Safes (V3) ISI Marked to IS 550
Punjab National Bank (pnb)
BHARATPUR, RAJASTHAN
Posted:
28 August 2025
Closed:
11 September 2025
GEM
Tender Overview
Punjab National Bank (PNB), Department of Financial Services, seeks procurement of Safes V3 ISI Marked to IS 550 (Q2) with an estimated contract scope defined by government-grade security equipment requirements. EMD: ₹28,470; bidders must have 3 years of experience supplying similar category products to Central/State government or PSUs. The bid includes an option clause allowing up to 25% quantity variation at contracted rates and a delivery timeline linked to the original delivery period. Delivery address will be provided to the successful bidder, with installation/commissioning included if in scope. Notably, the tender emphasizes non-obsolescence with at least 2 years residual market life and OEM authorization where applicable. This is a statutory procurement process under government safety and standardization norms, with GST considerations clarified by bidders themselves. The opportunity targets suppliers capable of ISI-marked, IS 550-compliant safes, ensuring compliance through OEM support and post-award logistics. Bidders should prepare strong documentary proof of prior government/PSU supply, and ensure adherence to the option-delivery mechanism and installation obligations where defined.
Technical Specifications & Requirements
- Product category: Safes (V3) ISI Marked to IS 550 (Q2)
- Standards: ISI Marked safes with IS 550 compliance; OEM authorization required for distributors
- Quantity flexibility: up to 25% increase/decrease during contract; delivery period adjusts proportionally, minimum 30 days
- Experience: minimum 3 years regular manufacture/supply to government/PSU; supporting contract copies per year
- EMD: ₹28,470; submission via acceptable payment mode
- Delivery & installation: delivery to a shared address; installation/commissioning included if scope
- GST considerations: bidders bear applicable GST; reimbursement as per actuals or applicable rate (whichever lower) up to quoted GST
- Manufacturer authorization: OEM authorization required from principals for authorized distributors
- Warranty/After-sales: not explicitly stated; infer standard govt procurement warranty expectations
- Not specified: exact model numbers or capacity in tender data; ensure ISI 550 qualification and OEM backing
Terms, Conditions & Eligibility
- EMD: ₹28,470; payment via approved instrument as per tender terms
- Experience criteria: minimum 3 years of supplying same/similar category products to Central/State Govt/PSU; primary product must meet this in case of bunch bids
- Delivery terms: delivery address to be shared with successful bidder; option clause allows quantity adjustments up to 25% at contracted rates
- GST: bidder responsible for applicable GST; reimbursement aligned with actuals or lower of quoted GST percentage
- Manufacturer authorization: required for OEMs or distributors; include certificate with full contact details
- Non-obsolescence: products should have at least 2 years residual market life; not end-of-life before this period
- Financial standing: bidder must not be under liquidation or bankruptcy; provide undertaking to that effect
