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GEM

Punjab National Bank Safes ISI Marked to IS 550 Tender Kapurthala Punjab 2026

Bid Publish Date

10-Feb-2026, 4:29 pm

Bid End Date

26-Feb-2026, 9:00 am

Latest Corrigendum Available

Progress

Issue10-Feb-2026, 4:29 pm
Corrigendum25-Feb-2026
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

17

Bid Type

Two Packet Bid

Key Highlights

  • Bank procurement of ISI marked safes conforming to IS 550 for Punjab
  • IS 550 Table 1 classification and Table 2 volume and door/lock specifications
  • Option clause allowing ±25% quantity variation during contract
  • Delivery terms tied to original and extended delivery periods with minimum 30 days logic
  • No BOQ items; emphasis on bank-grade security equipment and ISI certification

Categories 1

Tender Overview

Punjab National Bank (Banking Sector) invites bids for Safes (V3) ISI Marked to IS 550 (Q2) under the procurement of secure storage solutions in KAPURTHALA, PUNJAB. The category specifies general requirements including safe classification per IS 550 Table 1, number of doors, and gross internal volume (L) per Table 2, with locker/lock provisions. The tender emphasizes ISI marking and compliance to IS 550 standards for vault-grade protection and security features, targeting a bank-grade deployment footprint. A notable bid condition is a flexible quantity option, allowing up to 25% quantity variation within the contract period, with delivery timelines tied to the original and extended orders. This opportunity is positioned for public procurement by a major public sector bank in Punjab.

Technical Specifications & Requirements

  • Category: General requirements; Classification of Safes per IS 550 Table 1 (Class/Classification Code)
  • General requirement: Number of doors in safe (as per specification table)
  • Physical requirements: Standard size with Gross Internal Volume (L) per Table 2 of IS 550
  • Locks: Number of lock keys on safe as per Table 2, item x (a)
  • Standards & Compliance: ISI marked safes conforming to IS 550 for RBI/Banking sector use
  • Delivery & Variants: Delivery terms aligned with option clause allowing quantity adjustment up to 25% during contract lifecycle
  • BOQ/Scale: No BOQ items listed; emphasis on bank-grade security equipment and ISI certification

Terms, Conditions & Eligibility

  • EMD/Security: Not disclosed in provided data; bidders should expect bank procurement norms and security deposit terms
  • Delivery Terms: Delivery timeline linked to original delivery order; extended periods governed by option clause with minimum extension rules
  • Quantity Variant Clause: Up to 25% increase/decrease in bid quantity at contracted rates
  • Documentation: Compliance with IS 550, ISI marking, and bank-specific submission requirements; no BOQ items to price yet
  • Warranty/Support: Not specified in available data; bidders should verify post-award service terms with PNB
  • Eligibility: Bidders must demonstrate capability to supply ISI marked safes of the specified classification and dimensions to a banking client

Key Specifications

  • IS 550 compliant safes with ISI marking

  • Classification per IS 550 Table 1

  • Gross Internal Volume per Table 2 (L)

  • Number of doors as per Table 2

  • Number of lock keys as per Table 2 (x(a))

Terms & Conditions

  • 25% quantity variation allowed during contract execution

  • Delivery schedule governed by original and extended delivery periods

  • IS 550 ISI marked safes required for Kapurthala procurement

Important Clauses

Delivery Terms

Delivery starts from last date of original delivery order; extended time calculated as (Additional quantity ÷ Original quantity) × Original delivery period, minimum 30 days

Quantity Variation

purchaser may increase/decrease quantity up to 25% at contracted rates during and after initial order

Compliance

Safes must be ISI marked and IS 550 compliant with required classifications and dimensions

Bidder Eligibility

  • Experience in supplying ISI marked safes or banking security equipment

  • Demonstrated ability to meet IS 550 classifications and dimensions

  • Financial stability evidenced by turnover and bank-grade procurement history

Documents 4

GeM-Bidding-8928993.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Technical Specifications 1 Item

Item #1 Details

View Catalog
Category Specification Requirement
GENERAL REQUIREMENTS Classification of Safes (as per Table 1 of IS 550 | Format: Class / Classification Code) A / TRTL – 30 × 6
GENERAL REQUIREMENTS Number of Doors in Safe Single Door
PHYSICAL REQUIREMENTS Standard Size of Safe (Gross Internal Volume, in L) (As per Table 2 of IS 550) 850 - L (213 L)
LOCKS Number of lock keys on safe (as per point x (a) of Table 2) 2

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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates for supply of safes or security equipment to banks

4

Financial statements or turnover evidence

5

EMD documentation (as per bank terms, if applicable)

6

Technical compliance certificates confirming ISI marking and IS 550 adherence

7

OEM authorizations (if bidding as a distributor)

8

Manufacturing or supply capability documentation

Corrigendum Updates

1 Update
#1

Update

25-Feb-2026

Extended Deadline

26-Feb-2026, 9:00 am

Opening Date

26-Feb-2026, 9:30 am

Frequently Asked Questions

Key insights about PUNJAB tender market

How to bid for ISI marked safes tender in Kapurthala Punjab 2026?

Bidders must submit ISI marking documentation, IS 550 compliance certificates, and bank-specific submission set. Ensure eligibility through bank supply experience, GST, PAN, and financial statements. The tender allows up to 25% quantity variation and requires ISI demonstrated capacity for vault-grade safes.

What documents are required for PNB safes bid Kapurthala?

Required documents include GST registration, PAN, experience certificates in bank security equipment, financial statements, EMD documents if applicable, ISI/IS 550 compliance certificates, OEM authorizations if bidding as distributor, and technical bid dossiers detailing ISI marking.

What are the IS 550 specifications for bank safes in this tender?

Safes must meet IS 550 classification per Table 1, provide gross internal volume per Table 2, have specified number of doors and lock keys per Table 2, and carry ISI certification. Compliance ensures suitability for banking security deployment in Kapurthala.

When is delivery expected for Kapurthala safes procurement 2026?

Delivery terms align with the original delivery order, with possible extension under the option clause. Additional time is calculated as (Additional quantity ÷ Original quantity) × Original delivery period, with a minimum 30 days extension and extension limits within contract scope.

What is the quantity variation allowed in this PNB tender?

The purchaser may increase or decrease the bid quantity by up to 25% of the bid quantity at the contracted rates during placement and within the contract currency, ensuring flexible deployment to meet security needs.

What standards and certifications are mandatory for bidders?

Mandatory ISI marking and IS 550 compliance must be demonstrated. Bidders should provide certification evidence, OEM authorizations if applicable, and bank procurement experience demonstrating capability to supply safes to financial institutions.

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EMD: ₹1.1 L
Est: ₹56.0 L
⏰ Deadline: 5 days left
🛒 Type: Goods
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