Bid Publish Date
10-Sep-2026, 6:27 pm
Bid End Date
24-Sep-2026, 4:00 pm
Location
Progress
Punjab National Bank invites bids for Safes (V3) ISI Marked to IS 550 in the Bilaspur, Chhattisgarh (495001) region. The scope centers on procurement of Gold Safe solutions with mandatory security integrations, including Biometric Locking, Duress alarms, CCTV coverage inside Strong Rooms, and Retrofit options for existing Class A/AA/AAA safes. The tender references ISI 550 compliant, V3 certification, and bank policy-driven surveillance requirements. The contract allows quantity adjustments up to 25% during placement and currency, with delivery period adjustments computed as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days. The bidder must adhere to these option clauses and supply terms as specified by the purchaser.
Product: Safes (V3) ISI Marked to IS 550
Security features: Biometric lock, auto-dialer integration, silent duress alarm
CCTV: 180 days recording inside Strong Room; one additional CCTV with 128 GB SD card for 7 days
Power: tamper-proof battery system with minimum 1 year life
Enclosure: separate fabrication if cash/gold safes and lockers are together inside SR
Retrofit: pre-fitted security gadgets on Class AA/AAA safes; risk assessment by ZOSC/COSC
Option clause allows up to 25% quantity variation at placement and during currency
Delivery timelines linked to original/extended orders with minimum 30 days
Mandatory biometric, duress, and CCTV features for Gold Safe installations
Not explicitly defined in data; expect bank-standard terms post award and delivery acceptance
Delivery starts from last date of original delivery order; extended time proportional to quantity changes, minimum 30 days
Not specified in data; ATC may impose LD for late delivery or non-compliance per procurement rules
Experience in supplying or retrofitting security safes (Class AA/AAA) with biometric and CCTV integration
Demonstrated capability to install safes inside bank Strong Rooms adhering to bank policy
Compliance with ISI Marked to IS 550 (V3) standards and OEM authorizations
Quantity
5
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
EMD Required
No
MII Purchase Preference
Yes
MII Preference Band
L1+20%
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Min. Avg. Annual Turnover
8
OEM Avg. Turnover
64
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)
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
30
Delivery Locations
1
Delivery Cities
Bilaspur
Delivery Pincodes
495001
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Santosh Kumar Sharma | 495001,PUNJAB NATIONAL BANK BO: BDA VAYPAR VIHAR SRIKANT VERMA MARG NEAR SAI PRISHAR BILASPUR CG 495001 | Bilaspur | Chhattisgarh | 495001 | 5 | 30 | - |
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Main Document
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar safes/security installations
Financial statements demonstrating financial capability
EMD/Security deposit documents (as per ATC guidance)
Technical bid documents evidencing ISI 550/V3 compliance
OEM authorizations or dealer certificates for safes and security gadgets
Site-specific installation clearance or risk assessment reports (if requested)
Key insights about CHHATTISGARH tender market
Bidders must meet eligibility criteria, submit GST, PAN, experience certificates, financial statements, EMD, OEM authorizations, and ISI/IS 550 compliance documents. The tender allows up to 25% quantity variation; ensure you can meet biometric, duress, and CCTV integration requirements for Gold Safe installations inside Strong Rooms.
Submit GST certificate, PAN, experience certificates for similar deployments, financial statements, EMD proof, technical compliance certificates, OEM authorizations, and installation risk assessments if requested. Ensure ISI Marked to IS 550 and V3 certifications are demonstrated for all delivered safes.
Key specs include Gold Safe with Biometric Lock linked to auto-dialer, silent duress alarm to 8 pre-stored numbers, 180-day CCTV inside SR, additional CCTV with 128 GB SD for 7 days, vibration sensor, and enclosure for combined safes/lockers. All components must be ISI Marked to IS 550 (V3).
Delivery period aligns with the original delivery order; if quantities increase, extended time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a mandatory minimum of 30 days per ATC terms.
EMD details are not specified here; bidders should prepare to submit standard security deposit. Payment terms are not explicitly defined; anticipate bank procurement norms post delivery acceptance and verification of ISI 550/V3 compliance.
Retrofit decisions follow risk assessment by the Nodal Officer-Gold Loan and ZOSC/COSC. OEMs may retrofit existing Class A/AA/AAA safes with pre-fitted security gadgets and install additional devices inside the Strong Room as per bank policy.
All safes must be ISI Marked to IS 550 with V3 designation. Security features include biometric locking, duress alarms, and CCTV coverage in SR per bank policy. OEM authorization and ISI 550 compliance certificates are required during submission.
The Nodal Officer-Gold Loan along with ZOSC/COSC conducts risk assessments to decide on installing specified security gadgets. Final decisions depend on branch-specific risk findings and compliance with internal security guidelines.