State Bank Of India Safes (V3) ISI Marked to IS 550 Tender 2025

Tender Overview

State Bank Of India invites bids for Safes (V3) ISI Marked to IS 550 in 2025. The procurement covers bank-grade security safes compliant with IS 550 and ISI marking standards. The bid includes an option to increase/decrease quantity by up to 25% at contracted rates, with delivery periods adjustable from the last delivery order date and extended period rules. Key supplier prerequisites include an in-house lock manufacturing facility, avoidance of OEM blacklisting by PSBs in the last 3 years, and an authorized dealer network with an office/service centre within 250 km. The quoted price must cover transportation, loading/unloading, installation at bank premises, machinery hiring, and labor. No BOQ items are listed in the current data. This tender emphasizes compliant security equipment supply with end-to-end installation. The opportunity targets suppliers capable of meeting bank-grade installation requirements and rapid, flexible delivery under contractor rates.

Technical Specifications & Requirements

• Product category: Safes (V3) ISI Marked to IS 550
• Standards: ISI Marked safes, IS 550 compliance
• OEM requirements: In-house lock manufacturing facility; OEM should not be blacklisted by PSBs in last 3 years
• Dealer network: Authorized dealer with office/service centre within 250 km
• Delivery scope: Transportation, loading, unloading, installation inside bank premises, hiring of machineries, and labour charges included in rate
• Delivery flexibility: Option clause allows up to 25% quantity variation at contracted rates; extension logic defined with minimum 30 days
• Delivery timeline: Commences from last date of original delivery order; extended period rules apply
• Quality/Certification: Compliance with bank procurement standards and security equipment requirements
• BOQ status: No items listed in current BOQ data

Terms, Conditions & Eligibility

• EMD / security: Not disclosed in available data; bidders should prepare standard bid security per bank policy
• Experience: Prior experience in supplying bank-grade safes and installation is implied via OEM/dealer prerequisites
• Delivery & installation: Rate must include installation at Bank premises and necessary labor; delivery period governed by option clause
• Payment terms: Not specified in data; standard banking procurement terms apply per SBI bid conditions
• Documents: Must demonstrate in-house lock facility, OEM authorization, and dealer credentials; GST/PAN and experience certificates typically required
• Warranty/Penalties: Not specified in data; evaluation will consider compliance with IS 550 and ISI markings
• Other conditions: OEM not blacklisted by PSBs in last 3 years; delivery network within 250 km of service center