Safes (V3) ISI Marked to IS 550
Punjab National Bank
LUCKNOW, UTTAR PRADESH
Bid Publish Date
08-Jun-2026, 12:26 pm
Bid End Date
18-Jun-2026, 1:00 pm
EMD
₹3,00,000
Location
Progress
Quantity
32
Bid Type
Two Packet Bid
Punjab And Sind Bank invites bids for Safes (V3) ISI Marked to IS 550 in Bareilly, Uttar Pradesh. The procurement focuses on safes conforming to IS 550 with class/classification code as per Table 1 and gross internal volume per Table 2. The project requires compliance with BIS/ISI marking and a base EMD of ₹3,00,000. The contract includes a quantity option allowing up to 25% increase/decrease and a delivery window tied to the original delivery schedule. The BOQ contains no line items, indicating a generic safe procurement with specific ISI standards and structural requirements. A notable ATC clause imposes delivery timelines and discretionary extension aligned with order quantities, emphasizing risk mitigation for late delivery.
Product category: Safes (V3) ISI Marked to IS 550
Standards: IS 550 (Table 1 classifications; Table 2 gross internal volume)
Doors: Number of doors as per safe design specification
Volume: Gross Internal Volume as per Table 2 of IS 550
Certification: ISI/BIS marking required
OEM/Brand: BIS/ISI compliant; supplier must provide OEM authorization
EMD of ₹3,00,000 required with bid submission
Delivery window linked to original delivery order; up to 25% quantity variation
0.5% weekly liquidated damages for delays; two working days for complaint resolution
Not specified beyond penalties for delays; bidder should expect standard supplier payment terms upon delivery
Delivery period tied to last date of original delivery order; extension mechanism uses (increased quantity / original quantity) × original delivery period, minimum 30 days
0.5% of delivered price for each week of delay; part weeks count as full week
Proven experience in supplying ISI/BIS marked safes
Financial stability evidenced by audited statements
Manufacturer/authorized dealer with OEM authorization and ISI/BIS compliance documents
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Safes (V3) ISI Marked to IS 550 (Q2)
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Main Document
CATALOG Specification
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Punjab National Bank
LUCKNOW, UTTAR PRADESH
Bank Of Baroda
NASHIK, MAHARASHTRA
State Bank Of India (sbi)
KOTTAYAM, KERALA
State Bank Of India (sbi)
KOTTAYAM, KERALA
Gujarat Gramin Bank
VADODARA, GUJARAT
Tender Results
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| Category | Specification | Requirement |
|---|---|---|
| GENERAL REQUIREMENTS | Classification of Safes (as per Table 1 of IS 550 | Format: Class / Classification Code) | BB / TRTL – 15 × 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) | 1340 (336 L) |
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GST registration certificate
PAN card
Experience certificates for similar safes supply
Financial statements / turnover documents
EMD submission document (₹3,00,000)
Technical bid documents demonstrating IS 550 compliance
OEM authorization / dealership certificates
BIS/ISI compliance certificates or proofs
Key insights about UTTAR PRADESH tender market
Bidders must submit GST, PAN, experience certs, financials, EMD ₹3 Lakh, OEM authorization, and BIS/ISI compliance certificates. The bid includes BIS-required safes with ISI marking; ensure IS 550 Table 1 classification and Table 2 volume specs are met, and follow option clause for quantity changes.
Required documents include GST registration, PAN, experience certificates for similar safes supply, audited financials, EMD submission proof, technical bid indicating IS 550 compliance, OEM authorizations, and BIS/ISI compliance certificates to demonstrate product legitimacy.
Safes must conform to IS 550 tables: classification per Table 1, number of doors as specified, and gross internal volume per Table 2. Products require ISI/BIS marking and BIS ATC compliance; delivery terms influence penalties for delays.
The EMD is ₹3,00,000. Submissions must include EMD documentation as part of the bid; no explicit alternate form is described. Ensure timely payment to avoid disqualification.
Delivery terms allow up to 25% quantity variation at contract; delays incur 0.5% of delivered price per week. Complaints must be resolved within 2 working days; extra branch delivery charges fall on the bidder.
Bidders must provide BIS/ISI certificates and OEM authorizations proving safes meet IS 550 standards. The supplier must demonstrate ISI marking and BIS compliance; non-compliance can lead to disqualification.
The formula is: (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days. The purchaser may extend up to the original delivery period during the option exercise for the contract duration.
If branch delivery incurs extra charges, these costs are borne by the bidder. Ensure you quote inclusive of potential branch delivery costs and confirm final delivery terms in the contract.
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📍 THIRUVANANTHAPURAM, KERALA
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Main Document
CATALOG Specification
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS