Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Bhagalpur Bihar 2026

Tender Overview

The opportunity is from Punjab National Bank for procurement of Safes (V3) ISI Marked to IS 550 (Q2) in Bhagalpur, Bihar (812001). Tender scope covers IS 550 compliance with classifications and physical specs such as gross internal volume and door/lock configurations. Though start/end dates and estimated value are not disclosed, the bid aligns with IS 550 requirements and ISI marking, ensuring security equipment suitable for bank vault or cash handling needs. A distinctive aspect is the application of IS 550 Classifications and a 25% quantity option clause, enabling flexible ordering within contract. This tender targets suppliers capable of delivering ISI-marked safes to meet bank security standards.

Technical Specifications & Requirements

• Category: General requirements include IS 550 Table 1 classification (Class / Classification Code).
• Physical requirements: Gross internal volume as per Table 2 of IS 550; overall gross internal volume specification in litres; number of doors as per IS 550; standard safe dimensions subject to Table 2.
• Locks: Number of lock keys on safe per Table 2(x)(a).
• Mandatory compliance: ISI Marked safes with IS 550 classification; adherence to the specified internal volume, door count, and keying requirements.
• Delivery/install context implies bank-grade security equipment; no BOQ items are listed, so scope focuses on conformance and supply readiness.

Terms, Conditions & Eligibility

• Quantity flexibility: Purchaser may adjust quantity by up to 25% during contract before delivery and again during currency at contracted rates.
• Delivery timeline escalates from last delivery date; additional time calculation: (increased quantity / original quantity) × original delivery period, min 30 days.
• All bidders must comply with this option clause; no rigid fixed-quantity commitment beyond 25% variation. Compliance with these terms is mandatory for award.