Punjab National Bank Safes (V3) ISI Marked to IS 550 2022 Tender West Delhi 2026
Bid Publish Date
04-Sep-2026, 6:16 pm
Bid End Date
25-Sep-2026, 6:00 pm
EMD
₹3,60,000
Location
Progress
Key Highlights
- • BIS IS 550 (Part-1): 2022 conformity essential for all safes
- • Class AAA Gold Safe requirement with ISI marking
- • Delivery, installation, commissioning, and testing (SITC) across 12 Delhi branches
- • EMD amount: ₹360,000; bid security submission required
- • Option clause enabling ±25% quantity adjustment at contracted rates
- • Branch-specific SOL IDs and locations for delivery
- • OEM authorization or vendor certification may be required
- • ATC document governs delivery timelines and compliance
Tender Overview
Punjab National Bank invites bids for the supply, installation, and commissioning of 12 Class "AAA" Gold Safes conforming to BIS IS 550 (Part-1): 2022. The procurement targets branches across South Delhi, with a total of 12 safes to be delivered and installed (SITC). The project carries an EMD of ₹360,000 and requires ISI Marked to IS 550 compliance. Branches include Delhi New Tropical Building, Green Park, Kailash, Defence Colony, Lajpat Nagar, Nehru Place, Geetanjali Enclave, and Sarita Vihar. Delivery terms embed a flexible quantity clause up to 25% and an extended delivery period aligned with original timelines.
- Organization: Punjab National Bank
- Location: West Delhi, Delhi
- Product category: Safes (V3) ISI Marked to IS 550
- Quantity: 12 safes; estimated value not disclosed
- Standards: IS 550 (Part-1): 2022, BIS compliance, ISI marking
- Delivery: SITC to 12 named branches across South Delhi
- EMD: ₹360,000
Key differentiator is the mandatory BIS IS 550:2022 conformity for all safes and the specific branch SITC delivery schedule, with a structured incentive to scale up to 25% quantity at contracted rates.
Technical Specifications & Requirements
- Product: 12 Class "AAA" Gold Safes for bank branches, SITC at locations listed in the attached ATC
- Standards: BIS IS 550 (Part-1): 2022; ISI marking required
- Qualification: Safes must be ISI/ISI Marked and AAA class per BIS guidance; delivery across 12 Delhi branches
- Delivery scope: SITC including installation and testing at each branch; quantities per site follow Sol IDs
- Branch list (representative): Tropical Building (New Delhi), Green Park, Kailash, Defence Colony, Lajpat Nagar, Nehru Place, Geetanjali Enclave, Sarita Vihar, and others
- OEM/Brand: Any approved manufacturer with BIS/ISI certification for AAA safes; ensure compliance certificates accompany bid
- Warranty/Support: Not specified in the provided data; bidders may need to verify warranty terms during ATC review
Terms, Conditions & Eligibility
- EMD: ₹360,000; submit as specified in ATC/EMD documents
- Delivery: SITC within delivery windows aligned to the last date of the original delivery order; option to increase quantity up to 25% during contract; minimum additional time rule
- Quantity variance: Up to 25% increase/decrease permitted at contracted rates
- ATC: Refer to uploaded ATC document for delivery and compliance nuances
- Payment terms: Not specified in data; bidders should confirm with negotiations
- Penalties: LD/penalty clauses to be defined in ATC; ensure adherence to delivery timelines
- Warranty: Not explicitly stated; confirm during bid submission
- Eligibility: Compliance with BIS IS 550 (2022) and ISI marking; installation capability at multiple branches
Key Specifications
-
Product/service: 12 Class AAA Gold Safes
-
Standards: BIS IS 550 (Part-1): 2022; ISI marking
-
Delivery scope: SITC to 12 Delhi branches with installation
-
Branch locations: 12 specified in ATC (South Delhi)
-
EMD: ₹360,000; BIS/ISI compliant
-
Quantity variance: ±25% of bid quantity during contract
Terms & Conditions
-
Delivery and SITC of 12 Class AAA Gold Safes to Delhi branches with ISI/BIS compliance
-
EMD of ₹360,000; option to increase quantity by 25% during contract
-
IS 550:2022 BIS standards mandatory; ATC governs schedule and penalties
Important Clauses
Payment Terms
Payment terms not specified in data; verify in ATC and finalize with supplier
Delivery Schedule
Delivery period computed from last date of original delivery order; option clause allows quantity variation up to 25%
