Safes (V3) ISI Marked to IS 550
State Bank Of India (sbi)
JAIPUR, RAJASTHAN
Posted:
8 October 2025
Closed:
17 October 2025
GEM
GEM
State Bank of India Safes (V3) ISI Marked to IS 550 Tender 2025 in India
Progress
Issue04-Nov-2025, 3:27 pm
Technical11-Jun-2025, 6:36 pm
Financial
Award25-Nov-2025, 1:54 am
Quantity
1
Bid Type
Two Packet Bid
Categories
1
Tender Overview
State Bank of India (SBI) in the Department of Financial Services invites bid for Safes (V3) ISI Marked to IS 550 under a Q2 specification. The tender targets procurement of ISI marked safes meeting IS 550 standards for secure cash handling and data integrity. Location details are not specified in the notice; however, SBI typically sources across major states in India. The contract allows quantity adjustments up to 25% of bid/contracted quantities with rate protection, signaling flexible demand during the contract tenure. The absence of BOQ items suggests a framework for vendor selection and subsequent orders. Key differentiator is the ISI Marked, V3-classification safes aligned to prestigious IS 550 criteria, suitable for bank-grade security needs. Unique clauses include option-driven quantity adjustments and extended delivery calculations anchored to the original delivery period, ensuring supply resilience.
Technical Specifications & Requirements
- Product category: Safes (V3) ISI Marked to IS 550 (Q2)
- Standard references: IS 550 compliance; ISI marked requirement for safes
- Quality expectations: Bank-grade security equipment suitable for financial institutions; procurement scope references V3 classification
- Delivery scope context: Option clause allows up to 25% quantity increase/decrease; delivery period adjustments based on formula: (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
- Documentation hints: No BOQ items; tender emphasizes compliance with ISI marking and IS 550 standards
- Contextual note: No explicit start/end dates or value disclosed; emphasis on standard compliance and delivery flexibility
Terms, Conditions & Eligibility
- EMD/ACD: Not disclosed in the notice
- Delivery terms: Delivery period adjustable per option clause; base timing linked to last date of original delivery order
- Payment terms: Not specified in the available data
- Experience/Turnover: Not specified; emphasis on ISI/IS 550 compliance for safes
- Documents: Detailed submission requirements are not provided; bidders should be prepared with ISI certifications and product conformity documents
- Warranty/Penalties: Not specified in the provided information; expected to align with SBI standard procurement practices
Key Specifications
-
Product: Safes (V3) ISI Marked to IS 550
-
Standards: IS 550, ISI marking
-
Classification: V3 safes requested by SBI procurement
-
Delivery: option to adjust quantity up to 25% of bid/contracted quantity
-
Delivery timing: calculated extension formula with minimum 30 days
-
BOQ: No items listed; indicative framework based on standards and delivery terms
Terms & Conditions
-
Option Clause allows ±25% quantity variation during and after contract
-
Delivery period starts from last date of original delivery order
-
IS 550 compliance and ISI Marked certification are mandatory
Important Clauses
Payment Terms
Not specified in available data; bidders should confirm SBI payment schedule and milestones during bid submission.
Delivery Schedule
Delivery period linked to last date of original delivery order; extended time computed as (Increased quantity ÷ Original quantity) × Original delivery period with a 30-day minimum.
Penalties/Liquidated Damages
Not disclosed in the provided tender data; bidders should review final terms in purchase order.
Bidder Eligibility
-
Proven experience supplying ISI marked safes to financial institutions
-
Demonstrated compliance with IS 550 standards
-
Ability to deliver with up to 25% quantity flex and meet SBI delivery terms
Documents 3
GeM-Bidding-8547988.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Past Similar Tenders
(Historical Results)
5 found
Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Udaipur Rajasthan 2026
Punjab National Bank (pnb)
UDAIPUR, RAJASTHAN
Posted:
31 January 2026
Closed:
17 February 2026
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Safes (V3) ISI Marked to IS 550
Punjab National Bank
INDORE, MADHYA PRADESH
Posted:
19 December 2025
Closed:
22 December 2025
GEM
Punjab National Bank Safes ISI Marked to IS 550 Tender 2025 in Punjab - V3 Security Safe Procurement
Punjab National Bank
HISAR, HARYANA
Posted:
26 December 2025
Closed:
5 January 2026
GEM
State Bank of India Safes V3 ISI Marked to IS 550 Tender 2025 Bihar
State Bank Of India (sbi)
SARAN, BIHAR
Posted:
26 December 2025
Closed:
5 January 2026
GEM
Tender Results
Loading results...
