Not disclosed; subject to +/−25% variation per option clause

  • Standards: IS 550; ISI Marked certification

  • Delivery: Location - Baleswar, Odisha; delivery period governed by last original delivery order date

  • Quality/Compliance: Must meet ISI Marked specs and government banking sector procurement norms

Terms & Conditions

  • Qty may vary up to 25% during and after contract at fixed rates

  • Delivery timeline calculated from last original order date with minimum 30 days

  • IS 550 ISI Marked compliance is mandatory for all safes

Important Clauses

Payment Terms

Not specified in data; bidders should anticipate standard bank procurement payment terms per negotiation and contract terms

Delivery Schedule

Delivery period starts from the last date of the original delivery order; extended period applies under option clause with minimum 30 days for added time

Penalties/Liquidated Damages

Not detailed in data; expected to follow standard procurement penalties per bank terms

Bidder Eligibility

  • Proven experience supplying ISI-marked safes or equivalent security equipment

  • Financial capacity to withstand contract risk with acceptable turnover

  • Compliance with IS 550 and ISI certification requirements

Past Similar Tenders (Historical Results)

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State Bank of India Safes (V3) ISI 550 Q2 Tender New Delhi 2025

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Posted: 27 October 2025
Closed: 6 November 2025
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Safes (V3) ISI Marked to IS 550

State Bank Of India (sbi)

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Posted: 5 September 2025
Closed: 10 September 2025
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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar safes/ISI-marked procurement

4

Financial statements or turnover evidence

5

EMD submission as per bid terms (not specified here but typically required)

6

Technical bid documents or compliance certificates for ISI/IS 550

7

OEM authorization or dealer authorization (if applicable)

Frequently Asked Questions

Key insights about ODISHA tender market

How to bid for safes ISI Marked tender in Baleswar Odisha 2025?

Bidders should submit GST, PAN, experience certificates, financial statements, and EMD as per bank terms. Ensure ISI Marked safes with IS 550 compliance, provide OEM authorizations if required, and follow the option clause to manage quantity variations up to 25%. Delivery terms start from the last original order date.

What documents are required for Punjab National Bank safes procurement?

Required documents typically include GST certificate, PAN, experience certificates for similar ISI-marked safes, financial statements, EMD proof, OEM authorization (if applicable), and technical compliance certificates confirming IS 550 adherence. Submit with your financial bid per bank terms.

What standards must safes meet for this PNB tender in Odisha?

Safes must be ISI Marked and conform to IS 550 standard in the V3 category. Vendors must provide ISI certification, compliance certificates, and ensure product reliability per government banking procurement norms while adhering to delivery and quantity variation clauses.

When is the delivery timeline for the Odisha safes tender?

Delivery period begins from the last date of the original delivery order. If the buyer exercises the option clause, additional time is calculated as (increased quantity ÷ original quantity) × original delivery period, with a minimum of 30 days; contract may extend to match currency needs.

What is the quantity variation allowed in this safes contract?

The purchaser reserves the right to increase or decrease quantity by up to 25% of bid quantity at contract placement and during contract currency at contracted rates, affecting delivery timelines accordingly.

What are the key eligibility criteria for the PNB safes bid?

Eligible bidders should have prior experience supplying ISI-marked safes or similar security equipment, demonstrate financial capability (turnover evidence), and provide IS 550 compliance and ISI certifications; OEM authorization is preferred where applicable.

How will payments be processed for the PNB safes procurement?

Payment terms are not explicitly stated in the data; bidders should expect standard bank procurement terms negotiated at contract award, with compliance to EMD submission and performance-based payment arrangements as per the bank's bid terms.

What distinguishes ISI Marked to IS 550 safes under this tender?

The tender specifically requires ISI Marked safes that are IS 550 compliant in the V3 category, suitable for banking sector security needs; bidders must provide ISI certification and adherence to the IS 550 standard throughout production and delivery.

Similar Tenders

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

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📍 SHIMOGA, KARNATAKA

⏰ Deadline: 2 weeks left
🛒 Type: Goods
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