State Bank of India Safes (V3) ISI Marked to IS 550 Tender Ernakulam Kerala 2026
Progress
Key Highlights
- • IS 550 compliance for safes and ISI Marked requirement
- • BIS licence and type test certificates mandatory
- • OEM turnover criteria and positive net worth requirement
- • Quantity flexibility up to 25% during/after award
- • Delivery period adjustments based on option clause with minimum 30 days
- • Bid documents must include OEM and bidder turnover evidence
- • ATC may specify specific delivery and payment terms
- • No BOQ items listed; procurement focuses on spec-compliant safes
Tender Overview
Organization Name: State Bank Of India (SBI). Product: Safes (V3) ISI Marked to IS 550. Location: Ernakulam, Kerala 682001. Estimated Value/Quantity: Not disclosed; bid includes quantity variation up to 25% during and after award. Tender context: SBI procurement under the Department of Financial Services for government-related security equipment with ISI 550 compliance and BIS/type test certification requirements. Key differentiator: ISI Marked safes with OEM turnover and net worth criteria; option clause permits contract quantity fluctuations. Unique aspects: Mandatory certificate uploads (BIS license, type test, approval certificates) alongside standard financial credentials.
Technical Specifications & Requirements
- Standards: IS 550 compliant safes; ISI Marked; BIS/type test certificates recommended.
- Product Scope: Security safes for banking use as per SBI procurement; no BOQ items listed.
- Quality/Certification: Upload BIS licence, type test certificates, approval certificates; OEM turnover requirements apply.
- Financial/Turnover: Minimum average annual turnover for bidder and OEM over last 3 years as per bid document; positive net worth for OEM per latest audited statement.
- Delivery/Execution: Delivery timelines tied to original delivery period with option-based time adjustments; delivery period rules specified in ATC.
- Documentation: Comprehensive certification and financial documents required with bid submission.
Terms, Conditions & Eligibility
- EMD/Deposits: Specific EMD not disclosed in summary; ensure compliance with bid document terms.
- Turnover: Both bidder and OEM must meet minimum three-year average turnover as per bid document; include audited statements or CA certification.
- Net Worth: OEM must display positive net worth in last audited financial statement.
- Delivery Terms: Delivery period linked to original order; time extension formula triggers up to 30 days minimum.
- Payment Terms: Not specified in available data; verify in ATC and bid documents.
- Certificates: BIS licence, type test and other certificates required; ensure uploads with bid.
Key Specifications
-
Product: Safes (V3) ISI Marked to IS 550
-
Standards: IS 550, ISI marked, BIS/type test certification
-
Certifications: BIS licence, type test certificates, approval certificates
-
Turnover: Minimum average annual turnover for bidder and OEM over last 3 years (as per bid)
-
Financial: Net worth positive for OEM from latest audited statement
-
Delivery: Option clause allows up to 25% quantity variation; delivery extensions with minimum 30 days
Terms & Conditions
-
Quantity may be increased by up to 25% during/after contract at contracted rates
-
Bidder and OEM must show positive net worth and meeting 3-year turnover criteria
-
Mandatory BIS ISI certificates and Type Test certificates with bid
Important Clauses
Payment Terms
Not explicitly stated in provided data; verify in ATC and bid documents
Delivery Schedule
Delivery period begins from the last date of original delivery order; extended period calculated as (Increased quantity ÷ Original quantity) × Original delivery period with minimum 30 days
Penalties/Liquidated Damages
Not specified in summary; refer to ATC for LD or penalties
Bidder Eligibility
-
Positive net worth as per last audited financial statement for OEM and bidder
-
Minimum average turnover over the last 3 financial years as specified in bid document
-
IS 550 ISI Marked safes with BIS/type test certificates
-
OEM turnover criteria met and OEM authorization submitted
-
Compliance with delivery timeframes and option clause
Tender Data
Bid Details
Quantity
10
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
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
OEM Avg. Turnover
300
Past Performance
80 %
Experience Required
3 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)
Payment Timelines
Payments shall be made to the Seller within 10 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
45
Delivery Locations
1
Delivery Cities
Ernakulam
Delivery Pincodes
682031
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Manoj P | 682031,State Bank of India, RBO 2 Ernakulam, 8th Floor, A O Ernakulam, Shanmugham Road, Ernakulam | Ernakulam | Kerala | 682031 | 10 | 45 | - |
Authority Records
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Documents 4
GeM-Bidding-10007561.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
GST certificate
PAN card
Audited financial statements or CA certificate for turnover (bidder and OEM)
Positive net worth certificate from latest audited financials
BIS licence
Type test certificate
Approval certificates (if applicable)
OEM authorization / authorisation letter
Technical bid documents demonstrating ISI Marked to IS 550 compliance
Frequently Asked Questions
Key insights about KERALA tender market
How to bid for SBI safes ISI Marked tender in Kerala
Bidders must submit GST, PAN, audited turnover for last 3 years, positive OEM net worth, BIS licence, type test and other product certificates. Ensure IS 550 compliance and ISI mark; include OEM authorization and turnover certificates. Delivery terms reference ATC; ensure 25% quantity option is planned in bid strategy.
What documents are required for SBI safes procurement in Ernakulam
Required documents include GST certificate, PAN card, audited financial statements or CA certificate showing turnover, OEM turnover proof, positive net worth, BIS licence, ISI/type test certificates, approval certificates, OEM authorization letter, and technical bid demonstrating IS 550 compliance.
What are the technical specifications for SBI ISI safes tender
Technical specs mandate IS 550 compliant safes, ISI mark, and BIS/type test certificates. While no detailed BOQ items are listed, bidders must demonstrate ISI Marked compliance, secure locking standards, fire resistance (if referenced in bid), and OEM capacity to meet SBI's banking security needs.
When is the delivery timeline for SBI safes order in Kerala
Delivery timing follows the original delivery order; if quantity increases under the option clause, additional time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a mandatory minimum of 30 days.
What is the EMD for SBI safes tender in Ernakulam
EMD amount is not disclosed in the provided data; bidders should consult the ATC or bid document to confirm the exact EMD or security deposit amount and method of submission (DD/online).
What are the eligibility criteria for OEM turnover and net worth
OEMs must show minimum average annual turnover for last 3 years as specified in the bid document and maintain positive net worth in the latest audited statement. If OEM is <3 years old, turnover is calculated from post-incorporation completed years.
Which certifications are mandatory for SBI safes bid submission
Mandatory BIS licence, ISI type test certificate, and other approvals specified in the product specification; OEM authorizations may be required for the offered safes. Ensure all certifications are current and uploaded with the bid.
How to interpret the quantity option during SBI procurement
The purchaser may increase or decrease bid quantity by up to 25% at contract placement and during the currency of the contract at contracted rates; plan logistics and inventory accordingly to leverage this flexibility.