Required Documents
1
GST registration certificate
2
PAN card
3
Experience certificates (relevant to safes or security equipment)
4
Financial statements for last 2-3 years
5
EMD submission proof (not disclosed; bidders to verify)
6
Technical bid documents demonstrating ISI/IS 550 compliance
7
OEM authorization or manufacturer credentials for safes
8
Product conformity certificates for ISI Marked safes
9
Any previous SBI procurement experience documentation
Technical Results
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | ANJANI AGENCIES Under PMA | Make : GUNNEBO Model : Optimus BIS-AAA 345 2KL+BACS 16D | 06-11-2025 18:36:08 | Qualified |
| 2 | GREAT VALUE TRADEMART PRIVATE LIMITED Under PMA | Make : GODREJ SECURITY SOLUTIONS Model : GODREJ 61-DEFENDER PRIME SAFE CLASS AAA | 05-11-2025 14:18:30 | Qualified |
| 3 | STEADFAST INFRA SOLUTIONS PRIVATE LIMITED Under PMA | Make : Guardwel Model : Guardwel AAA /TRTL – 90x6 Safe - 1340 | 07-11-2025 12:44:17 | Qualified |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | GREAT VALUE TRADEMART PRIVATE LIMITED(MII) Under PMA | ₹14,13,900 | Item Categories : Safes (V3) ISI Marked to IS 550 |
| L2 | ANJANI AGENCIES (MII) Under PMA | ₹14,15,300 | Item Categories : Safes (V3) ISI Marked to IS 550 |
| L3 | STEADFAST INFRA SOLUTIONS PRIVATE LIMITED (MII) Under PMA | ₹14,16,500 | Item Categories : Safes (V3) ISI Marked to IS 550 |
Contract / Result Documents 1
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Frequently Asked Questions
Key insights about RAJASTHAN tender market
What documents are required for SBI safes tender in India 2025?
Bidders should prepare GST registration, PAN, experience certificates, last 2-3 years financial statements, EMD submission proof, OEM authorization, and ISI/IS 550 compliance certificates. The notice emphasizes ISI marking and safes with V3 classification, so supply documentation must reflect bank-grade security standards.
How to bid for State Bank of India safes ISI tender 2025 in India?
Respond with a technically compliant bid showing ISI marking, IS 550 conformity, and V3 classification. Include documents proving prior bank-grade safe deliveries, and demonstrate delivery readiness for potential 25% quantity fluctuations. Ensure alignment with SBI option clause and delivery calculations.
What are the ISI Standard requirements for SBI safes procurement?
Bidders must supply safes that are ISI Marked and IS 550 compliant, with V3 classification specified. Provide ISI certificate numbers and conformity reports. Ensure the product design adheres to bank security norms and passes standard testing relevant to financial institutions.
What is the delivery extension formula for SBI safes tender?
Delivery extensions follow a formula: (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days. The purchaser may extend delivery within the original delivery period while applying the option clause to adjust quantities.
What is the minimum qualification for SBI safes supplier 2025?
Eligible bidders must demonstrate ISI marking and IS 550 compliance, experience delivering safes to banks, and capacity to absorb up to 25% quantity variation. Proof of prior security equipment supply and financial stability should be included.
What are the key standards referenced for SBI safes procurement?
Key standards are IS 550 for safes and ISI marking certification. Suppliers must present ISI certificates and conformity documents proving compliance with the standard’s security and construction criteria for bank-grade safes.
When is the SBI safes tender submission deadline in 2025?
Dates are not specified in the available data. Bidders should monitor SBI procurement portals for the bid opening timeline, ensuring readiness with IS 550 compliant safes and all required bid documents.
What are the warranty or penalties for SBI safes procurement?
The notice does not specify warranty periods or LD/penalties. Bidders should obtain final terms during bid submission and contract award, including any post-delivery service or maintenance obligations.
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Documents 3
GeM-Bidding-8547988.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS