Bid Publish Date
29-Jul-2026, 8:58 pm
Bid End Date
27-Aug-2026, 1:00 pm
EMD
₹3,36,000
Value
₹1,68,00,000
Location
Progress
Punjab National Bank in Kolkata, West Bengal invites procurement of Safes (V3) ISI marked to IS 550 (Q2). The project scope targets a total estimated value of ₹1,68,000,00 with an EMD of ₹3,36,000. The tender includes an option clause allowing up to 25% quantity variation at contracted rates and delivery timing aligned to the last original delivery order date. No BOQ items are listed, underscoring a focused safe procurement for bank security needs in the Kolkata region. This opportunity requires compliance with ISI markings and IS 550 standards, with delivery terms governed by the option clause and extended timelines as applicable.
Product category: Safes (V3) ISI Marked to IS 550 (Q2)
Estimated contract value: ₹1,68,00,000
EMD amount: ₹3,36,000
Quantity variance: +/- 25% at contracted rates
Delivery time: Calculated per extended delivery period formula with a minimum of 30 days
EMD of ₹3,36,000 required for bid submission
ISI Marked safes to IS 550 compliance mandatory
Quantity variation up to 25% during and after contract
Delivery timeline tied to original DO date with extension rules
Not explicitly provided; bidders should refer to ATC for standard bank procurement payment terms.
Delivery period starts from the last date of the original delivery order; extended time calculated as (increased quantity ÷ original quantity) × original delivery period, minimum 30 days.
No LD details provided in data; refer to ATC for penalty clauses if any.
Must meet EMD requirement of ₹3,36,000
Should provide ISI Marked safes compliant with IS 550
Experience in supplying bank-grade safes or similar security equipment
Ability to accept 25% quantity variation within contract terms
Quantity
14
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
3 Days
EMD Required
Yes
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
Yes
Min. Avg. Annual Turnover
84
OEM Avg. Turnover
570
Past Performance
80 %
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Safes (V3) ISI Marked to IS 550 (Q2)
Advisory Bank
State Bank of India
ePBG Percentage
3%
ePBG Duration (Months)
12
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Max Delivery Days
14
Delivery Locations
1
Delivery Cities
Kolkata
Delivery Pincodes
700001
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| SOUNAK ROY | 700001,4th Floor, United Tower, 11 Hemanta Basu Sarani, BBD Bag, Kolkata 700001 | Kolkata | West Bengal | 700001 | - | 14 | - |
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Main Document
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar safe procurement
Financial statements (last 2–3 years)
EMD payment proof (DD/online transfer receipt)
Technical bid documents demonstrating ISI Marked IS 550 compliance
OEM authorization / dealership certificates if bidding on behalf of OEM
Any additional bank-specific compliance documents required by ATC
Key insights about WEST BENGAL tender market
Bidders should ensure ISI Marked safes compliant with IS 550, submit ₹3,36,000 EMD, provide GST/PAN and bank experience proofs, and upload the ATC-compliant technical bid. The bid must align with the 25% quantity variation clause and delivery terms tied to the original delivery order date.
Essential documents include GST certificate, PAN card, bank experience certificates for similar safes, financial statements, and EMD proof. Also prepare OEM authorizations and ISI/IS 550 compliance certificates, plus any bank-specific ATC attachments referenced in the tender.
Bidders must provide safes that are ISI Marked and IS 550 compliant (V3 category). Ensure the supplier can demonstrate certification bodies’ validity and provide testing reports or ISI certificates as part of the technical bid.
Delivery is governed by the original delivery order date, with possible extensions calculated as (increased quantity ÷ original quantity) × original delivery period, minimum 30 days. Prepare a realistic schedule reflecting these terms and ensure alignment with bank expectations.
The tender requires an EMD of ₹3,36,000. Submit proof of payment via DD or online transfer as part of the bid package, ensuring the EMD validity covers the evaluation period and any bid submission timeline specified in ATC.
Review the uploaded Buyer ATC document; ensure all terms are met including ISI/IS 550 requirements, quantity variation, and delivery terms. Prepare a technical bid that explicitly cites compatibility with the ATC conditions and provide OEM or accreditation evidence if requested.