Penalties/Liquidated Damages
Penalties details to be defined in ATC; ensure monitoring during SITC across 12 branches
Bidder Eligibility
-
Experience in supplying and installing BIS ISI marked safes
-
Demonstrated capability to deliver SITC across multiple branches
-
Financial stability evidenced by turnover/statements and GST compliance
Tender Data
Bid Details
Quantity
12
Bid Type
Two Packet Bid
Bid Validity
30 (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
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
90
OEM Avg. Turnover
720
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
PUNJAB NATIONAL BANK
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
60
Delivery Locations
1
Delivery Cities
New Delhi
Delivery Pincodes
110066
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Gaurav Arya | 110066,1st Floor ,PNB Circle Office South Delhi, 07,Africa Avenue,Bhikaji Cama Place, Delhi | New Delhi | Delhi | 110066 | 12 | 60 | - |
Authority Records
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Documents 4
GeM-Bidding-9848606.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
1
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Required Documents
GST Registration Certificate
Permanent Account Number (PAN) Card
EMD submission receipt or proof
Technical bid with BIS/ISI compliance certificates
OEM authorization letter (if applicable)
Financial statements or turnover documentation
Experience certificates for prior installation of safes (if required)
Quality/certification documents demonstrating IS 550 compliance
Frequently Asked Questions
Key insights about DELHI tender market
How to bid for safes procurement in West Delhi with IS 550 compliance
Bidders must meet IS 550 (Part-1): 2022 BIS standards, provide ISI marking, and submit EMD of ₹360,000. Include GST, PAN, technical certificates, and OEM authorizations. Ensure SITC delivery to 12 Delhi branches and adherence to the 25% quantity option. ATC governs payment terms and penalties.
What documents are required for safes procurement in Delhi 2026
Submit GST registration, PAN, EMD receipt, technical bid with BIS/ISI certs, OEM authorization if applicable, financial statements, and experience certificates for prior safe installations. Ensure branch delivery readiness and ISI/BIS conformity certificates accompany the bid.
What are the technical specifications for Class AAA Gold Safes
Safes must be Class AAA Gold per BIS IS 550 (Part-1): 2022 with ISI marking. Deliver 12 safes to Delhi branches; warranty and exact dimensions are defined in ATC. Confirm authorized OEM supplier status and ensure BIS conformity certificates are included with bid submission.
When is the EMD submission deadline for the safes tender
EMD amount is ₹360,000; bidders should submit proof of deposit or payment with the bid. The ATC will specify submission format and deadline relative to bid opening. Ensure EMD validity through award and contract finalization.
What are the delivery terms for SITC of safes in Delhi
Delivery is SITC to 12 branches listed in the ATC; delivery period starts from the last date of the original delivery order. An option clause allows up to 25% quantity variation during contract, with extended timelines calculated per clause.
What standards must safes conform to for Punjab National Bank
Safes must be ISI marked and BIS certified to IS 550 (Part-1): 2022. They must be Class AAA Gold safes, suitable for bank-grade security, with required compliance certificates and installation capability at multiple branches across South Delhi.
Which branches are included for delivery in this tender
Branch delivery includes Delhi Tropical Building, Green Park, Kailash (East of Kailash), Defence Colony, Lajpat Nagar, Nehru Place, Geetanjali Enclave, Sarita Vihar, and additional listed SOL IDs per ATC. SITC must cover installation and testing at each site.
What are the eligibility criteria for suppliers in this tender
Bidder must demonstrate BIS/ISI conformity capability, prior installation experience for bank safes, GST and PAN compliance, and sufficient financial strength. OEM authorization may be required; ensure delivery readiness for 12 branch installations within Delhi.