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Punjab National Bank Safes (V3) ISI Marked to IS 550 Tender Kolkata West Bengal 2026

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

Progress

Issue29-Jul-2026, 8:58 pm
AwardPending

Key Highlights

  • Explicit EMD amount: ₹3,36,000 for bid participation
  • Standards required: ISI Marked safes and IS 550 compliance
  • Option clause allowing ±25% quantity adjustment during/after contract
  • Delivery period linked to last date of original delivery order with calculated extension

Tender Overview

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.

Technical Specifications & Requirements

  • Product category: Safes (V3) ISI marked to IS 550 (Q2) as the procurement standard.
  • Standards/certification: ISI Marked safes, IS 550 compliance; potential OEM or branding constraints to align with bank security requirements.
  • Estimated value & EMD: ₹1,68,00,000 estimated contract value; EMD ₹3,36,000 to secure bid participation.
  • BOQ status: No items listed in BOQ; implication of a single-category, bank-focused safe procurement.
  • Delivery framework: Option clause permits up to 25% quantity variation and time recalculation formula based on original delivery period; if extended, minimum 30 days, scaled by quantity ratio.
  • Delivery location: Kolkata, West Bengal; no installation or warranty details specified in the data.
  • ATC/ATD reference: Buyer added terms indicate an ATC document is uploaded and enforceable.

Terms & Eligibility

  • EMD: ₹3,36,000 required to participate.
  • Quantity variation: Purchaser may increase/decrease up to 25% during and after contract at contracted rates.
  • Delivery schedule: Delivery period starts from the last date of the original delivery order; extended delivery time follows the specified formula with a minimum of 30 days.
  • Payment terms: Not explicitly specified in provided data; bidders should anticipate standard bank procurement practices and ATC references.
  • Documentation: While explicit document lists aren’t provided, bidders should prepare GST, PAN, bank experience proofs, and standard technical bids for safeguard compliance.
  • ATC conditions: Compliance with uploaded Buyer ATC document is required; ensure ISI/IS 550 alignment and any OEM authorizations if applicable.

Key Specifications

  • 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

Terms & Conditions

  • 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

Important Clauses

Payment Terms

Not explicitly provided; bidders should refer to ATC for standard bank procurement payment terms.

Delivery Schedule

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.

Penalties/Liquidated Damages

No LD details provided in data; refer to ATC for penalty clauses if any.

Bidder Eligibility

  • 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

Authority & Contact

Department

BANKING SECTOR

Office Name

Zo Kolkata

Grievance Contact

[email protected]

Tender Data

Bid Details

Quantity

14

Bid Validity

90 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Inspection Required

No

Tech Clarification Time

3 Days

Preference & Exemptions

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

Requirements

Min. Avg. Annual Turnover

84

OEM Avg. Turnover

570

Past Performance

80 %

Experience Required

3 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

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)

Delivery Details

Max Delivery Days

14

Delivery Locations

1

Delivery Cities

Kolkata

Delivery Pincodes

700001

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
SOUNAK ROY700001,4th Floor, United Tower, 11 Hemanta Basu Sarani, BBD Bag, Kolkata 700001KolkataWest Bengal700001-14-

Authority Records

MINISTRY OF FINANCEPUNJAB NATIONAL BANK

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Documents 4

GeM-Bidding-9681207.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Categories 1

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar safe procurement

4

Financial statements (last 2–3 years)

5

EMD payment proof (DD/online transfer receipt)

6

Technical bid documents demonstrating ISI Marked IS 550 compliance

7

OEM authorization / dealership certificates if bidding on behalf of OEM

8

Any additional bank-specific compliance documents required by ATC

Frequently Asked Questions

Key insights about WEST BENGAL tender market

How to bid for ISI safes tender in Kolkata 2026

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.

What documents are required for safes procurement in West Bengal

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.

What standards are mandatory for Safes V3 ISI Marked

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.

When is delivery expected for Kolkata safes procurement

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.

What is the EMD amount for this bank tender

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.

How to verify ATC compliance for the West Bengal safes bid

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.