Safes (V3) ISI Marked to IS 550
State Bank Of India (sbi)
ADILABAD, TELANGANA
Bid Publish Date
21-Nov-2025, 6:15 pm
Bid End Date
01-Dec-2025, 5:00 pm
EMD
₹70,000
Value
₹30,00,000
Location
Progress
Quantity
3
Bid Type
Two Packet Bid
Union Bank Of India invites bids for Safes (V3) ISI Marked to IS 550 in East Godavari, Andhra Pradesh (507130) with an estimated value of ₹3,000,000 and an EMD of ₹70,000. The category targets ISI marked safes compliant with IS 550 standards. The contract contemplates quantity flexibilities: up to 25% increase/decrease at contracted rates, with delivery timelines tied to the original order and extended periods per the option clause. The procurement focuses on secure, ISI-certified storage solutions for bank assets and cash handling across urban and rural branches, with emphasis on compliance over brand specificity.
Key differentiators include non-fixed quantity assumptions and a delivery clock that adjusts with option-based changes, ensuring bidders price robustly for both baseline and peak demand scenarios. Unique aspects include a documented option clause governing quantity fluctuations and delivery time calculations, demanding clear project management and contingency planning from bidders.
Product: ISI marked safes (V3)
Standard: IS 550 compliant; ISI marked
Estimated value: ₹3,000,000; EMD: ₹70,000
Delivery: per original delivery order with option-based extension
No BOQ items listed; procurement for banking security equipment
ATC terms include quantity variation up to ±25%
EMD amount specified as ₹70,000 and to be submitted with bid
Delivery period adjustable via option clause with calculation formula
Quantity may be increased or decreased up to 25% of bid/contract quantity
Payment terms not specified in tender data; bidders should verify during bid submission and seek clarification if needed
Delivery period commences from last date of original delivery order; extended time computed as (additional quantity / original quantity) × original delivery period, minimum 30 days
Penalties or LD provisions not specified in data; bidders should presume standard contract LDs and confirm during bid
Must be capable of supplying ISI marked safes meeting IS 550
Comply with option clause allowing ±25% quantity adjustments
Submit EMD ₹70,000 and necessary bid documents
Provide OEM authorization if bidding on non-brand name
State Bank Of India (sbi)
ADILABAD, TELANGANA
State Bank Of India (sbi)
SAWAI MADHOPUR, RAJASTHAN
State Bank Of India (sbi)
BIKANER, RAJASTHAN
State Bank Of India (sbi)
NEW DELHI, DELHI
State Bank Of India (sbi)
NEW DELHI, DELHI
Tender Results
Loading results...
Discover companies most likely to bid on this tender
GST Registration Certificate
Permanent Account Number (PAN) card
Experience certificates for similar safes procurement
Financial statements or balance sheet for last 2-3 years
EMD submission proof (DD/online payment receipt)
Technical bid submission documents demonstrating ISI 550 compliance
OEM authorization letter (if bidding on OEM brand)
Any ISI/BIS certifications or ISI mark certificates
Key insights about ANDHRA PRADESH tender market
Bidders must submit GST, PAN, EMD ₹70,000, and experience certificates for similar safes. Ensure ISI marking and IS 550 compliance. Include OEM authorization if applicable, and price bids reflecting ±25% quantity flexibility as per the option clause.
Required documents typically include GST certificate, PAN card, financial statements, experience certificates, EMD proof, OEM authorization, and ISI/BIS certifications. Ensure IS 550 compliance is demonstrated with product datasheet and test reports.
The tender mandates ISI marked safes with IS 550 compliance. No explicit dimensions were provided; bidders must confirm exact capacity, door thickness, lock type, fire resistance, and mounting method during bid submission and site survey, ensuring alignment with bank security standards.
Delivery timing follows the original delivery order date; extended time is calculated as (additional quantity/original quantity) × original delivery period, with a minimum of 30 days. Bidders must plan buffer time for potential quantity changes under the option clause.
The EMD amount is ₹70,000. Submit via online payment or demand draft as per bank guidelines. Ensure EMD validity aligns with bid submission deadline and is accompanied by bid security documents as specified in the T&C.
Bidders must provide ISI marking and demonstrate IS 550 compliance for safes. Include relevant certifications or test reports from accredited bodies and ensure product datasheets show conformity to the ISI Mark requirements and security performance criteria.
The purchaser may adjust the order by ±25% during procurement and the currency, with delivery time scaled by the ratio of the changed quantity. Bidders should price for peak demand and prepare capacity plans, including lead times, to meet potential quantity fluctuations.
This tender is issued by Union Bank Of India for safes in East Godavari, Andhra Pradesh. Bid submissions must reflect compliance with ISI marking and IS 550 standards, with EMD and bank-specific documentation completed per the ATC terms.
Access all tender documents at no cost
Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS